MoneyRates Blog

Mutual Fund Money Market Yields and Holdings

November 24, 2008
By MoneyRates team | Money-Rates Columnist

A mutual fund money market is supposed to be a simple investment with a stable $1 share price with seemingly little differentiation between various funds. September 2008 showed that line of thought was a fallacy as several funds with heavy exposure to Lehman Brothers paper suffered losses significant enought to push their net asset value [...]

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Fidelity, Vanguard, and T. Rowe Price Join Treasury Department’s Money Fund Insurance Program

October 13, 2008
By MoneyRates team | Money-Rates Columnist

Three of the largest mutual fund money market management companies have joined the long list of companies opting to participate in the Treasury Department’s emergency insurance program for money funds. Fidelity Investments, T.Rowe Price, and Vanguard, who combined hold an estimated $1 trillion in money market funds, all have officially signed up for the program [...]

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Online Broker Rewards

March 31, 2008
By MoneyRates team | Money-Rates Columnist

Online brokers facing intense competition for accounts are offering incentives to open a new account with their brokerage firm. Some of the deals available this week include:
Charles Schwab
high yield checking account available with 3.01% APY and no ATM Fees for Schwab customers
link
TD Ameritrade
-$100 cash bonus + 30 days of free trading for new accounts opened [...]

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

March 2, 2008
By MoneyRates team | Money-Rates Columnist

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 [...]

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Money Fund Yields Increase

September 18, 2007
By MoneyRates team | Money-Rates Columnist

Investors who use mutual fund money markets (money funds) as part of their investing strategy will note a larger yield spread between Treasury-only money funds and money funds with a wider diversity of holdings. Funds like DWS Money Market Series Prime Reserve - Class S (5.27%, minimum $1,000), Fidelity Money Market Fund (5.27%, minimum $25,000), [...]

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Not All Short-Term Bond Funds Look Alike

September 5, 2007
By MoneyRates team | Money-Rates Columnist

Short term bond managers have had the test of a lifetime this summer as wildly gyrating bond and credit markets have repriced their holdings considerably. Funds with nearly identical fund profiles and types of holdings may have considerably different returns. Some funds have hedged their losses with derivatives, while some funds have maintained a clean [...]

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