Chairman's Statement

IMMFA's mission is to promote and support development of the European triple-A rated money market funds industry.  To this end, we seek to ensure that investors are provided with a high quality product, timely data on members' funds and sufficient education on the money market fund industry.


One of the strengths of the Association is its Code of Practice, which is a benchmark of best practice for European triple-A rated money market funds.  Up until now, many investors have simply relied on a fund's triple-A rating as a benchmark when making an investment decision.  Given the changes to ratings criteria, it is becoming increasingly difficult for investors to ‘read across' triple-A ratings.  Therefore, the IMMFA Code of Practice is intended to act as an alternative benchmark.


Despite a historically low interest rate environment, assets invested in IMMFA funds have nearly returned to pre-crisis levels.  We appreciate this investor confidence and are continually working towards improving IMMFA funds. 


More information on IMMFA, our funds and the money market industry can be found on this website.  If you have any suggestions about the site or want to find out more about IMMFA and its work, please contact us.



Travis Barker
IMMFA Chairman