Money Market Funds and ETFs limit their investment selection to highly liquid instruments, including cash, cash-equivalent securities and high-credit-rating debt-based securities with short-term maturities. These funds generally have lower levels of risk
Money Market Funds and ETFs limit their investment selection to highly liquid instruments, including cash, cash-equivalent securities and high-credit-rating debt-based securities with short-term maturities. These funds generally have lower levels of risk
Money market funds These are mutual funds that help invest your cash in the money market. Here’s a brief reminder of the good work mutual funds do. They break heavy investments into purchasable units. For example, a $10 million investment broken down into units of $100. That way, more ...
money market Thesaurus Financial Acronyms Encyclopedia Wikipedia Related to money market:Capital market,stock market,Money market account,Money market instruments,Money market funds money market n. 1.The trade in short-term, low-risk debt securities, such as commercial paper and US Treasury bills. ...
“That was also supported by the fact that the spread between the official market and parallel market narrowed significantly so people preferred using IMTOs because the safety of funds was guaranteed,” he said. Ologunro noted that the recent changes in the current market entail a widened spread...
The Sub-Fund seeks to achieve a return in the Sub-Fund's Base Currency in line with prevailing money market rates whilst aiming to preserve capital consistent with such rates and to maintain a high degree of liquidity, by investing in USD-denominated short-term Money Market Instruments, eligibl...
This study looked at the effect of the global financial meltdown on the Nigerian money market. To start with, it identified the major problems associated with the Global financial crisis and its effects on the Nigeria economy. As the crisis affect trade and investment flows, the Nigerian money...
bill auction from the beginning of the year All data as at 31 December 2021 unless otherwise stated FBN Money Market Fund Overview Investment Objective The Fund seeks to preserve capital and maximise income by offering access to a diversified range of low risk money market instruments in Nigeria...
We are licensed by the SEC, enabling you to grow and manage your money securely. With direct access to the largest pool of mutual funds in Nigeria, you can save and invest at competitive rates, and build wealth at your own pace, in ways that won’t take the “style” from your life...
In 2024, roughly eight percent of the population between 16 and 64 were using mobile payment services. This was an decrease from the previous year. Moreover, between 2019 and 2022, the share of the population reporting to use mobile money accounts in Nigeria remained stable. Indeed, this valu...