NOGA 643101—Activities of money market investments funds

Where 643101 sits

1. L Financial and Insurance Activities
2. 64 Financial service activities, except insurance and pension funding
3. 643 Activities of trusts, funds and similar financial entities
4. 6431 Activities of money market and non-money market investments funds
5. 643101 Activities of money market investments funds

What 643101 includes

• Activities of money market funds (MMFs). MMFs are collective investment schemes that raise funds by issuing shares or units to the public, the proceeds of which are invested primarily in the following instruments: money market instruments, MMF shares or units, transferable debt instruments with a residual maturity of not more than one year, bank deposits, and instruments that pursue a rate of return that approaches the interest rates of money market instruments.
• Activities of investment foundations if they invest in money market instruments, MMF shares or units, transferable debt instruments with a residual maturity of not more than one year, bank deposits, and instruments that pursue a

643101 in other systems