Money Market Mutual Funds: An Introduction
Money market mutual funds (usually referred to as money market funds or money funds) invest in short-term, fixed-income securities, otherwise known as money market investments. By definition, money market investments mature in less than one year.
Like other mutual funds, money market funds are pooled investments that allow investors to participate in a diversified portfolio managed by professionals to meet certain goals, which are stated in the fund's prospectus.
Check out these informative articles on how to invest in money market mutual funds: