How Ned Johnson of Fidelity Created a Nation of Investors - The New York Times

Retrieved on: 2022-04-03 02:18:59

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How Ned Johnson of Fidelity Created a Nation of Investors - The New York Times. View article details on HISWAI: https://www.nytimes.com/2022/04/02/business/dealbook/ned-johnson-fidelity.html

Excerpt

This vehicle was called a money market fund; by investing in ultrasafe bonds, it could generate returns that matched real-world interest rates.

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