IMMFA Insights

The IMMFA Insights aim to give an introduction to a range of money market fund topics.

IMMFA Insights - Comparing CNAV and VNAV funds

When looking at money market funds, investors often hear the terms 'CNAV' and 'VNAV'. What do these terms stand for and what difference does it make for the investor?

Download - IMMFA Insights - Comparing CNAV and VNAV funds

IMMFA Insights - Defining an IMMFA Money Market Fund

All money market funds should provide security of capital and liquidity, but there is not yet a common global definition for these funds. All IMMFA funds are 'short-term money market funds' as defined by the ESMA Guidelines.

Download - IMMFA Insights - Defining an IMMFA Money Market Fund

IMMFA Insights - Understanding Money Market Fund Governance

Several levels of oversight and governance are applied to money market funds. Here we review the key structures in place, to help you understand how IMMFA money market funds are monitored and controlled.

Download - IMMFA Insights - Understanding Money Market Fund Governance

IMMFA Insights - Managing and Mitigating Credit Risk

The focus on credit risk has increased in recent years. What is credit risk? Why is it important to an investor and how does a money market fund manage its exposure?

Download - IMMFA Insights - Managing and Mitigating Credit Risk