Investors reap mixed fortunes in Money market funds

by | October 17, 2016 12:43 am

Investors in Nigerian money market funds have reaped mixed results within the 8 weeks that ended in September 30, 2016. According to data obtained from the Nigerian Securities and Exchange Commission (SEC), some of the funds recorded positive risk-adjusted returns while others realised negative returns. A money market fund is an open-end mutual fund that…

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