Rule 2a-7 money market fund definition

Rule 2a-7 money market fund means investments in an open-end management investment company registered with the federal securities and exchange commission under the federal Investment Company Act of 1940, 15 U.S.C. §80a-1 et seq., and operated in accordance with 17 C.F.R. §270.2a-7.
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Examples of Rule 2a-7 money market fund in a sentence

  • The LGIP is comparable to a Rule 2a-7 money market fund recognized by the Securities and Exchange Commission (17 CFR 270.2a-7).

  • The LGIP is comparable to a Rule 2a-7 money market fund recognized by the Securities and Exchange Commission (17CFR.270.2a-7).

  • The LGIP is comparable to a Rule 2a-7 money market fund, as currently recognized by the Securities and Exchange Commission (17CFR.270.2a-7).

  • The LGIP is comparable to an SEC regulated Rule 2a-7 money market fund.

  • Mr. Kampfe explained that the Liquidity Policy requires staff to obtain UTIMCO Board approval to utilize any SEC Rule 2a-7 money market fund rated AAAm by Standard & Poor’s or the equivalent by a Nationally Recognized Statistical Rating Organization (NRSRO) for cash holdings.

  • The LGIP is comparable to a Rule 2a-7 money market fund recognized by the Securities and Exchange Commission.

  • The notes to the financial statements provide narrative explanations of accounting policies and additional data needed for full disclosure as required by accounting principles generally accepted in the United States of America.PerformanceTexPool operates like a Rule 2a-7 money market fund consistent with the Securities and Exchange Commission rules.

  • Local Government Investment Pool (LGIP) Portfolio – The LGIP operates comparable to a Rule 2a-7 money market fund.

  • Limits of Individual Issuers- A maximum of thirty percent (30%) of available monies may be invested with any one SEC Rule 2a-7 money market fund.

  • The notes to the financial statements provide narrative explanations of accounting policies and additional data needed for full disclosure as required by accounting principles generally accepted in the United States of America.PerformanceTexPool Prime operates like a Rule 2a-7 money market fund consistent with the Securities and Exchange Commission rules.

Related to Rule 2a-7 money market fund

  • Money Market Fund means a mutual fund that invests its assets in accordance with section 2.18;

  • Short-Term Money Market Instruments means the following types of instruments if, on the date of purchase or other acquisition thereof by the Corporation, the remaining term to maturity thereof is not in excess of 180 days:

  • Money market mutual fund means an open-end managed investment fund:

  • Money Market Instruments means instruments normally dealt in on the money

  • Money Market means one or more wholesale funding markets available to the Bank, including domestic negotiable certificates of deposit, eurodollar deposits, bank deposit notes or other appropriate money market instruments selected by the Bank.

  • money market instrument means with respect of an Index Calculation Date the Euro Interbank Offered Rate (the "Reference Interest Rate"), as published on Bloomberg page EUR003M Index (or any replacement Bloomberg page which displays that rate) (the "Screen Page") around 11:00 a.m. (London time) on that day.

  • AAAm or "AAAM-G" by S&P) and restricted to obligations issued or guaranteed by the United States of America or entities whose obligations are backed by the full faith and credit of the United States of America and repurchase agreements collateralized by such obligations; and

  • Money Market Margin has the meaning set forth in Section 2.03(d).

  • Money Market Security shall be deemed to include, without limitation, certain Reverse Repurchase Agreements, debt obligations issued or guaranteed as to interest and principal by the government of the United States or agencies or instrumentalities thereof, any tax, bond or revenue anticipation note issued by any state or municipal government or public authority, commercial paper, certificates of deposit and bankers' acceptances, repurchase agreements with respect to the same and bank time deposits, where the purchase and sale of such securities normally requires settlement in federal funds on the same day as such purchase or sale.

  • Rule 17f-5 means Rule 17f-5 promulgated under the 1940 Act.

  • Eligible Investment means any investment that at the time of its acquisition is one or more of the following:

  • Short-Term Investments means short-term investments as defined by GAAP.

  • Treasury Capital Stock has the meaning assigned to such term in Section 6.04(a)(viii).

  • Rule 3a-5 means Rule 3a-5 under the Investment Company Act.

  • Nonpurpose Investment means any investment property, as defined in section 148(b) of the Code, in which Gross Proceeds of the Bonds are invested and which is not acquired to carry out the governmental purposes of the Bonds.

  • Money Market Yield means a yield (expressed as a percentage) calculated in accordance with the following formula: Money Market Yield = D x 360 x 100 360 – (D x M) where “D” refers to the applicable per annum rate for commercial paper quoted on a bank discount basis and expressed as a decimal, and “M” refers to the actual number of days in the applicable Interest Reset Period.

  • Eligible Investments Any one or more of the obligations and securities listed below which investment provides for a date of maturity not later than the Determination Date in each month:

  • Qualified United States financial institution means an institution that:

  • Nationally Recognized Statistical Rating Organization means a nationally recognized statistical rating organization within the meaning of Rule 436 under the Securities Act.

  • Treasury means the United States Department of the Treasury.

  • Rule 15c2-12 means Rule 15c2-12 under the Securities Exchange Act of 1934, as amended through the date of this Undertaking, including any official interpretations thereof.

  • Regulated investment company has the meaning set forth in Section 851 of the Code.