Stable NAV

• Former FDIC Head Bair Criticizes Proposed Money Fund Compromise (SEC)

  November 2, 2012

  Industry’s suggestions, like fee for withdrawing in times of stress, could exacerbate crisis, Bair says.

• JPMorgan Prepares for Negative Euro Money Fund Yields

  By Christopher Condon, Bloomberg  |  October 22, 2012

  New share classes allow funds to maintain stable value by taking shares from investors.