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JACKSON FINANCIAL ADVISORS

Members of D.A. Davidson & Co.

Assets of Retail Money Market Funds Increased to $1.32 trillion

"Over the past 52 weeks, ICI'?s money fund asset series has increased by $?582 billion, or 20.?1%, with Retail Money Market Funds rising by $?247 billion (?22.?9%) and Institutional Money Market Funds rising by $?335 billion (?18.?5%).

 

...They explain, "Assets of retail money market funds increased by $?5.?88 billion to $?1.?32 trillion."

 

...The release adds, "Assets of institutional money market funds increased by $?887 million to $?2.?15 trillion."

 

...Crane Data'?s monthly Money Fund Intelligence, which is a separate and broader series than ICI'?s, shows that money fund assets overall rose by $?76.?3 billion in September to $?3.?786 trillion"

 

(MMF Asset Streak Continues; MFID Breaks $3.8 Trillion; Wells on Repo dated Oct 11, 2019 via Crane Data LLC)

 

Full article can be found here: https://cranedata.com/archives/all-articles/7914