| Title: | Market Investing |
| Moderator: | 2155::michaud |
| Created: | Thu Jan 23 1992 |
| Last Modified: | Thu Jun 05 1997 |
| Last Successful Update: | Fri Jun 06 1997 |
| Number of topics: | 1060 |
| Total number of notes: | 10477 |
I'm looking for a very low cost money market fund. By low cost I mean very
low management fees. After all I could ladder my money in T-Bills,
etc. myself with very little effort. I've jumped between funds over
the years taking advantage of low introductory rates but I'm tired of
switching. Any fee more that a very small fraction of a percent seems
like robbery to me.
Suggestions ?
-Ed
| T.R | Title | User | Personal Name | Date | Lines |
|---|---|---|---|---|---|
| 854.1 | SOLVIT::CHEN | Thu Apr 27 1995 10:05 | 11 | ||
re: .0
The most recent iossue of Smart Money has a listing of top yielding MM
funds. I do not have my copy with me. But, I am sure you can find a
copy in your local public library. Low cost is only part of the
equation. The other part is high yield. Now, there are many funds will
temporarily suspend their expenses to boost their yield. But, the the
list I mentioned, they have *some* funds made to the list *without*
have to do so.
Mike
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| 854.2 | Fidelity Spartan waives fees | FREEBE::NEARY | Thu Apr 27 1995 17:44 | 8 | |
re .0
I'm in several Fidelity Spartan funds that have been waiving their fees
since they were started 1-2-3- years ago. Look in the money mkt section
of Barron's or WSJ,etc . Which is highest yield ? What is the safety ?
I know that Spartan US treasury M-Mkt yields about 5.5% state-tax free.
It's all in Treasuries - couldn't be any safer.
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| 854.3 | Vanguard and Benham | ASDG::HORTON | Paving the Info Highway | Fri Apr 28 1995 11:54 | 9 |
Vanguard and Benham are two fund families that are often
regarded as very low cost operations. Both offer a couple
of MM funds. Call for info:
Vanguard: 800-523-1188
Benham: 800-831-8321
-Jerry
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