Franklin OnChain U.S. Government Money Fund
Website: www.franklintempleton.com
Asset classes
Issuer Franklin Advisers
Regulation Government Money Market Fund - Rule 2a-7 under the 1940 Act
Location Franklin Pkwy, San Mateo, CA 94403, USA
Metrics
Price $ 1.0
Assets Under Management $ 477,773,719
As of Sept. 5, 2024
Description
Franklin OnChain U.S. Government Money Fund is a Money Market Fund investing in U.S. Government securities or cash. It is distributed on Franklin's benji platform.
At least 80% is invested in Government securities and repurchase agreements, collateralized fully by Government securities.
Government securities include those issued by government agencies or instrumentalities, such as the Federal National Mortgage Association (Fannie Mae), Federal Home Loan Mortgage Corporation (Freddie Mac), Federal Home Loan Banks and Federal Farm Credit Banks, whose securities are neither issued nor guaranteed by the U.S. Government.
The Fund intends to be a “Government money market fund”, as such term is defined in or interpreted under Rule 2a-7 under the 1940 Act. The Fund uses the amortized cost method of valuation to seek to maintain a stable $1.00 share price with daily interests accruing in forms of reinvestment in the fund.
Polygon
Stellar
Smart Contracts
BENJI Token
Vaqpcjtcctcglvwarqrfuzeyvs
759348329105370302898013682312572706193270
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