NEW YORK, May 21 (Reuters) - Wells Fargo's fund unit said on Thursday it will make changes to its U.S. money market funds , marking the latest fund operator to adopt moves to comply with regulatory changes for the $2.6 trillion industry.
Fund) Fact Book is out. It has fund industry data to 12/31/2014 on OEFs (mutual funds), ETFs, CEFs, UITs, money - market funds , retirement funds, 529s, funds-of-funds, etc. Only a large .pdf download is available now but an .html version
take distributions in the next 2-3 year range. The IRA/SEPs are in the Franklin Income Fund (FKINX) with no cash or money market funds . Should we start having the monthly dividends go to a MM account instead of being reinvested? My reasoning is in case
the Fed do that with so much liquidity around? The Fed may raise the rate it pays on bank reserves it holds or allow the money - market funds and/or the GSEs to tap into its overnight reverse-REPOs . There may be volatility from these new and untested tools [ if the
weighted expense ratio across all funds (including mutual funds and exchange-traded products, or ETPs, but excluding money market funds and funds of funds) has fallen to 0.64% from 0.87%, which is a decline of 27%. Yet, in that same span, industry
rating agency) NEW YORK, April 23 (Fitch) Changes in the U.S. regulatory environment will reduce the ability of money market funds (MMFs) to provide funding to banks, according to Fitch Ratings. However, we believe this should have minimal impact
weighted expense ratio across all funds (including mutual funds and exchange-traded products, or ETPs, but excluding money market funds and funds of funds) was 0.64% in 2014, down from 0.65% in 2013 and 0.76% five years ago. The trend is being
NEW YORK, April 22 (Reuters) - Assets at U.S. tax-free money market funds fell $5.71 billion in the latest week, their biggest weekly withdrawals in nearly 5-1/2 years, the Money Fund Report said on...
time but begin to taper. Cash and Money Market Funds With short-term rates basically ..... cash, or cash substitutes, such as money market funds . First, investors need to hold cash ..... one reason investors hold cash. Money market funds , still provide, first and foremost
CLS: Federal Reserve – Money Market Funds – Bonds