Crane Data Subscribers
Fidelity Investments E-Newsletter Features AMT-Free Money Fund Lineup. The Boston-based fund company's E-News e-mail update contains "AMT-Free, Lower Fees: New Tax-Smart Money Market Funds, which lists a lineup of AMT-averse money funds, including: "core-eligible" (for sweep) Fidelity Tax-Free Money Market Fund, Fidelity AMT Tax-Free Money Fund, Fidelity Institutional Money Market: Tax-Exempt, and $25K and $1M minimum options for CA, MA, NJ and NY. The page also links to an explanation of the AMT, which includes who's exposed to the tax, how much Fidelity municipal funds invested in AMT paper, and a calculator to measure your chances of hitting this insanely complex boondoggle.
