Overview
Description
The iShares Premium Money Market Fund is a money market mutual fund designed to provide investors with a high level of safety of principal and liquidity while striving for a competitive yield. This fund chiefly invests in high-quality, short-term government securities, bank obligations, and high-grade commercial paper, making it a popular option for risk-averse investors seeking a safe haven for capital preservation. It's an instrument used by both individual and institutional investors who require quick access to their funds without significant risk of loss. The fund plays a crucial role in the financial markets by maintaining liquidity across various sectors, including finance and commerce, facilitating efficient cash management solutions. Managed by iShares, a leading provider of exchange-traded funds, this fund is widely regarded for its robust risk management and consistent performance, allowing it to maintain investor trust even in fluctuating economic climates. It underscores the importance of money market funds in providing stability and liquidity to investors worldwide.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Canada
MIC code
NEOE