U.​S. News & World Report writes "How Investors Can Win as Interest Rates Rise." The article tells us, "Savers can enjoy rising interest rates with money market mutual funds. An easy way to profit from rising rates, is investing your emergency cash in a money market mutual fund at Charles Schwab Corp., Fidelity or other brokerage houses, experts say. But don'​t confuse a money market mutual fund with your bank'​s money market savings account. The former is sold through an investment broker and typically carries a higher rate compared with the savings product from your bank. David Mullins, owner of David Mullins Wealth Management in Richlands, Virginia reminds investors to become "​rate shoppers" and compare interest rates earned on checking accounts, savings, and money market accounts as well as certificates of deposit." The piece adds, "Some wealth advisors recommend investors to keep bond maturities for the short to intermediate term until interest rates plateau. For investors with bond funds, as they reinvest their dividends, new money will be reinvested in bonds with higher yields. That will keep returns growing and offset the discomfort of small declines in the principal value of your fund." It quotes Federated Investors' Randall Bauer (​who is "​profiled" in our latest Bond Fund Intelligence -- see today'​s News), "Ultrashorts are built for investors who want to reduce their interest-​rate exposure while gaining better yields than similar maturity government securities."

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