Giulia
Wed Sep 18 2024
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5 answers
1389
What is the 7 day yield on a money market fund?
Excuse me, could you please clarify for me what the 7-day yield on a money market fund represents? I understand it's a metric that reflects the fund's performance over a week, but I'm interested in knowing how it's calculated specifically and what it indicates about the potential returns or risks associated with investing in such a fund. Additionally, I'd like to understand if this yield varies depending on market conditions or the specific fund's investment strategy.
