signaturelogo Home | Locations | Contact Us | Site Map | Sign On
 
logobar Banking
Credit & Lending
Cash Management
Investments
smColorBar

About Signature
Personal Services
Business Services
Business Services Overview
Business Banking Accounts
Credit & Lending
Investing & Brokerage
Insurance
Cash Management Services
Investor Relations
Skip Navigation LinksHome > Business Services > Business Banking Accounts > Money Mkt. Funds Program > Fidelity Tax Exempt Fund

FIDELITY TAX-EXEMPT FUND


Cash Management Funds
Capital Reserve Class

Symbol: FERXX
Expenses: 0.95%
Trading Hours: 8:30 a.m. to 12:00 noon EST
Minimum Investment: $1,000
Fund Inception: November 22, 1983

Fund Objective

The fund normally invests at least 80% of assets in municipal securities whose interest is exempt from federal income tax. The fund does not currently intend to invest assets in municipal securities whose interest is subject to federal income tax or in municipal securities whose interest is subject to the federal alternative minimum tax.

Fund Manager

Michael Widrig

Michael Widrig joined Fidelity in 1990. He currently manages a number of Fidelity municipal money market funds and was appointed to manage Tax-Exempt in January 2004.



Income exempt from federal income tax may be subject to state or local tax. A portion of the dividends you receive may be subject to federal and state income taxes. Any capital gains realized by the fund generally will be subject to taxation at each level.

For more complete information, including charges and expenses, call or write for a free prospectus. Read it carefully before you invest.

Past performance is no guarantee of future results. Yield will vary and an investor's shares, when redeemed, may be worth more or less than their original cost.

S&P® is a registered service mark of The McGraw-Hill Companies, Inc., and has been licensed for use by Fidelity Distributors Corporation and its affiliates.

Back to Funds Summary 


Business Banking
Business Services Overview
Business Banking Accounts
Flat Fee Business Checking
Monogram Business Checking
Insured Money Mkt. Account
Money Mkt. Funds Program
Escrow Services


Money Market Funds Program
Fidelity Prime Fund
Fidelity Treasury Fund
Fidelity Treasury Only Portfolio
Fidelity Tax Exempt Fund
Fidelity New York AMT Tax Free
Goldman Sachs Tax-Exempt New York Portfolio






No information on this web site should be considered a recommendation or solicitation to invest in a particular security or type of security.

Signature Securities Group Corporation ("SSG") is a registered broker dealer, registered investment adviser, and licensed insurance agency. SSG, Member FINRA/SIPC, is a wholly owned non-bank subsidiary of Signature Bank.

Securities, Insurance and Monogram Money Market Funds Program products are:
• NOT FDIC INSURED • NOT BANK GUARANTEED • MAY LOSE VALUE

Signature Bank and SSG comply with Section 326 of the USA PATRIOT Act. This law mandates that we verify certain information about you while processing your account application.

Signature Bank, Member FDIC, is an Equal Housing Lender 



Internet Privacy & Security / Signature Bank Privacy Policy / Account Agreements & Disclosures / www.finra.org

Signature Bank, member FDIC.

Copyright 2007
All rights reserved.