What is a Tax-Free Money Market Fund? Answers in the video above. Below is a breakdown of Tax-Free Money Market Fund offerings from Vanguard and Fidelity with a minimum initial investment between $3000 and $5000 Click on the name of the index fund to be directed to the brokers website in order to learn more about the particular fund. Ethan Bloch's favorite fund within each table set is highlighted in Yellow. Performance calculations are as of 11/30/2008 Definitions of the tables headings are at the bottom of the page |
| Vanguard Tax-Free Money Market Funds |
| Fund | Symbol | Minimum | Expense Ratio | 10 Year Return | Lifetime Return | Fund Inception |
| Vanguard Tax-Exempt Money Market Fund | VMMXX | $3000 | 0.10% | 2.51% | 3.86% | 06/10/1980 |
| Fidelity Tax-Free Money Market Funds |
| Fund | Symbol | Minimum | Expense Ratio | 10 Year Return | Lifetime Return | Fund Inception |
| Fidelity Municipal Money Market Fund | FTEXX | $5000 | 0.43% | 2.26% | 3.71% | 01/02/1980 |
| Fidelity Tax-Free Money Market | FMOXX | $5000 | 0.48% | 2.16% | 3.20% | 11/22/1983 |
| Minimum | Minimum initial investment required to invest in fund |
| Expense ratio | Fee's associated with the fund |
| 10 Year Return | Return over past 10 years recorded as of 11/30/2008 |
| Lifetime Return | Return since the funds creation as of 11/30/2008 |
| Fund Inception | Date of funds creation |