Action shelters shelters investors from uncertainty in the ABCP market, fund company says
Money market funds account for $1.14 billion of exposure
Sole liquidity provider facing Foundation has not joined the ABCP liquidity consortium, DBRS says
Firm can’t predict how long the credit crunch will continue
Dynamic funds not exposed in any way to ABCP, Dundee says
SRI-firm to buy all of the ABCP held within its mutual funds at 100% of the purchase price plus accrued interest
No exposure to third-party ABCP within HSBC mutual or pooled funds
Firm will buy all non-bank-sponsored asset-backed commercial paper held in the Industrial Alliance Group’s money market funds
Central bank hails commercial paper market support
Assets continue to be strong from a credit perspective