Featured Course
Money Market Funds
Duration: 90 Minutes
Course Overview
At the end of this online session participants will be able to
- Describe the key features of money market funds
- Describe the amortised cost basis of valuation
- Calculate fund yields, WAM & WAL
- Discuss the methodology underlying money market fund ratings
- Outline regulatory and best practice requirements
Course Content
- Money market funds
- Instruments
- Risk profile
- Types
- Valuation
- Amortised cost valuation
- Shadow pricing
- Constant NAV and Variable NAV
- Yield
- Weighted average maturity (WAM)
- Weighted average life (WAL)
- Money market fund ratings
- Regulations & best practice
- ESMA and UCITS
- Rule 2a7
- IMMFA
Who should attend?
Participants who need to understand the unique aspects of money market funds.
Participants must already understand underlying principles of Net Asset Valuation (NAV Calculation) for non-money market funds.
A knowledge of money market instruments or fixed income securities generally would be beneficial but is not essential.
Organisation types: fund administration, investment management, trustee, compliance, audit.
FOR FURTHER DETAILS: email (JavaScript must be enabled to view this email address)
