Understanding Money Markets And Safe Haven ETFs
Posted on September 19, 2008 at 11:00 AM EDT
After the credit crisis began to spread earlier last year and kicked financial exchange traded funds (ETFs) left and right, investors increasingly began to look toward traditionally “safe” investments - including money markets. But this week, the Reserve Primary Fund “broke the buck” after its shares fell to 97 cents because of exposure to Lehman Brothers [...]