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What is a stable net asset value (NAV) for a money market fund?

ASSET fund Money Market NAV NET STABLE value
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What is a stable net asset value (NAV) for a money market fund?

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U.S. money market funds, unlike other mutual funds, seek to maintain a stable $1.00 per share net asset value (NAV). The NAV is the price at which investors purchase or redeem shares.

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