Several fund companies scrambled to inform investors on Wednesday that their money funds do not share the same fate as The Reserve's Primary Fund.

A Legg Mason spokeswoman told Reuters that the Baltimore fund firm's money funds had no exposure to AIG, Washington Mutual, or Lehman Brothers Holdings.

Vanguard posted the following statement on its website affirming that its money-market funds have not broken the buck.

September 17, 2008 - The recent bankruptcy filing by Lehman Brothers Holdings Inc. and widespread turbulence in the financial markets have prompted a number of questions about the impact on Vanguard funds, including money market funds.

Vanguard is confident in the stability of its money market funds, all of which are managed with the objective of maintaining a stable net asset value of $1 a share. Vanguard continues to manage its money market funds very conservatively and with extreme prudence, focusing on the highest-quality short-term money market instruments.

Meanwhile, Fidelity, Invesco and Deutsche Asset Management also said Wednesday that they did not have exposure to the toxic trio of Lehman, AIG and WaMu, Reuters reports.  

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