Money Market Fund (or Money Market Mutual Fund)

A money market fund is a type of mutual fund that holds financial interests in certain low-risk investments (e.g., government securities, certificates of deposit, and high quality bank or corporate obligations). Its rate of return is responsive to fluctuations in the market for these investments.

A money market fund is distinguished from a money market account in that a money market fund is an investment fund that holds underlying investments, whereas a money market account is a cash deposit account. A money market fund is not FDIC insured.

The reporting threshold for both a money market fund and a money market account is a value of more than $5,000 (or income more than $200).


This guide is not intended to provide investment advice, and you should not rely on statements in this guide when making investment decisions.

Note: To return to the previous page, close this browser window.