Go to the web site of the Federal Reserve Bank of St. Louis (FRED) (fred.stlouisfed.org) and download

Question:

Go to the web site of the Federal Reserve Bank of St. Louis (FRED) (fred.stlouisfed.org) and download and graph the data series for Retail Money Funds (WRMFSL) and for Institutional Money Funds (WIMFNS) from the earliest week available until the most recent week available.
a. Explain the difference between retail and institutional money market mutual funds.
b. How have the trends in retail and institutional money market mutual funds differed?

Mutual Funds
Mutual funds are like a pool of funds gathered by different small investors that have simalar investment perspective about returns on their investments. These funds are managed by professional investment managers who act smartly on behalf of the...