The American Funds US Government Money Market Fund A (AFAXX) is a mutual fund that primarily invests in short-term, high-quality debt securities issued by the US government. This fund aims to provide investors with a low-risk investment option that offers stability and liquidity. It is managed by American Funds, a reputable investment management company known for its conservative approach and long-term investment strategies. AFAXX is suitable for investors looking for a safe and stable option for their cash reserves or short-term savings.
