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Money Market Funds (UHD 2024)

Money market funds (MMFs) are a low-risk, high-liquidity investment staple, often used as a "cash-plus" strategy to park money while earning more interest than a standard savings account.

The price doesn't go up like a stock; you only earn the interest. Common Types of Funds What are money market funds? | BlackRock money market funds

To preserve your initial investment (maintaining a stable $1.00 Net Asset Value per share) while providing daily liquidity. Money market funds (MMFs) are a low-risk, high-liquidity

Often pay significantly more than traditional bank savings. high-liquidity investment staple