Yesterday'​s USA Today says "​Rest easy, your money market fund is probably fine". Columnist Matt Krantz answers a reader'​s question: "​My money market fund can invest up to 20% of its assets in asset-​backed securities. Can it buy these bad subprime loans, too?" There were "​unfounded fears that the credit crunch was starting to hurt money market funds," he says. "Don'​t lose sleep. As long as the funds are doing what they'​re required by law to do, investing in widely diversified baskets of short-​term securities, you shouldn'​t have anything to worry about".

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