- Investment Products
- Mutual Funds
Fund Evaluator
Find funds that match
your criteria.
These funds invest in short-term debt obligations such as US Treasury bills and certificates of deposit. They may deliver a set, modest return with extremely low risk. More liquid than most other types of funds, money market funds are considered to be among the safest types of mutual fund investments. It can be a smart place to invest your cash.
Why Fidelity money market funds?
- All Fidelity funds are no-load.2
- Historically higher yields than CDs or regular bank savings accounts.3
- Tax benefits: Some may provide state and federal tax–exempt income.
- Liquidity: Buy or sell at any time.
Learn more about Fidelity's approach (PDF) 
to managing money market funds, both
taxable and municipal (PDF) .
Taxable Money Market
Invest in high-quality, US dollar-denominated, short-term money market securities.
National Municipal Money Market
Invest in short-term, high-quality municipal money market securities that are exempt from federal income tax.
State Municipal Money Market
Invest in short-term, high-quality municipal money market securities that are exempt from federal and state income taxes.
An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund.
- Highly rated funds are defined as those funds that have a 4- or 5-star Morningstar rating. For each fund, Morningstar calculates a Morningstar RatingTM metric each month by subtracting the return on a 90-day US Treasury Bill from the fund’s load-adjusted return for the same period, and then adjusting this excess return for risk. The top 10% of funds in each broad asset class receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star.
- Other fees and expenses applicable to continued investment are described in the fund’s current prospectus.
- Unlike most FDIC-insured CDs and bank products, a money market’s yield and return will vary.
- Guidance is provided by Fidelity Representatives through the use of Fidelity’s suite of guidance tools. These tools are educational tools and not intended to serve as the primary or sole basis for your investment or tax-planning decisions.
Before investing, consider the fund’s investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus containing this information. Read it carefully.
Reasons to
Choose Fidelity.
Fidelity Funds
- More four- and five-star rated funds¹
- No load, no transaction fees²
- World's largest equity research department
Broad Selection
- Choose from 350 fund companies
- 1,400 no-transaction-fee funds
- Convenience of one statement, one website, one company to call.
Service
- Planning, research, and management tools
- Representatives available at 1-800-FIDELITY or via Instant Message. Opens in a new window.,
E-mail, or an
Investor Center - Guidance with free portfolio planning4
