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History
30th Anniversary
The American Museum of Financial History, an affiliate of the Smithsonian Institution, honored Bruce R. Bent and the creation of the world's first money market mutual fund over 30 years ago. The milestone event recognized the importance of the financial product and it's impact on the nation's financial history with a comprehensive exhibit and celebration. Since its creation in 1970, The Reserve Funds innovation sparked an industry that today totals more than $2.2 trillion and serves more that tens of millions of investors. The event celebrated not only the creation of the money fund, but also 30 years of continued innovation in the cash management industry by Bruce R. Bent and The Reserve Funds. The following highlights photographs and related articles from the event.