Money Market Fund Assets Reach Record $7.7 Trillion

In early September, funds saw $60 billion in net inflows as assets doubled over the past 5.5 years.

Summary

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Terms & Concepts
  • Assets Under Management (AUM): The total market value of the investments managed by a financial institution or fund.
  • Money Market Fund: A type of mutual fund that invests in short-term, high-quality debt instruments, offering liquidity and low risk.
  • Net Inflows: The net amount of new money invested in a fund, calculated as total inflows minus total redemptions over a period.