Should You Park Cash in a Money Market Fund?

Money market funds offer limited returns, but investors flocked to them in 2019

Annalisa Esposito 31 December, 2019 | 10:57AM

Pound coin

On the face of it, there is little reason to invest in a money market fund. After all, why would you pay a fund manager to put your money in a savings account when you could easily do that for yourself?

But UK investors have still poured billions of pounds into these funds in 2019.

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About Author

Annalisa Esposito  is a data journalist for Morningstar.co.uk

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