Now that we’ve reviewed the building blocks for money market funds, it’s time to apply what you’ve learned. Imagine you’ve been given the task of managing a large multibillion-dollar money market fund. What would you do? Let’s give it a ’ll assume that the fund is a taxable general purpose money market mutual fund. Your responsibility to investors means that you will to do everything you can to maintain the stable $ NAV and to assure liquidity any time a shareholder wants to withdraw cash—while providing a competitive yield. You have to keep your eye on all of these objectives at the same time
