What is a Taxable Money Market Fund? Answers in the video above. Below is a breakdown of Taxable Money Market Fund offerings from Fidelity and Vanguard with a minimum initial investment between $2500 and $3000. 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 funds are highlighted in Yellow. Performance calculations are as of 11/30/2008 Definitions of the tables headings are at the bottom of the page |
| Fidelity Taxable Money Market Funds |
| Fund | Symbol | Minimum | Expense Ratio | 10 Year Return | Lifetime Return | Fund Inception |
| Fidelity Cash Reserves | FDRXX | $2500 | 0.43% | 3.46% | 6.26% | 5/10/1979 |
| Select Money Market Portfolio | FSLXX | $2500 | 0.36% | 3.46% | 4.72% | 08/30/1985 |
| Fidelity U.S. Government Reserves | FGRXX | $2500 | 0.37% | 3.40% | 5.35% | 11/03/1981 |
| Vanguard Taxable Money Market Funds |
| Fund | Symbol | Minimum | Expense Ratio | 10 Year Return | Lifetime Return | Fund Inception |
| Vanguard Prime Money Market Fund | VMMXX | $3000 | 0.24% | 3.50% | 6.36% | 06/04/1975 |
| Vanguard Federal Money Market Fund | VMFXX | $3000 | 0.24% | 3.44% | 5.64% | 07/13/1981 |
| Vanguard Treasury Money Market Fund | VMPXX | $3000 | 0.24% | 3.18% | 4.96% | 03/09/1983 |
| 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 |