Money Market Funds
-a type of mutual funds investing in low-risk securities
-usually treasuries, CD, and CP
-total net assets $2.5 trillion
ETF
-fee-based accounts, annual fee fixed or based on assets
-pegged to sales commissions asset or
-liquidity is a concern, as one fund blow up, the whole industry will take a shock so everyone runs for exists.
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ETF represents a significant portion of total trading volume on stock exchanges - 14% of the total activity
-Bond ETF is also available, such as iShare from Barclays
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