money market mutual fund sponsor support sample 2007 2010

... Money Market Funds, Inc Money Market / SunAmerica Money Market Funds, Inc Money Market Fund / Wells Fargo Funds Trust Money Market Fund / Wells Fargo Funds Trust Money Market I Fund / VALIC Co I Money ... Prime Money Market Fund / HSBC Funds ING Money Market Fund / ING Series Fund, Inc ING Money Market Fund / ING Series Fund, Inc ING Money Market Fund / ING Series Fund, Inc ING Money Market Fund / ... Money Market Fund / HSBC Funds ING Money Market Fund / ING Series Fund, Inc Liquid Reserves Portfolio / Master Portfolio Trust Money Market / SunAmerica Money Market Funds, Inc Money Market Fund...

Ngày tải lên: 19/02/2014, 15:20

... of Money Market Fund Risks and Financial Crises,” Federal Reserve Board Finance and Economics Discussion Series Working Paper 2010- 51, September 2010 http://federalreserve.gov/pubs/feds /2010/ 201051 /20105 1pap.pdf ... Steffanie A Brady, Ken E Anadu, and Nathaniel R Cooper, “The Stability of Prime Money Market Mutual Funds: Sponsor Support from 2007 to 2011”, Federal Reserve Bank of Boston Risk and Policy Analysis Unit, ... Paper Money Market Mutual Fund Liquidity Facility,” Federal Reserve Bank of Boston Risk and Policy Analysis Unit, Working Paper #: QAU10-3, April 2010 http://www.bostonfed.org/bankinfo/qau/wp /2010/ qau1003.pdf;...

Ngày tải lên: 19/02/2014, 15:20

... economic growth into account -7- II OVERVIEW OF MONEY MARKET MUTUAL FUNDS A DESCRIPTION OF MONEY MARKET MUTUAL FUNDS MMFs are a type of mutual fund registered under the Investment Company Act ... EXECUTIVE SUMMARY II OVERVIEW OF MONEY MARKET MUTUAL FUNDS A Description of Money Market Mutual Funds B Rule 2a-7 and the 2010 Reforms .9 III HISTORY OF REFORM ... Sponsor Support Key to Money Market Funds” (Aug 8, 2010) Separately, other researchers documented 123 instances of support for 78 different MMFs between 2007 and 2011 These totals include support...

Ngày tải lên: 07/03/2014, 08:20

... Victoria Funding LLC  Whistlejacket Capital LLC Source: SEC, Company Financials, Federal Reserve Bank of Boston Staff Figure U.S Money Market Mutual Fund Sponsor Support Sample: 2007 - 2010 Number ... Source: SEC, iMoneyNet, Money Market Mutual Fund Financial Statements, Federal Reserve Bank of Boston Staff Figure U.S Prime Money Market Mutual Fund Holdings by CDS Spread of Issuer /Sponsor of ... needing sponsor support in the period from 2007 to 2010 Substantial government support was required after the Reserve Primary Fund experienced losses Moreover, a significant number of money market funds...

Ngày tải lên: 19/02/2014, 14:20

... U.S fund assets 51 Of the $2.8 trillion in money market funds, more than $1.8 trillion was invested in institutional money market funds If regulators ultimately determine that money market funds ... non-U.S Treasury money market funds in September 2008 — that are a source of the systemic risk associated with money market funds Viewed in this light, institutional money market funds and their ... How the Dodd-Frank Act Should Affect Mutual Funds, Including Money Market Funds, Contributed by: David M Geffen & Joseph R Fle Page Therefore, money market funds may face additional regulation...

Ngày tải lên: 07/03/2014, 16:20

... Taxable Money Market Funds? Yes No 8a What percent of your money market fund investments is in each of the following types of MMFs? Prime Funds/Standard Taxable Funds Treasury and Repo Funds Government ... prime funds/ standard taxable funds 203 Respondents MMF Type Incidence of Usage* Prime Funds/Standard Taxable Funds 101 Treasury & Repo Funds 39 Government Funds 60 Tax Exempt Funds 15 Other Funds ... investments from Prime Funds into Government Funds? Prime Funds must earn at least 10 bp over Government Funds The Prime Fund spread over Government Funds is bp up to 10 bp higher The Prime Fund spread...

Ngày tải lên: 16/03/2014, 14:21

... because money market funds can provide it more cost effectively Money market funds generally not have leverage or off-balance sheet exposure • Investment in a mutual fund Money market funds are mutual ... offshore money funds, enhanced cash funds, and ultra-short bond funds, as described below • Money market funds Money market funds offer investors a variety of features, including liquidity, a market- based ... characteristics of money market funds; and the role and growth of money market funds as financial intermediaries in the money market A Structure of the U.S Money Market In the United States, the market for...

Ngày tải lên: 23/03/2014, 11:20

... of the smart money effect.20 B Is the Smart Money Effect Subsumed by Regularities in Mutual Fund Returns? The literature on mutual funds has long searched for predictors of mutual fund performance ... average C Data on Funds’ Money Flows Our money f low data come from the IMA and give monthly mutual fund f lows over the 1992 to 2000 period Thus, unlike other studies of mutual fund investor behavior, ... by fund management companies to the Investment Management Association Fund assets and money f low values are in £1 million Characteristics of the Mutual Fund Sample 90 The Journal of Finance Mutual...

Ngày tải lên: 30/03/2014, 12:20

... Inferring market interest rate expectations from money market rates Sterling money market instruments General collateral sale and repurchase agreements ... positions; and market- makers and other holders of gilts and gilt futures contracts can use the repo market to fund or close out their positions Since the lenders of funds in the GC repo market are ... contract Inferring market interest rate expectations from money market rates Hence synthetic zero-coupon Libor/SSF ‘bond’ prices would be given by: giving the coupon bond a market price at t0...

Ngày tải lên: 15/02/2014, 05:20

... borrow funds in the financial markets and channel these funds primarily to the farming and housing sectors of the economy They raise a substantial part of their funds in the money market Money Market ... Money Market Mutual Funds and Other Short-Term Investment Pools Short-term investment pools are a highly specialized group of money market intermediaries that includes money market mutual funds, local ... unable to obtain market yields on overnight money until the emergence of money market mutual funds in the late 1970s CONCLUSION It is interesting to note how far the federal funds market has come...

Ngày tải lên: 17/02/2014, 03:20

... having entrusted his money to a bank, begins to act strictly, and say he will in all cases let the Money Market take care of itself, the reply is that in one case the Money Market will take care ... the money market till the position of that market was reasonably secure, at a very early moment, and while credit of all kinds was most insecure, for its own interests entered into the Money Market ... value of money is very low If money were all held by the owners of it, or by banks which did not pay an interest for it, the value of money might not fall so fast Money would, in the market phrase,...

Ngày tải lên: 17/02/2014, 19:20

... on portfolio concentration risk in debtoriented mutual fund schemes Mutual Funds/AMCs shall ensure that total exposure of debt schemes of mutual funds in a particular sector (excluding investments ... and Cir/IMD/DF/19 /2010 dated November 26, 2010, in respect of purchase of units of mutual fund schemes (other than liquid schemes), the closing NAV of the day on which the funds are available ... cash transactions in mutual funds to the extent of 20,000/- per investor, per mutual fund, per financial year shall be allowed subject to (i) compliance with Prevention of Money Laundering Act,...

Ngày tải lên: 19/02/2014, 14:20

... Equity Fund Reliance Vision Average Risk UTI UTI Equity Fund UTI Master Value Fund UTI Mid Cap Fund UTI Opportunities Fund UTI Equity Fund Average Risk BIRLA SUN LIFE Birla Sun Life Advantage Fund ... 200 Fund ICICI Prudential Service Industries Fund Reliance Growth Reliance Vision Average value UTI UTI Equity Fund UTI Master Value Fund UTI Mid Cap Fund UTI Opportunities Fund UTI Equity Fund ... prudential and UTI Mutual fund has lower level of risk compare to HDFC and Reliance mutual fund Beta is less than one to all selected mutual fund companies which means the funds are less volatile...

Ngày tải lên: 19/02/2014, 15:20

... Hybrid funds Bond funds Money market funds Other fund type specified Type of mutual fund owned Note: Multiple responses are included Source: Investment Company Institute Annual Mutual Fund Shareholder ... first purchased mutual funds before 1990 Mutual fund owning households often purchase their first mutual fund through employer-sponsored retirement plans In 2011, across all mutual fund owning households, ... Most Mutual Fund Owning Households Bought Their First Fund Before 2000 Most mutual fund owning households have invested in mutual funds for many years: 38 percent bought their first mutual fund...

Ngày tải lên: 19/02/2014, 15:20

... regulations on money- market funds expected shortly, the management and future of these funds is also an issue of growing importance Federal officials think there is risk in the money- market arena ... paper market While only the SEC has the statutory authority to impose regulations on moneymarket mutual funds, the Federal Reserve could assume certain oversight responsibilities in the case of funds ... PwC Mutual Fund Directors Roundtable 2012 | Highlights Page Thoughts from the Boardroom Beyond Dodd-Frank, advisers may see new regulations in such areas as moneymarket funds, target-date funds,...

Ngày tải lên: 19/02/2014, 15:20

... he should a Sell growth funds and buy money market funds b Buy growth funds c Buy aggressive growth funds and buy bond funds d Sell money market funds and buy growth funds The concept that a ... in money market funds If the market is expected to move upward, more market appreciation is normally obtained from common stock funds than money market funds, balanced funds, or income funds However, ... creditor or bondholder of a corporation MONEY AND CAPITAL MARKETS There are two general markets for funds—the money market and the capital market The money market refers to transactions in short-term...

Ngày tải lên: 22/02/2014, 06:20

... unsecured overnight money market Marius Jurgilas(1) and Filip Žikeš(2) Abstract This paper estimates the intraday value of money implicit in the UK unsecured overnight money market Using transactions ... collateral While the overnight market is the most liquid interbank market, there is no explicit private intraday money market in which counterparties contract to deliver funds at a specific time of ... collateral While the overnight market is the most liquid interbank market, there is no explicit private intraday money market in which counterparties contract on the delivery of funds at a specific time...

Ngày tải lên: 06/03/2014, 14:20

Ngày tải lên: 14/03/2014, 20:20

... our size indicator – money market trading volume – has the expected sign and is significant Based on the estimates in column (a), each time the bank’s turnover on the money market doubles, the ... Federal Funds Market , Journal of Banking and Finance, 10, 219–230 Allen, L., S Peristiani and A Saunders (1989), “Bank Size, Collateral, and Net Purchase Behavior in the Federal Funds Market: ... on the Italian real time gross settlement (RTGS) system, and of money market activity, based on the Italian electronic interbank market (e-MID) A second part of the dataset includes monthly and...

Ngày tải lên: 15/03/2014, 01:20

... Fund and 40% of assets in the Bond Fund The Fund never invests more than 75% of its net assets in either Underlying Fund Although the Fund is not an asset allocation or market timing mutual fund, ... illustration of the Fund s investments Fund Composition* Cash and Other Assets, Net of Liabilities, 0.73% State Farm Mutual Fund Trust Bond Fund, 40.17% State Farm Mutual Fund Trust Equity Fund, 59.10% ... International Index Fund State Farm Equity and Bond Fund State Farm Bond Fund State Farm Tax Advantaged Bond Fund State Farm Money Market Fund ...

Ngày tải lên: 16/03/2014, 08:20