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How to stop your fund manager from feeding on your money

When interest rates rise, the benefits go to those who manage cash, not the investors who hold it.

In the first quarter, the yield on three-month Treasury bills increased by 0.46 percentage points. The return on retail money market funds rose a meager 0.03 points – while their spending shot up 0.22 points.

https://www.wsj.com/articles/how-to-stop-your-fund-manager-from-feeding-on-your-cash-11650641286?mod=rss_markets_main How to stop your fund manager from feeding on your money

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