Fidelity is one of the largest and most trusted money market mutual fund providers in the industry. Our money market funds invest in high-quality money market securities and seek to provide stability, liquidity, and competitive returns for our customers.
Safety and liquidity have always been, and will continue to be, Fidelity's top priority objectives in managing money market funds. As one of the largest and most trusted money market providers in the industry, we are proud to manage more than $1T1 in money market assets for millions of our customers. We continue to invest in high-quality money market securities and seek to provide safety, liquidity, and competitive returns for our customers.
Kevin Gaffney, Chief Investment Officer, Money Markets
Money Market Funds
Size and Scale
One of the most trusted names in money markets
LARGEST MANAGER OF MONEY MARKET FUNDS
Source: iMoneyNet and Fidelity Investments as of 6/30/24. Assets exclude central funds.
FIDELITY'S MARKET SHARE ~20%
Source: iMoneyNet and Fidelity Investments as of 6/30/24. Assets exclude central funds. Note: Includes both retail and institutional share classes.
Types of Money Market Funds at Fidelity
Fund Type | Net Asset Value (NAV) | Mandatory Liquidity Fee^ | Discretionary Liquidity Fee^ |
---|---|---|---|
U.S. Treasury | Stable | No | No |
Government* | Stable | No | No |
Retail Municipal** | Stable | No | Yes |
Retail Prime^** | Stable | No | Yes |