Money Fund Assets Held Steady in Week

Assets of the country's money market mutual funds stood still in the week ended last Wednesday, at $1.05 trillion, according to the Investment Company Institute.

The Washington-based trade group also reported that assets in 677 retail money market funds grew 0.5%, to $691.6 billion.

And it said that assets in 399 institutional money market funds decreased 0.7%, to $359.9 billion.

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