Real Estate Opportunity Funds: Past Fund Performance as an Indicator of Subsequent Fund Performance
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Now that we’ve reviewed the building blocks for money market funds, it’s
time to apply what you’ve learned. Imagine you’ve been given the task of
managing a large multibillion-dollar money market fund. What would you
do? Let’s give it a try.We’ll assume that the fund is a taxable general purpose
money market mutual fund.
Your responsibility to investors means that you will to do everything
you can to maintain the stable $1.00 NAV and to assure liquidity any time a
shareholder wants to withdraw cash—while providing a competitive yield.
You have to keep your eye on all of these objectives at the same time....
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Real Estate Opportunity Funds: Past Fund Performance as an Indicator of Subsequent Fund Performance
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Real Estate Opportunity Funds: Past Fund Performance as an Indicator of Subsequent Fund Performance
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