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Money market funds are available from several different brokers and fund managers. ... 6 best money market funds in February 2025. Brian Baker, CFA. February 1, 2025 at 12:05 AM.
Here are a few places to start when comparing money market accounts for the best MMA rate: Vio Bank — 5.30% APY; $100 minimum deposit. UFB Direct — 5.25% APY; no minimum deposit.
As a result, money market funds are riskier than money market bank accounts, but they’re a more diverse way to invest, and they have the potential to produce larger returns. Money market funds ...
This article provides the most up-to-date average money market account annual percentage yield, which is 0.49 percent, and insight as to why knowing the average money market account rate is important.
Money market accounts (MMAs) Money market funds (MMFs) Provider. Banks and credit unions. Investment firms and brokers. Insurance. FDIC or NCUA up to $250,000
Money market funds’ net assets reached $6.4 trillion in 2023, with investors pouring a record $1.2 trillion into the funds during the year, according to the U.S. Treasury Department’s Office ...
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