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About IMMFAIMMFA was established on 14 June 2000. It is the trade association for providers of triple-A rated money market funds. Funds are currently domiciled in Dublin, Luxembourg and the Channel Islands. Total market size in Europe has risen from under a billion dollars in 1995 to approximately US$130 billion at end December 2002 to over US $350 billion at end of December 2006 and to US$ 425 billion at end of June 2007. Current total market size is US$ 622 billion at end of April 2008. (All above figures provided by iMoneyNet, Inc) What IMMFA stands for IMMFA’s main objective is to ensure that members offer a high quality product and service to investors. It aims to achieve this by:
What IMMFA does IMMFA launched its Code of Practice in February 2003. The Code establishes common standards across the membership for the development and promotion of money market funds for the purpose of cash or liquidity management to the institutional market. Click here to access a copy of the Code. The code was supplemented by IMMFA's Industry Guide to Understanding Institutional Money Market Funds in January 2005. Click here to access a copy of the guide. IMMFA is an active lobbyist on behalf of the European triple-A rated money market fund industry.
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