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  5. ZMMK: Hi team, I am a 65 year old dividend investor. [BMO Money Market Fund]

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Q: Hi team, I am a 65 year old dividend investor. I presently hold about 12% of my portfolio in Money Market Fund ZMMK while waiting to see what to buy next. I am wondering how this fund would react during a major market sell off. I know it is fairly safe but the fund has a short history. In your opinion how safe is ZMMK and during a sell off would funds gravitate towards it or would it sell off with the rest of the equity market? Thanks.
Asked by William on June 27, 2024
5i Research Answer:
In a market downturn/sell off, ZMMK should be relatively insulated. Investors may rotate out of...
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