as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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what are the options for “near cash equivalents”?
a: you can actually hold cash in your account as long as the manager has reason to believe it is awaiting investment. as for your question, some near cash equivalents are: it's difficult to go into more detail about which investments are eligible due to the variety of risk characteristics, but you can certainly find investment opportunities in the assets mentioned above. a good money manager can advise you better since he'll have an idea of their risk characteristics as well as tax status.
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