OTHER GROUP COMPANIES
market

Assets of US retail money market funds rise to $896bn

Assets of institutional money market funds decreased by $5.03 billion to $1.67 trillion for the week ended Wednesday, July 23

July 25, 2014 11:07 IST | India Infoline News Service
Total money market fund assets decreased by $2.18 billion to $2.56 trillion for the week ended Wednesday, July 23, the Investment Company Institute reported today.
Among taxable money market funds, Treasury funds (including agency and repo) increased by $1.54 billion and prime funds decreased by $2.77 billion. Tax-exempt money market funds decreased by $950 million.
Retail: Assets of retail money market funds increased by $2.84 billion to $896.27 billion. Among retail funds, Treasury money market fund assets increased by $2.44 billion to $200.09 billion, prime money market fund assets increased by $530 million to $510.18 billion, and tax-exempt fund assets decreased by $140 million to $186.00 billion.
Institutional: Assets of institutional money market funds decreased by $5.03 billion to $1.67 trillion. Among institutional funds, Treasury money market fund assets decreased by $910 million to $706.94 billion, prime money market fund assets decreased by $3.31 billion to $888.67 billion, and tax-exempt fund assets decreased by $810 million to $71.18 billion.

OPEN A DEMAT ACCOUNT & Get
FREE Benefits Worth 5,000

FEATURED ARTICLE

BLOGS

Open Demat Account

  • 0

    Per Order for ETF & Mutual Funds Brokerage

  • 20

    Per Order for Delivery, Intraday, F&O, Currency & Commodity