When you make a cash investment through your Okimia account, your money is placed in a money market fund held by CACEIS, the depositary bank of the Crédit Agricole group.
A money market fund is a tool designed to efficiently manage cash. It invests exclusively in safe and highly liquid financial assets. These funds are often referred to as "MMFs" for "Money Market Funds".
These funds allow daily deposits and withdrawals, making them particularly popular with finance directors for investing their short-term cash.
MMFs are subject to strict regulation due to their importance in the global financial system. In France, their authorisation and supervision are provided by the Autorité des Marchés Financiers (AMF).
Through your Okimia account, you have access to two money market funds:
one in euros (EUR)
one in US dollars (USD)
You will find all the details and identifiers of these funds in the Cash Investment section of your Okimia account.