Can a money market fund become insolvent
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Can a money market fund become insolvent in the same sense as a bank? Can there be a run on a money market fund?
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The expert determines if money market funds can become insolvent.
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In the current environment the managers of money market fund are saying that customer may lose money in the money market fund. Previously the money market fund was considered as the safe and risk-free fund for the customer for a long period. The reduction in the value of investment is causing a decrease in the value of money of the investor in money market fund (Henriques, 2008). But ...
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