No. of Recommendations: 14
Can anyone recommend a decent Money Market fund for non US residents?
I don't have an answer for that specific question, but have you considered buying US treasury-bills directly? Most brokers offer that as a possibility, even though some of them don't mention it unless you ask. Or equivalents issued by other countries, if you prefer.
As a non-US person, that's what I do. I own several different issues maturing in the next 9 months. No risk or fees in the fund structure, no material credit risk. Anything with X% higher yield than government paper will generally have very much more than X% higher risk.
Jim
