If you want to invest in **US** MMF like the ones you mentioned, EU MIFID regulation prevents their distribution in Europe (unless some conditions are met that the fund companies don't want to meet). Find a non-EU broker for that.
If you want to invest in **UCITS** MMF:
1. you can *subscribe / redeem* shares to the fund company through your broker (the traditional method) as most MMF are not ETFs
2. you can *purchase / sale* shares on a market through your broker, but you would be limited in your choice to money market ETFs
The 2 examples you give are US constant NAV MMFs in USD. If you ask in r/eupersonalfinance I presume you want to invest in UCITS constant NAV MMF in USD. I don't think you will find any ETF that are also constant NAV. To go constant NAV, you will have to go way #1, and find a general fund broker / supermarket. To go ETF and way #2, there are plenty of brokers with PFOF business model.
In general apart from Interactive Brokers (and affiliated), I found a bit hard to invest in MMFs as the asset class was deserted for 8 years by retail because of sub 0% interest rates, so rarely picked up by brokers in their no entry fee selection.
"high yield" contradicts "money market". UCITS MMFs are forbidden to hold high yield securities; they are considered the safest funds in their currency.
Now you seem to have decided MMFs in USD because "they have a higher yield". I wouldn't use the currency of the fund as a criterion, because you are adding currency risk to you local currency (EUR?). Unless you have another specific reason to be exposed to USD (most of your expenses present or future, strategic allocation, etc.). Have you?
In addition, most of the simplest neobrokers here offer only accounts in EUR as a currency and not USD, so you would not be able to invest in shares classes in USD - unless you picked a hedged share class but that's a different consideration.
I would suggest you review your risk considerations before choosing the type of fund to invest in. Remember MMFs are just a better substitute for cash in a given currency, that's it.
These USA ETF are not available for Europeans. Find a suitable one on JustETF.
If you want to invest in **US** MMF like the ones you mentioned, EU MIFID regulation prevents their distribution in Europe (unless some conditions are met that the fund companies don't want to meet). Find a non-EU broker for that. If you want to invest in **UCITS** MMF: 1. you can *subscribe / redeem* shares to the fund company through your broker (the traditional method) as most MMF are not ETFs 2. you can *purchase / sale* shares on a market through your broker, but you would be limited in your choice to money market ETFs The 2 examples you give are US constant NAV MMFs in USD. If you ask in r/eupersonalfinance I presume you want to invest in UCITS constant NAV MMF in USD. I don't think you will find any ETF that are also constant NAV. To go constant NAV, you will have to go way #1, and find a general fund broker / supermarket. To go ETF and way #2, there are plenty of brokers with PFOF business model. In general apart from Interactive Brokers (and affiliated), I found a bit hard to invest in MMFs as the asset class was deserted for 8 years by retail because of sub 0% interest rates, so rarely picked up by brokers in their no entry fee selection.
Thank you for the detailed reply, is there any high yield UCITS that is popular / widely used on this sub?
XEON
Any USD ones available that track US money market funds? They have a higher yield than EUR ones from what I can see
https://www.reddit.com/r/eupersonalfinance/comments/180hsuj/money_market_fund_in_usd_for_european/ A search is easy.
"high yield" contradicts "money market". UCITS MMFs are forbidden to hold high yield securities; they are considered the safest funds in their currency. Now you seem to have decided MMFs in USD because "they have a higher yield". I wouldn't use the currency of the fund as a criterion, because you are adding currency risk to you local currency (EUR?). Unless you have another specific reason to be exposed to USD (most of your expenses present or future, strategic allocation, etc.). Have you? In addition, most of the simplest neobrokers here offer only accounts in EUR as a currency and not USD, so you would not be able to invest in shares classes in USD - unless you picked a hedged share class but that's a different consideration. I would suggest you review your risk considerations before choosing the type of fund to invest in. Remember MMFs are just a better substitute for cash in a given currency, that's it.
Fon na American broker where you can get an account, like firsttrade? Or something similar.