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Opinion

South African MMFs

Doug Thomson, Head of Business Development, RECM
Dec. 11, 2014, midnight
554

Word count: 527

The fallout in South African money market funds from the collapse of African Bank is a timely reminder that these investments are not completely risk free.  Small capital losses have sparked big runs on money market funds in other markets. Investors should be sure to put as much emphasis on return of capital as they do on return on capital, regardless of asset class.

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