A money market fund is an open-ended mutual fund that invests in short-term debt securities Money market funds seek a stable net asset value, or NAV per share (which is generally in the United States); they aim to never lose money. . request redemption at any time, without waiting for obligations to come due.
Consistent with Fitch's MMF rating criteria, the reviewed funds seek to levels of daily and weekly liquidity to meet investors' redemption requests. Deutsche Global Liquidity Series p.l.c. - Deutsche Managed Sterling Fund.
The proposed rules aim to ensure better protection of MMF investors and to be able to meet sudden redemption requests under adverse market conditions.