View Single Post
trj911 trj911 is offline
What?
 
trj911's Avatar
 
Join Date: Nov 2002
Location: Carmel, IN
Posts: 1,527
Garage
You are correct a GNMA fund will definalely have NAV fluctuation and is NOT appropriate for short term funds. Most MM funds are applying for participation in the Treasury Dept's Temporary Guarantee Program so why not go for the highest yielding MM fund that is participating? The Fed is going to gurarantee the fund will maintain a 1.00 NAV.
__________________
Tom J.
911SC Cab
SCWDP
CaymanS
Old 10-09-2008, 10:32 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #4 (permalink)