Years ago, Fidelity pioneered the concept of insurance for money market mutual funds. While it didn’t cover the whole $1.00 NAV, it was designed to cover “isolated defaults” or bolts from the blue.
cranedata.wordpress.com/2007/12/28/money-fund-insurance-on-the-comeback/
Showing posts with label fund. Show all posts
Showing posts with label fund. Show all posts
Sunday, November 30, 2008
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