MutualFundWire.com: Money Fund Assets Touch a New High
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Thursday, January 15, 2009

Money Fund Assets Touch a New High


Assets in money market funds climbed by $43.38 billion in the week ended Tuesday, bringing the total to a new record of $3.84 trillion, The Wall Street Journal reports, citing data from iMoneyNet's Money Fund Report.

Inflows into taxable funds amounted to $40.19 billion and tax-free funds recorded inflows of $3.19 billion as yields fell steeply.


Printed from: MFWire.com/story.asp?s=20469

Copyright 2009, InvestmentWires, Inc.
All Rights Reserved
Back to Top