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| | Fed hikes have a silver lining for savers - Orlando Sentinel : Personal Finance |
 | | Money market funds, which invest primarily in short-term, high-quality money market securities such as certificates of deposit and commercial paper, are managed to maintain a price of $1 a share. |
 | | With the Federal Reserve raising its target for the federal funds rate for overnight loans to 5.25 percent from 5 percent on June 29, money market funds will be earning higher yields on new securities in their portfolio as current ones paying lower rates mature. |
 | | In general, a money fund's return will track the fed funds rate minus the fund's expense ratio, which is why the top-yielding funds are consistently those with lower expenses, Crane said. |
| www.orlandosentinel.com /business/yourmoney/sns-yourmoney-0806cruz,0,2782894.story (845 words) |
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