Bruce Bent II – Helping Investors Safeguard their Investments through Money Market Fund

Most of the investors aim at diversifying their investment portfolio, mixed with high-return high-risk financial instruments and investment stabilizers that don’t yield significant returns but ensures easy liquidity with great returns. Money market fund is a kind of mutual fund that allows the investors to diversify their investment portfolio and create wealth in the long-run without worries about market fluctuation.

Money market fund is traditionally designed to not suffer from any significant impact during slow or sluggish market. It has the net asset value of $1 per share, but the Securities and Exchange Commission have enforced new laws about money market fund that may allow the NAV of money market fund to be fluctuating.

The money market fund was first invented by Bruce Bent II’s father. Bruce Bent II is the President and Chairman of Double Rock Corporation and is also the President of the Reserve Management Company. Bruce Bent II has also served in the various positions at the Hallmark Investment Series Trust and its subsidiary firms.

The prestigious Smithsonian Institution named American Museum of Financial History has also recognized the money market fund due to its impact in the financial market. Money market fund is regulated in America by Securities and Exchange Commission. The money market funds are mostly short-term in nature and hold securities, commercial paper, and certificates of deposit, which help the fund get easy access to liquidity. People are always on the lookout for the investment options that can be liquidated quickly.

 Bruce Bent II went to Northeastern University and graduated with Bachelor of Science, majoring in Philosophy. Bruce Bent II is known highly for his expertise in the fields of cash flow management and cash related transactions. One of the industries where Bruce Bent II has played a vital role over the years is the retirement services industry, and his firm has come out with some high performance oriented long-term retirement plans.

May 18, 2017

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