Investing in Cash
Money Market Funds
Of the thousands of money market funds, how many have ever fallen below a net asset value of $1.00?
Since money market mutual funds are a safe way to invest cash assets, their guiding purpose is always to provide a relatively safe place to invest short-term cash assets, and maintain a $1.00 net asset value. Since their inception in 1971, only three money market mutual funds have ever had their net asset value fall below $1.00 per share.