Money Market Funds: What You Need to Know

Money market insights and resources

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 safety, liquidity, and competitive returns for our customers.

"We can state unequivocally that the number one goal of Fidelity's money market funds and accounts is to provide security and safety for our customers' cash investments."
Kevin Gaffney, Chief Investment Officer, Money Markets

Types of Money Market Funds

Fund Type Net Asset Value (NAV) Liquidity Fee Redemption Gate
U.S. Treasury* Stable No No
Government* Stable No No
Retail Municipal/Tax Exempt^ Stable Yes Yes
Retail Prime^ Stable Yes Yes
Institutional Municipal/Tax Exempt** Floating Yes Yes
Institutional Prime** Floating Yes Yes
Read More
Read More

{{ contentElement.name }}

  • In order to avoid a negative yield, FMR may reimburse expenses or waive fees of certain funds and/or the funds' distributors may waive all or a portion of the 12b-1 fees. Any such waivers or expense reimbursements would be voluntary and could be discontinued at any time. There is no guarantee that these funds will be able to avoid a negative yield.
  • * You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Fidelity Investments and its affiliates, the fund's sponsor, have no legal obligation to provide financial support to any Fidelity money market fund, and you should not expect that the sponsor will provide financial support to the fund at any time.
  • Fidelity's government and U.S. Treasury money market funds will not impose a fee upon the sale of your shares, nor temporarily suspend your ability to sell shares if the fund's weekly liquid assets fall below 30% of its total assets because of market conditions or other factors.
  • ^ You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the Fund's liquidity falls below required minimums because of market conditions or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Fidelity Investments and its affiliates, the fund's sponsor, have no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.
  • ** You could lose money by investing in a money market fund. Because the share price of the fund will fluctuate, when you sell your shares they may be worth more or less than what you originally paid for them. The fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund's liquidity falls below required minimums because of market conditions or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Fidelity Investments and its affiliates, the fund's sponsor, have no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.
  • Before investing have your client consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or a summary prospectus, if available, containing this information. Have your client read it carefully.
 
 

There was an issue with your input
 
OK
 
 

Please confirm
 
OK
   
Cancel