Money market funds invest in short term debt instruments such as repos, treasury bills and commercial paper.
Such securities may be issued by governments, municipalities and corporations. These funds generally invest in relatively lower-risk securities and pay dividends reflective of short term interest rates.
For Unit Trusts, the value of the units and the income, if any, may fall or rise. Any past performance or projection, prediction or forecast of results is not necessarily indicative of the future or likely performance.
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