The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Low interest rates have turned money market funds into dead money. Though they’ve been superseded by better alternatives, money market funds still hold billions of dollars belonging to retail investors who want to keep cash parked safely. Fees on these funds can be in the range of 0.3 to 0.6 per cent. Returns lately have ranged around zero. Basically, low interest rates have choked off returns from money market funds. After fees are applied, there’s nothing left for investors. Find a better place for your cash as soon as possible.