Originally Posted by acf573
There has been one money market fund that has dropped below par ("breaking the buck"). I don't remember the name, but it dropped to $0.96/share or something like that. But in the end, the fund company liquidated the fund at par.
I see. Here´s another question. In the situation mentioned above, the fund company liquidated the fund at par and the customers got their full account balance the day the fund was liquidated back, right?