Fidelity Government Money Market Fund (SPAXX)FDIC-Insured Deposit Sweep Program (FDIC) Expense Ratio0.42%Bank deposits: 0.01-0.03% FZSXX: 0.46% FDIC InsuranceNone.$250k per bank. Fidelity doesn’t monitor deposit amounts, so safest to stay <$250k. ...
Fidelity launched the Fidelity Government Money Market Fund (SPAXX) in 1990, and boasts $267.99 billion in total net assets as of May 2023, making it one of the most widely held funds in this category. Similar to the American Century Capital Preservation Fund, SPAXX strives to usher in h...
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Analyze the Fund Fidelity ® Government Money Market Fund having Symbol SPAXX for type mutual-funds and perform research on other mutual funds. Learn more about mutual funds at fidelity.com.
Please note that on or around June 15, 2024, you’ll have the option to elect Fidelity(R) Government Money Market Fund (SPAXX) as your core sweep investment vehicle. You will not need to take any action if you wish to retain the Bank Sweep as your core position. For additional...