Money fund assets rise to $2.736T in latest week

NEW YORK (AP) — Total money market mutual fund assets rose $3.94 billion to $2.736 trillion for the week, the Investment Company Institute said Thursday.

Assets of the nation's retail money market mutual funds fell $8.84 billion in the latest week to $925.84 billion.

Assets of taxable money market funds in the retail category fell $6.57 billion to $723.95 billion for the week ended Wednesday, the Washington-based mutual fund trade group said. Tax-exempt fund assets fell by $2.27 billion to $201.89 billion.

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