Euro Money Market Fund--Where is one?

I am looking for a money market mutual fund that invests in euro
denominated securities and finding none.

Does anyone know of any?

Re: Euro Money Market Fund--Where is one?

On 6 Nov 2005 04:03:40 -0800, > wrote:
> I am looking for a money market mutual fund that invests in euro
> denominated securities and finding none.
>
> Does anyone know of any?

Why? European money market pays 2% (might rise slightly in December) vs.
4% for U.S. money markets. Fees would reduce either in a mutual fund.

Re: Euro Money Market Fund--Where is one?

"David Efflandt" <> wrote in message
news:
> On 6 Nov 2005 04:03:40 -0800, > wrote:
>> I am looking for a money market mutual fund that invests in euro
>> denominated securities and finding none.
>>
>> Does anyone know of any?
>
> Why? European money market pays 2% (might rise slightly in December) vs.
> 4% for U.S. money markets. Fees would reduce either in a mutual fund.

He could be looking for a dollar play but that might be a mistake.

Re: Euro Money Market Fund--Where is one?

wrote:
> I am looking for a money market mutual fund that invests in euro
> denominated securities and finding none.
> Does anyone know of any?

Check out everbank.com.

Re: Euro Money Market Fund--Where is one?

David Efflandt wrote:
> On 6 Nov 2005 04:03:40 -0800, > wrote:
>
>>I am looking for a money market mutual fund that invests in euro
>>denominated securities and finding none.
>>
>>Does anyone know of any?
>
>
> Why? European money market pays 2% (might rise slightly in December) vs.
> 4% for U.S. money markets. Fees would reduce either in a mutual fund.

IIRC, decades ago, Fidelity used to have a couple of funds that invested
in foreign currencies. They had a (Japanese) yen fund and a British
pounds sterling fund and (I think) a Swiss francs fund. The funds
folded due to lack of interest.


--
Steven D. Litvintchouk
Email:

Remove the NOSPAM before replying to me.