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An advantage in stockpiled money is nice; but the funds guarantee nothing.
I think funds of funds guarantee mediocrity over time, most of them.
However, the government, which has delayed recent attempts to raise money from the markets, is now seeking an IMF/EU funds guarantee.
Traditional all-market-cap-weighted index funds guarantee that you will receive your fair share of stock market returns, and virtually assure that you will outperform, over the long term, 90% or more of the other investors in the marketplace.
The downside is that active funds guarantee that you will pay a premium in fees and often a large tax bill even if your manager proves to be a dud.
Covers policies and program models, including revolving loan funds, guarantee programs, venture capital funds, bank holding companies, community development loan funds and credit unions, micro enterprise funds, and the Community Reinvestment Act.
Similar(53)
As panic rose among the public, the federal government, fearing a major run on other money market funds, guaranteed all such funds for one year, starting 19 September 2008.
Maria Calivis, Unicef regional director for the Middle East and north Africa, said that although many countries had responded generously to the crisis with emergency funds, guaranteed money was vital.
The government will scrap the funding guarantees under Labor's 2011 national health reform deal.
Another diplomat said that without the total fund guaranteed, markets would question the credibility of the package.
Yet for all its troubles, the BBC, with its funding guaranteed until 2013, looks more powerful in a recession.
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