U.S. Treasury Money Market Funds Are Safe

When you want to park cash, consider putting it into a U.S. Treasury money market fund. Like other types of money market accounts, a treasury-backed account is not insured, but because it holds short-term U.S. treasury bills and notes, you can be assured that your money is safe.

Here is a sample of the many U.S. Treasury money market funds which are available to savers and investors.

U.S. Treasury Money Market Funds
Money Market (Web site)	Symbol
American Century Capital Preservation Fund	CPFXX
Capital One U.S. Treasury Money Market Fund Ticker Symbol	CTRXX
Dreyfus 100% U.S. Treasury Fund	DUSXX
First American U.S. Treasury Money Market Fund	FOEXX
HighMark 100% U.S. Treasury Money Market Fund	HMRXX
SSgA US Treasury Money Market Fund	SVTXX
T. Rowe Price U.S. TREASURY MONEY	PRTXX
U.S. Global Investors U.S. Treasury Securities Cash Fund	USTXX
Vanguard Treasury Money Market Fund	VMPXX
Wells Fargo Advantage Treasury Plus Money Market Fund	PIVXX

Be sure to check the composition (holdings) of a money market fund before you choose it. Many funds with "Government" in their names hold investments other than short-term U.S. treasuries.

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See Crane Data, a Web site all about money marker funds from more information.

Posted January 15, 2007.