Money market funds: 3 things you should know about using them in your portfolio

Money market funds are mutual funds that invest in short-term debt instruments with high credit quality, including US Treasury bills and short-term unsecured corporate-backed notes (aka commercial paper). Money market funds aim to sustain a net asset value of $1.00 per share while offering higher yields than bank savings accounts. What are the advantages and risks of using a money market fund? Money market funds are popular with both individual savers and corporations, who often use them a...