2 ms·
Money market funds sometimes are priced above or below $1 due to market conditions. It’s rare but does happen.
by le-mark 4y ago
Money market funds sometimes are priced above or below $1 due to market conditions. It’s rare but does happen.
- ptero 4y agoIf a large money market fund is priced 2.5% away from peg I suspect it is either a huge arbitrage opportunity that will get arbitraged in minutes if not seconds, or a strong signal that this fund is toast. Not an expert, would be happy to be refuted.