Our cash funds aim to provide clients with the liquidity, risk control and returns they need for effective cash investment. BGI currently manages $198 billion1 in cash assets for clients around the world.
A cash/money market fund (MMF) is a pooled investment vehicle, or pooled fund, designed to provide investors with an efficient way of managing cash balances. Like other pooled funds, MMFs aim to provide investors with easy, lower-cost and shared access to professional investment expertise.
The returns provided by MMFs can be highly competitive in comparison to other money market products. Most MMFs trade daily, enabling investors to access their cash balances at short notice.
MMFs aim to provide investors with an excellent tool for risk diversification together with access to a range of issuers. By making just one trade into an MMF, an investor can achieve credit risk diversification, competitive returns and maintain the liquidity of their investment.
1Barclays Global Investors, 31 December 2008