Money market funds are mutual funds that are open-ended and invest in short-term securities. They usually invest in commercial paper, treasury bonds, and repurchase agreements. They are considered to be better than bank accounts because they are low-risk and have relatively higher returns. These funds are required to be stable so that they are able to pay dividends to the investors.
The first money market fund was started in 1971.
Money market funds were responsible for the adoption of mutual funds by the general public. There are several types of money funds. They are characterized according to securities that they invest. Treasury money funds invest more than 99% of its assets in repurchase agreements and government securities. Prime money funds invest in commercial paper and variable debt of the government. Retail money funds are offered to individuals, but they have high servicing fees. They are not insured, but they have higher return yields.
Bruce Bent II is the president and vice chair of Double Rock Corporation. He has been involved in the success of the firm. Double Rock offers technology solutions for cash management to banks, retail markets, and brokers. He has an indepth understanding of money market funds.
Bent serves as a senior executive at each of the subsidiary companies of Double Rock including Island Intellectual Property, Landing Rock Group, and Access Control Advantage. Bent II has various patents to his name for his role in the development of innovative cash management solutions. He was instrumental in the transformation of the cash management industry into a trillion dollar market.
Bent II studied at Northeastern University and graduated with a Bachelor of Science degree in Philosophy. He was appointed the assistant treasurer of Hallmark First Mutual Fund and the director of Reserve in 2000. He assumed the role of Senior Vice President and co-chief executive officer of Hallmark Investment Series Trust five years later.
For more information follow Bruce Bent II on Twitter.
USHEALTH Group Inc is based in Fort Worth, Texas and it aims at becoming Americas trusted entity for Healthcare with the help of its subsidiaries of National Foundation Insurance Company and Freedom Life Insurance Company of America. The Company with the assistance of its affiliate companies is dedicated to ensuring all their clients are provided innovative life, Accident and Disability Insurance solutions from a self-employed individual, employees to small business owners. USHEALTH group has been able to offer services to more than ten million customers and tailored plans for more than fifty years with the assistance of its insurance companies
In matters concerning accident and detailed sickness coverage, the USHEALTH family understands that people are different and due to this, there needs are different. The firm believes people should be given options to choose from and their clients value the array of options presented by the group. Through this, the customers are given an opportunity to choose the protection cover they feel fits them better and is appropriate for them. The group is responsible for developing a broad portfolio of coverage that allows the client a chance to pick one. The unique products offered by USHEALTH Group allow the group and its affiliate companies qualified to address their customers’ needs for affordability, reliability, and flexibility in their insurance choice.
For those clients who are on a limited budget or concerned about having to satisfy a high annual deductible from the insurance plan before receiving any benefits, they rely on the portfolios offered by USHEALTH Group. These portfolios consist of innovative products that provide substantial network discount and first dollar benefits for covered services. In most cases, some plans are affordable compared to comprehensive plan. Regardless of what health coverage the client chooses, the group is always there to help the client by enhancing their protection with full line ancillary products such as term Life Insurance, Short term Accident Disability Income, Vision Plans among other products.
The USHEALTH Advisory team
USHEALTH Advisory is one of the subsidiaries of USHEALTH group. The clients’ need some assurance when it comes to seeking a health coverage considering today’s complexity in the health insurance industry. With the help of a USHEALTH Advisor agent who is licensed and trusted, the clients are assisted in any advice he/she might need. The agent has undergone training and certification thus equipped to offer a consultation where needed. The commitment of these agents to personal attention has made USHEALTH Advisors recognized when it comes to customer care, innovation, and business growth.
As days go by, more and more people are turning to USHEALTH Advisors and USHEALTH Group to get their insurance coverage needs met. Through this, the group together with its affiliate companies continue to do what they do best, offering health insurance covers.
Running a business is a really big deal. There are a lot of aspects that people need to handle when it comes to running a business. While it is often a desired thing, it is something that very few people are able to manage because there is so much that goes into it. In order for one to be able to run a successful business, he has to be able to manage himself. One thing that could be said is that it is very difficult to run a business when other aspects of life are in chaos. Fortunately, there are people that speak on the topic of business success and life management. Josh Verne is someone that is worth listening to.
Josh is someone who has learned a lot in his career. He has also experienced a lot and has learned some very important lessons throughout his career. He is also someone that can be trusted and respected because he has learned from a lot of mistakes that he has made.
There is much more to running a successful business than just serving customers. Business owners also have to mind their relationships with their employees. Josh Verne advises business owners to take the time to build their relationships with their employees and show an example through leadership. Josh has learned that the best results for his business comes when he actually leads the employees and show an example of the type of work that needs to be done. One thing that he understands about people is that they are more willing to follow humans and examples than just orders.
One other good thing to do is award the employees. A lot of employees don’t know if they are doing a good job or not. They are also afraid of losing their jobs because they are not sure whether or not they are doing well by the employer. When an employer takes the time to list the strengths, then they will be more encouraged to work for him.
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