Money Market Funds Make No Sense

EDITOR'S VIEWS: Are things so bad that you need to put your cash in a Money Market fund? And why investing doesn't always have to be for retirement

Holly Black 19 July, 2019 | 10:19AM
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Geeky confession alert: I love reading our monthly flows data. For all the movements of stock markets and speculation of fund managers and commentators, you can’t beat looking at the numbers in black and white and seeing where exactly investors are (and aren’t) putting their money to get an insight into sentiment.

Money Market Madness

Of course, even this is down to interpretation. As a whole, funds have suffered net outflows every month so far this year. It would easy to assume this is purely driven by negative sentiment – that worries about Brexit, trade wars and bond yield inversions are causing investors to run for the hills. That’s probably a major part of it. But let’s not forget that we have spent the past decade enjoying a record-long bull run – maybe people are just sensibly taking some profits too. I know I’ve certainly done that this year, particularly in a couple of my investments that have performed particularly well.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Premier Miton UK Money Market A acc128.25 GBP0.01

About Author

Holly Black  is Senior Editor,