Term
Money-market fund
A fund that holds very short-term, very safe debt (like CETES) and lets you withdraw in a day or two. Boring on purpose; built for money you might need soon.
In pesos: Your emergency fund of $30,000 MXN sits here earning close to the reference rate instead of 0% in checking.
Where to go deeper
1/2 6 min Read 3 common mistakes when you start investing Saving and investing do different jobs. Here's the order that works, and the signal that tells you you're ready to start investing.More terms on the same topic
Educational content only: not financial, investment or tax advice. The numbers are examples to understand the idea, not a forecast or a recommendation.