Fidelity Government Money Market Fund (SPAXX), a taxable money market mutual fund investing in U.S. Government Agency and Treasury debt, and related repurchase/reverse repurchase agreements. Intended for investors seeking as high a level of current income as is consistent with the preservation of ...
but it will certainly help to understand the different options first. Aside from FCASH, the other two choices for non-retirement accounts are the Fidelity Government Money Market Fund (SPAXX) and the Fidelity Treasury Fund (FZFXX). SPAXX is a taxable money market mutual fund designed...
Fidelity Government Money Market Fund (SPAXX), a taxable money market mutual fund investing in U.S. Government Agency and Treasury debt, and related repurchase agreements. Intended for investors seeking as high a level of current income as is consistent with the preservation of capital and liquidi...
Perhaps Fidelity noticed this activity as well, or perhaps they noticed certain 5% APY cash offerings from competitors, because in less than two months (June 15, 2024), the CMA is adding the Fidelity Government Money Market Fund (SPAXX) an a core position option. If you have a Fidelity Ca...