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Rating:Money-Market Funds Add $1.63 B in Latest Week

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Thursday, April 24, 2008

Money-Market Funds Add $1.63 B in Latest Week

by: Armie Margaret Lee

Assets in money-market funds increased $1.63 billion in the week ended Tuesday, The Wall Street Journal reported, citing numbers from iMoneyNet Inc.'s Money Fund Report. Total net assets came to $3.45 trillion.

Retail investors poured in $3.77 billion while institutional investors yanked $2.14 billion.  

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