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  2. 6 best money market funds in February 2025 - AOL

    www.aol.com/finance/6-best-money-market-funds...

    Fidelity Money Market Fund (SPRXX) The Fidelity Money Market Fund invests in short-term securities to produce a high level of current income while maintaining stability and a high level of ...

  3. Best Money Market Funds for October 2024 - AOL

    www.aol.com/8-best-money-market-funds-234546172.html

    Here are nine of the best money market funds to invest in. Learn about key factors you should consider before investing in any of these money market funds. Best Money Market Funds for October 2024 ...

  4. Fidelity Magellan Fund - Wikipedia

    en.wikipedia.org/wiki/Fidelity_Magellan_Fund

    The Fidelity Magellan Fund (Mutual fund: FMAGX) is a U.S.-domiciled mutual fund from the Fidelity family of funds. [1] It is perhaps the world's best-known actively managed mutual fund, known particularly for its record-setting growth under the management of Peter Lynch from 1977 to 1990. [ 2 ]

  5. Money market fund - Wikipedia

    en.wikipedia.org/wiki/Money_market_fund

    A money market fund (also called a money market mutual fund) is an open-end mutual fund that invests in short-term debt securities such as US Treasury bills and commercial paper. [1] Money market funds are managed with the goal of maintaining a highly stable asset value through liquid investments, while paying income to investors in the form of ...

  6. Fidelity Investments - Wikipedia

    en.wikipedia.org/wiki/Fidelity_Investments

    Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation based in Boston, Massachusetts.. Established in 1946, the company is one of the largest asset managers in the world, with $5.8 trillion in assets under management, and $15.0 trillion in assets under administration, as of September 2024

  7. Bruce R. Bent - Wikipedia

    en.wikipedia.org/wiki/Bruce_R._Bent

    Bruce Roger Bent (born May 25, 1937) is an American businessman credited with inventing the world's first money market fund, the Reserve Fund, with Henry B. R. Brown in 1970. Bent and Brown created an organizational structure by which investors could pool cash to gain access to the market for short-term money obligations.

  8. Money market accounts vs. money market funds: How these two ...

    www.aol.com/finance/money-market-account-vs...

    A money market fund (MMF) is a mutual fund that pools money from many investors to buy safe short-term investments like government bonds and high-quality corporate loans. Money market funds aim to ...

  9. Mutual fund - Wikipedia

    en.wikipedia.org/wiki/Mutual_fund

    A mutual fund is an investment fund that pools money from many investors to purchase securities.The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital'), and the open-ended investment company (OEIC) in the UK.

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