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I've been told of a Fidelity Money Market Fund, FMPXX. Just went and looked at their "Research" tab and see that it is showing a "7-day Yield" of 2.5%. As you said, however, it does seem to require an initial investment of $1 M, but that qualifier is accompanied by a footnote reading "Initial minimum investments into group retirement accounts such as Fidelity Simplified Employee Pension-IRA, Keogh, Self-Employed 401(k), and Non-Fidelity Prototype Retirement accounts are $500 or higher. There is no minimum for additional investments in any type of Fidelity fund you already own."

mathetes
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