BANKING & FINANCE : Money Fund Assets Rose
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From Times Staff and Wire Reports
Assets of the nation’s 651 retail money market mutual funds rose by $270.4 million to $398.13 billion in the week ended Nov. 23, said the Investment Company Institute, an industry trade group. ICI said assets of the 408 taxable money market funds in the retail category grew by $309 million to $311.74 billion, but assets of the 243 tax-exempt funds decreased by $38.6 million to $86.40 billion.
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