The effects of the European sovereign debt crisis continue to ripple through the markets. What’s the impact on money market funds? Here to provide understanding is friend of the program, Dave Sylvester, head of Money Market Funds for Wells Capital Management, who spoke with guest host Andy Azinger. Dave manages several Wells Fargo Advantage Money Market Funds.
An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in a money market fund.
This website is accompanied by current prospectuses for Wells Fargo Advantage Funds®.