![]() ![]() It does not cover investment losses due to market fluctuation. ![]() The Securities Investor Protection Corporation (SIPC) protects stocks, bonds, and other securities in case a brokerage firm goes bankrupt and assets are missing. Neither FCASH nor the Fund is insured by the Federal Deposit Insurance Corporation (FDIC). Fidelity would generally expect to earn more on your FCASH balance than it would receive in fees when you use the Fund as your core position. Fidelity may use free credit balances in connection with its business. Interest on FCASH balances is payable in accordance with a schedule set by Fidelity, which may be changed at any time.įCASH has no separately stated fees. You invest in the Fund/s through your core position, and you hold shares of the Fund in your account.įidelity may, but is not required to, pay interest on FCASH balances. The Fidelity Government Money Market Fund and Fidelity Treasury Money Market Fund (FZFXX) are money market mutual funds. Your FCASH balance represents funds held by Fidelity payable to you on demand. For more current information or to gain access to your funds, go to /prospectus or you may call a representative at 80.įree Credit Balance and a Money Market FundįCASH is known as a free credit balance. ![]() If you would like more information, you should refer to the prospectus for the Fund/s as well as your customer agreement, which provides more detail about free credit balances. It is important to understand these differences and the following are some of the more significant ones to consider. The following is additional information to help you understand the differences between your current FCASH core position and the money market fund core positions, Fidelity Government Money Market Fund and/or Fidelity Treasury Money Market Fund (FZFXX) (the "Fund/s"). ![]()
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