Money Market Mutual Fund Safety from AARP, Vanguard, Fidelity, and TIAA-CREF

Wells Fargo & Company announced that it has taken a $39 million loss on Structured Investment Vehicles (SIVs) which were used in the portfolios of a number of their money funds. The $39 million is not devastating to company who holds over $106 billion in money market mutual funds, but is another example of money [...]

AARP’s Money Market Fund

The American Association of Retired Persons (AARP) is in the money management business with a mutual fund division called AARP Funds. AARP Funds has a mutual fund money market called the AARP Money Market Fund with one of the highest yields in the country

AARP Money Market Fund Details

5.14% 7-day yield

5.27% 7-day effective yield

$100 minimum investment

One [...]