Lowest Cost California Tax-Exempt California Money Market Funds
California Tax-Exempt Money Market Funds Table
View the table below to find very economical California money market funds. This list of the lowest cost investment funds in the tax exempt California money funds group is more liable to be stable over time. Individual investors in the lowest cost mutual funds tend to be devoted to the relatively short list of mutual fund firms providing the lowest expense mutual funds.
Shareholders in very inexpensive investment company funds know that the lowest fee tends to lead to superior returns over the years. Tax-exempt California MMFs are not likely to have superior portfolio performance before investing costs and taxes and taxes are taken into account. Instead, these investment company funds attempt to achieve the middle return on the tax-exempt California market asset space, and they are not constructed to beat the pre-expense and pre-tax market average return.
Even so, the inexpensive charges of tax-exempt California money market muni funds allows fund share owners to save much more of the market’s return — rather than having to share the market return with the financial securities industry by paying avoidable investment charges. As the years go by, shareholders in index and very low cost funds tend to surpass individual investors paying avoidable fees to the financial securities industry.
Lowest Cost California Tax-Exempt Money Market Mutual Funds
Fund Name — Expense Ratio — Ticker Symbol
- Vanguard California Tax-Exempt Money Market Fund Investor — 0.16% expense ratio — VCTXX
- Fidelity California AMT Tax-Free Money Market Fund — 0.30% expense ratio — FSPXX
- Fidelity California Municipal Money Market Fund — 0.50% expense ratio — FCFXX
- Note: low cost index funds
Make sure to take a look at the fund’s prospectus document to be aware of qualifications and payments, including acquisition, conveyance, and brokerage costs which could be assessed. Low cost index funds occasionally are shut to new investor’s money.
The first listed low management expense California state money market fund is the Vanguard California Tax-Exempt Money Market Fund Investor that is sold and purchased with the VCTXX ticker trading symbol. The Vanguard California Tax-Exempt Money Market Fund Investor carries the lowest fee management expense percentage in this state money market investments asset class.
The table’s next listed lowest expense California tax-exempt money market mutual fund is the Fidelity California AMT Tax-Free Money Market Fund with the FSPXX ticker trading symbol. The Fidelity California AMT Tax-Free Money Mutual Fund comes with the second lowest fee portfolio management expenses ratio in this municipal money funds index investments group.
Subsequently the chart’s third included low management cost money market fund is the Fidelity California Municipal Money Market Fund, which is traded with the FCFXX trading ticker symbol. The Fidelity California Municipal Money Market Fund comes with the lowest fee management expense ratio in this muni money market mutual funds grouping.