Overview
Description
Meeder Government Money Market Fund is an open-end mutual fund designed to provide current income while emphasizing liquidity and preservation of capital. It primarily invests in high-quality, short-term money market instruments such as U.S. government securities and cash equivalents. The fund aims to maintain a stable net asset value, typically around one dollar per share, and offers daily liquidity, making it a low-risk cash management solution suitable for individuals, institutions, and organizations seeking safety and accessibility for short-term funds. By focusing on government-backed securities, the fund minimizes credit risk and complies with regulatory standards for money market funds. It plays an important role in financial markets by serving short-term cash needs and acting as a temporary holding during market uncertainties.
About
Address
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Website
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Instrument type
Mutual fund
Country
United States
MIC code
XNAS