MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, February 15, 2008 Jaffe Takes on Money Funds In his new column, MarketWatch's Chuck Jaffe reminds investors that money funds are not the ideal refuge from inflation. When the Fed was cutting interest rates in recent weeks, investors poured in billions into money funds. Money-fund rates are dropping in reaction to the Fed's moves, and industry observers suggest that the average money fund will yield about 2.5 percent by the time the current adjustments are complete. Inflation, on the other hand, stands at 4.1 percent, as measured by the CPI in 2007. Printed from: MFWire.com/story.asp?s=17424 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |