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- Reserve_Primary_Fund abstract "The Reserve Primary Fund was a large money market mutual fund.On September 16, 2008, during the Global financial crisis of September–October, 2008, it lowered its share price below $1 ("breaking the buck") because of exposure to Lehman Brothers debt securities. This resulted in demands from investors to return their funds as the financial crisis mounted. Normally, the net asset value of money market funds is kept at $1. The Reserve had multiple other funds frozen because of this failure. It has liquidated a few funds, and post periodic updates about plans to liquidate other funds on their website.As of October 27, 2009, more than $3.5 billion sat in the Primary fund, most in a special reserve held aside to be used for costs and expenses, including legal fees.In November 2009, a U.S. district judge ordered the fund to make pro-rata distribution of almost all remaining assets to shareholders. As of July 2011, the fund had paid out 99.04% of its assets.".
- Reserve_Primary_Fund wikiPageExternalLink fundupdate.html.
- Reserve_Primary_Fund wikiPageExternalLink FundUpdateTaxReporting-2011-2.pdf.
- Reserve_Primary_Fund wikiPageExternalLink www.reservefund.com.
- Reserve_Primary_Fund wikiPageExternalLink www.ther.com.
- Reserve_Primary_Fund wikiPageID "19691490".
- Reserve_Primary_Fund wikiPageRevisionID "556461508".
- Reserve_Primary_Fund hasPhotoCollection Reserve_Primary_Fund.
- Reserve_Primary_Fund subject Category:Great_Recession.
- Reserve_Primary_Fund subject Category:Mutual_funds_of_the_United_States.
- Reserve_Primary_Fund type Abstraction100002137.
- Reserve_Primary_Fund type Fund113358549.
- Reserve_Primary_Fund type Measure100033615.
- Reserve_Primary_Fund type MediumOfExchange113372961.
- Reserve_Primary_Fund type Money113384557.
- Reserve_Primary_Fund type MutualFund113358895.
- Reserve_Primary_Fund type MutualFundsOfTheUnitedStates.
- Reserve_Primary_Fund type Standard107260623.
- Reserve_Primary_Fund type SystemOfMeasurement113577171.
- Reserve_Primary_Fund comment "The Reserve Primary Fund was a large money market mutual fund.On September 16, 2008, during the Global financial crisis of September–October, 2008, it lowered its share price below $1 ("breaking the buck") because of exposure to Lehman Brothers debt securities. This resulted in demands from investors to return their funds as the financial crisis mounted. Normally, the net asset value of money market funds is kept at $1. The Reserve had multiple other funds frozen because of this failure.".
- Reserve_Primary_Fund label "Reserve Primary Fund".
- Reserve_Primary_Fund sameAs m.04m_jkt.
- Reserve_Primary_Fund sameAs Q7315258.
- Reserve_Primary_Fund sameAs Q7315258.
- Reserve_Primary_Fund sameAs Reserve_Primary_Fund.
- Reserve_Primary_Fund wasDerivedFrom Reserve_Primary_Fund?oldid=556461508.
- Reserve_Primary_Fund isPrimaryTopicOf Reserve_Primary_Fund.