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Rating:Money Market Fund Assets Hit $3.001 Trillion

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Friday, November 09, 2007

Money Market Fund Assets Hit $3.001 Trillion

by: Armie Margaret Lee

In the week ended Thursday, assets in money market funds grew by $54.69 billion to $3.001 trillion, Reuters reported, citing figures from the ICI. Retail money market funds assets now total $1.097 trillion; institutional money market fund assets, $1.904 trillion.  

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