MutualFundWire.com: Investors Poured $58.38 Billion into Money Funds in the Latest Week
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Thursday, October 16, 2008

Investors Poured $58.38 Billion into Money Funds in the Latest Week


The Treasury Department's guarantee program appears to have succeeded in easing investor jitters surrounding money market funds. In the week ended October 14, investors poured $58.38 billion into money-market funds, marking the third week of net buying in the funds, reports The Wall Street Journal's Daisy Maxey, citing numbers from the Money Fund Report.

Assets in money-market funds now total $3.446 trillion.


Printed from: MFWire.com/story.asp?s=19657

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