Money Matters

Could your money-market fund 'break the buck'?

Informações:

Synopsis

If you think the money in your money-market mutual fund is as safe as the cash in an FDIC insured bank account, think again. Although money funds have been very safe investments in the past, there's always the possibility they could drop in value or "break the buck". Federal regulators are considering new rules that could impact the cash you park in money-market funds. But it looks like the targets at this point are funds catering only to corporations and other large institutional investors.