What is a money market mutual fund?
MMMF: money market mutual fund, which is the abbreviation of money market mutual fund. It is a financial organization similar in nature to a cooperative. It obtains customers' funds by selling its own shares, then invests in the money market, and returns the investment income to fund subscribers in a certain way after deducting management fees. It is a form of financial innovation, which provides a way for small investors to enter the money market and obtain investment income.