Virtual Assistant is Fidelity’s automated natural language search engine to help you find information on the Fidelity.com site. All Rights Reserved. Copyright 1998-2020 FMR LLC. Fidelity Money Market Funds Prospectus and Shareholder Reports . Prime MMMFs have historically offered higher yields than government MMMFs. 1. Money market funds are categorized based on the types of investments in the fund. Fidelity.com * Online trading, ETFs, Mutual Funds, IRAs, & Retirement for Individual Investors; 401(k) Participants & Employees of Corporations * Account balances, investment options, contributions, and tools. Fidelity does not guarantee accuracy of results or suitability of information provided. Click on each fund's name to learn more about policies specific to each fund. The secondary market for CDs may be limited. We are focused on helping investors achieve their financial goals while taking a conservative approach toward managing risk. SPAXX Dividend policy Active Price as of: JUL 16, 08:00 PM EDT $1.0 +0.0 +0% primary theme Taxable Money Market share class Other (SPAXX) Other (SPAXX) Primary Other (FZBXX) Other (FZCXX) Other (FZAXX) M (FZGXX) Retirement (FNBXX) ... Rates are rising, is your portfolio ready? Fidelity and its representatives may have a conflict of interest in the products or services mentioned in this material because they have a financial interest in them, and receive compensation, directly or indirectly, in connection with the management, distribution, and/or servicing of these products or services, including Fidelity funds, certain third-party funds and products, and certain investment services. Registered investment products (including mutual funds and ETFs) and collective investment trusts managed by Fidelity Management Trust Company (FMTC) are offered by Fidelity Distributors Company LLC (FDC LLC), a registered broker-dealer. Seeks as high a level of interest income exempt from federal income tax as is consistent with liquidity and stability of principal. As with any search engine, we ask that you not input personal or account information. Call Risk The issuer of a callable CD maintains the right to redeem the security on a set date prior to maturity and pay back the CD's owner either par (full) value or a percentage of par value. Performance data shown represents past performance and is no guarantee of future results. Source: Fidelity Investments as of 12/31/19. For Individuals. They fit in well when creating a solid mix of savings solutions. ^ You could lose money by investing in a money market fund. Easily retrieve funds from a money market mutual fund to get cash, pay a bill, or make another investment in your account. Learn more. All rights reserved. Important legal information about the email you will be sending. The indicated rate of return for each money market fund is an annualized historical yield based on the seven-day period ended as indicated and annualized in the case of effective yield by compounding the seven-day return and does not represent an actual one-year return. While there are no program enrollment fees, eligible accounts are charged an advisory fee. Responses provided by the virtual assistant are to help you navigate Fidelity.com and, as with any Internet search engine, you should review the results carefully. 1 Money market funds are fixed income mutual funds that invest in debt securities characterized by short maturities and minimal credit risk. Money market funds are categorized based on the types of investments in the fund. Information that you input is not stored or reviewed for any purpose other than to provide search results. If used as a core position in a brokerage account, the fund offers a convenient way to earn a return on money before investing further, or while saving. The Fidelity® Debit Card is issued by PNC Bank, N.A., and the debit card program is administered by BNY Mellon Investment Servicing Trust Company. Learn about Power Funds 5, 6 and 7 when you receive your FREE copy of Fidelity’s Super 7: The Only Funds You Need – only available to Fidelity Investor subscribers!. No Bank Guarantee. Invests the fund's assets primarily in US dollar-denominated money market securities of domestic and foreign issuers, US government securities, and repurchase agreements. To the extent any investment information in this material is deemed to be a recommendation, it is not meant to be impartial investment advice or advice in a fiduciary capacity and is not intended to be used as a primary basis for you or your client's investment decisions. Fidelity currently makes a market in the CDs we make available, but may not do so in the future. Types of money market funds. Fidelity does not provide legal or tax advice, and the information provided is general in nature and should not be considered legal or tax advice. May Lose Value. Fidelity also offers more conservative options for 529 investors including the Conservative Portfolio and the Index Conservative Portfolio, both diversified portfolios comprised of money market, short term and other fixed-income investments. Investments in money market funds are not insured or guaranteed by the FDIC or any other government agency. Get access to regulatory documents for Fidelity Money Market Funds below. This fund normally invests at least 80% of assets in municipal securities whose interest is exempt from federal income tax. This fund generally invests at least 99.5% of the fund's total assets in cash, US government securities and repurchase agreements. Customers interested in securities trading should consider a Fidelity Account®. While not insured by the FDIC, the funds are required by federal regulations to invest in short-maturity, low-risk investments, making them less prone to market fluctuations than many other types of investments. Institutional funds transact at a floating four-decimal NAV (e.g., $1.0000), and are available to corporations and other types of organizations. Select fund name for monthly and quarterly returns, restated yields, investment policies, risk and holdings. Information provided in this document is for informational and educational purposes only. 0.01%. Furthermore, certain representatives may be considered product specialists and may receive compensation, which may be weighted at different rates, solely for the sales of specific types of funds in which they specialize. Fidelity Money Market Funds ... FIMM Money Market Portfolio & FIMM Tax … Get a convenient way to save, spend, and manage your cash.4. These accounts include a Fidelity brokerage account or a Fidelity margin account. SPAXX | A complete Fidelity Government Money Market Fund mutual fund overview by MarketWatch. View mutual fund news, mutual fund market and mutual fund interest rates. Some funds can be obtained directly from the fund company without our service charge. Fidelity Money Market Portfolio: FCIXX: $1,000,000: 0.30%: 0.01%: JPMorgan Prime Money Market Fund: VPMXX: $1,000,000: 0.45%: 0.01%: Fidelity Money Market Fund: SPRXX: $0: 0.42%: 0.01%: … FZDXX | A complete Fidelity Money Market Fund;Premium mutual fund overview by MarketWatch. HIDDEN STRENGTH: The yield and potential performance built into this fund are better than not just the U.S. bond market, but our stock market as well.. Earn rates competitive with CDs while your business can have quick liquid access to your cash just like a checking account. These entities are not affiliated with each other or with Fidelity Investments. Assets in other registration types, such as irrevocable trusts, partnerships, or LLCs, will not be included when determining program eligibility. View mutual fund news, mutual fund market and mutual fund interest rates. Fidelity Canadian Money Market Fund. Fidelity® Government Money Market Fund mutual fund. Not FDIC Insured. Fidelity Brokerage Services LLC, Member NYSE. Earn more with your excess funds while building the liquidity you need to meet changing business priorities With a Business Money Market Account from Fidelity. Please note that there may be a foreign transaction fee of 1% that is not waived, which will be included in the amount charged to your account. FIMM Money Market Portfolio & FIMM Tax Exempt Fund are closed to institutional investors. View prospectus, summary prospectus, XBRL and related documents when available. Fidelity Money Market Fund 7-day Yield 3 (as of 12/23/2020) Effective Yield (as of 12/23/2020) Fidelity Government Money Market: 0.01%: 0.01%: Fidelity Government Cash … Interest rates and Annual Percentage Yield (APY's) for Fidelity Bank products, including mortgage loans, checking accounts, savings accounts, money market accounts, certificates of deposit (CDs), business accounts, and IRAs. $100,000.00 - AND ABOVE. By using or logging on to this website, you consent to the use of cookies as described in Fidelity’s Privacy Policy. Consult an attorney, tax professional, or other advisor regarding your specific legal or tax situation. All information you provide will be used by Fidelity solely for the purpose of sending the email on your behalf. It is a violation of law in some jurisdictions to falsely identify yourself in an email. The weighted average maturity of its portfolio holdings is 45 days. Investment return will fluctuate, so you may have a gain or loss when shares are sold. FIAM products and services may be presented by FDC LLC, a non-exclusive financial intermediary affiliated with FIAM and compensated for such services. Fidelity Rewards is not offered as a component of any advisory service or program through Fidelity, including, without limitation, Fidelity® Wealth Services and Fidelity® Strategic Disciplines. Fidelity Investments has waived nearly $250 million in fees and expenses for its largest money market fund, a sign of how low yields pressured the products in an unprecedented year. It only takes $1,000 to open, and features low or no service fees, depending on your balance. Current performance may be higher or lower than that quoted. 5. You'd like to make your savings work harder for you but you still need easy access to your funds. Some investors use money market funds to save for short-term goals or emergencies, or as a low-volatility allocation in their portfolio of stocks and bonds. You could lose money by investing in a money market fund. Your checking account may handle your everyday expenses, but there are good reasons to have extra money in a savings account or money market such as emergencies or unexpected expenses, big ticket items, or to simply to help you budget where you spend your money. Fidelity offers government, prime, and municipal (or tax-exempt) money market funds, and is an industry leader, managing over $800 billion in total money market assets.1, Government: Fidelity Government Money Market Fund (SPAXX)2. Contact Fidelity for a prospectus or a summary prospectus, if available, containing this information. Have your client read it carefully. Advisors who custody with Fidelity are still defaulted into F-Cash, rather than the money-market fund. For U.S. Treasury purchases traded with a Fidelity representative, a flat charge of $19.95 per … Whatever your goals you our Fidelity relationship managers will find the right a savings solution to help you grow your investment. FIMM Money Market Portfolio & FIMM Tax Exempt Fund are closed to institutional investors. LifeDesign Money Market. The reimbursement will be credited to the account the same day the ATM fee is debited from the account. Municipal: Fidelity Municipal Money Market Fund (FTEXX)3. These securities are issued by government entities or companies who borrow money and repay principal and interest to investors within a short period of time. Visa is a registered trademark of Visa International Service Association, and is used by PNC Bank pursuant to a license from Visa U.S.A. Inc. Analyze the Fund Fidelity ® Government Money Market Fund having Symbol SPAXX for type mutual-funds and perform research on other mutual funds. Fidelity's government and U.S. Treasury money market funds will not impose a fee upon the sale of your shares, nor temporarily suspend your ability to sell shares if the fund's weekly liquid assets fall below 30% of its total assets because of market conditions or other factors. 0.01%. By using this service, you agree to input your real email address and only send it to people you know. 0.01%. The subject line of the email you send will be "Fidelity.com: ". Fidelity is proud to now offer Fidelity Rewards+, a new program with exclusive benefits for eligible Wealth Management clients.5 Once you enroll, we'll waive the minimum investment on a select group of our lower-cost money market funds, giving you more choice for investing your cash. Fidelity Institutional Asset Management (FIAM) investment management services and products are managed by the Fidelity Investments companies of FIAM LLC, a U.S. registered investment advisor, or Fidelity Institutional Asset Management Trust Company, a New Hampshire trust company. Low interest rate. From time to time, FDC LLC or its affiliates may pay its representatives additional compensation if they meet certain targets related to sales of the Fidelity funds, which may be weighted at different rates. Fidelity Treasury Money Market Fund: Daily Money Class, Fidelity Massachusetts Municipal Money Market Fund, Fidelity Treasury Money Market Fund: Capital Reserves Class, Fidelity Tax-Exempt Money Market Fund: Capital Reserves Class, Fidelity Tax-Exempt Money Market Fund: Daily Money Class, Fidelity New York Municipal Money Market Fund, Fidelity California Municipal Money Market Fund, Fidelity Pennsylvania Municipal Money Market Fund, Fidelity New Jersey Municipal Money Market Fund, Fidelity Connecticut Municipal Money Market Fund, Fidelity Ohio Municipal Money Market Fund, Fidelity Michigan Municipal Money Market Fund, Fidelity New York AMT Tax-Free Money Market Fund, Fidelity New Jersey AMT Tax-Free Money Market Fund, Fidelity Massachusetts AMT Tax-Free Money Market Fund, Fidelity Arizona Municipal Money Market Fund, Fidelity California AMT Tax-Free Money Market Fund, Fidelity Treasury Money Market Fund: Advisor Class C, FIMM - Money Market Portfolio - Class III, FIMM Treasury Only Portfolio - Select Class, FIMM - Money Market Portfolio - Select Class, Fidelity California AMT Tax-Free Money Market Fund - Institutional Class, Fidelity New York AMT Tax-Free Money Market Fund - Institutional Class, Fidelity New Jersey AMT Tax-Free Money Market Fund - Institutional Class, Fidelity Massachusetts AMT Tax-Free Money Market Fund - Institutional Class, Fidelity California AMT Tax-Free Money Market Fund - Service Class, Fidelity New York AMT Tax-Free Money Market Fund - Service Class, Fidelity New Jersey AMT Tax-Free Money Market Fund - Service Class, Fidelity Massachusetts AMT Tax-Free Money Market Fund - Service Class, FIMM - Money Market Portfolio - Institutional Class, FIMM Government Portfolio - Institutional Class, FIMM Treasury Only Portfolio - Institutional Class, FIMM Treasury Portfolio - Institutional Class, Fidelity Tax-Exempt Money Market Fund: Premium Class, Fidelity Money Market Fund - Premium Class, Fidelity Government Money Market Fund - Capital Reserves Class, Fidelity Government Money Market Fund - Daily Money Class, Fidelity Government Money Market Fund - Premium Class, Fidelity Series Government Money Market Fund, Fidelity Government Money Market Fund - Advisor Cl M, This site is for persons in the U.S. only, 401(k) Participants & Employees of Corporations, 403(b) & 457(b) Participants & Employees of Non-Profits. Money market funds are a low-risk, short-term savings alternative that provide easy access to your cash. Interest Rate (as of 12/21/2020) APY 3 (as of 12/21/2020) $0.00 - $99,999.99. Performance shown does not reflect Treasury Fund Advisor C's 1% maximum contingent deferred sales charge. Fidelity also offers the Fidelity Account ®, a brokerage account, which is designed to meet all your trading and investing needs. For investments of $100,000+, $1million+, or $10million+ Fidelity Money Market – Premium Class FIMM Money Market – Class I FIMM Money Market – IL Class (FNSXX) Institutional 2. Learn more about mutual funds at fidelity.com. Before investing have your client consider the funds', variable investment products, or exchange traded products' investment objectives, risks, charges, and expenses. Prime: Fidelity Money Market Fund (SPRXX)3. Our Money Market Accounts with variable tiered interest rates can generate the returns you’re looking for. Fidelity government money market funds primarily invest in debt issued by the U. S. Treasury and U. S. Government sponsored-entities like Fannie Mae and Freddie Mac.. Fidelity prime money market funds, also known as general-purpose money market funds, invest in any eligible money market investment denominated in U. S. dollars including short-term debt issued by corporations and … Eligible assets include those invested through Fidelity® Wealth Services, Fidelity® Strategic Disciplines, or a combination of both registered as an individual account, a joint account, or certain types of revocable trusts. Fidelity offers government, prime, and municipal (or tax-exempt) money market funds, and is an industry leader, managing over $800 billion in total money market assets. The Fidelity Cash Management Account is a brokerage account designed for spending and cash management. An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Fidelity Money Market Funds ... FIMM Money Market Portfolio & FIMM Tax Exempt Fund are … View information about distribution related payments which may be paid to certain Fidelity employees. Your account will automatically be reimbursed for all ATM fees charged by other institutions while using a Fidelity® Debit Card linked to your Fidelity Cash Management Account at any ATM displaying the Visa®, Plus®, or Star® logos. If you require any other information about a Fidelity fund or product, please contact your financial advisor. The fees shown are in addition to those charged by the fund companies. But it’s not the only gift reserved in your name. Fidelity Money Market. Unlike the fund(s), bank products are FDIC-insured. It is not intended to serve as your main account for securities trading. If reflected, the CDSC would reduce performance quoted. Fidelity Money Market Funds are exempt from these fees. © Copyright 1996- FMR LLC. A Money Market can offer you a unique blend of Savings and Checking with higher interest than a traditional savings account and the liquidity to write a small number of checks each month. Some investors choose a government money market fund as the core position in a brokerage account to receive or make recurring payments, or hold money before moving to another investment. Fidelity’s government and U.S. Treasury money market funds will not impose a fee upon the sale of your shares, nor temporarily suspend your ability to sell shares if the fund's weekly liquid assets fall below 30% of its total assets because of market conditions or other factors. ; 403(b) & 457(b) Participants & Employees of Non-Profits * Account balances, investment options, contributions, and tools. The fund ordinarily invests solely in short-term U.S. Treasury money market securities. 0.01%. The account earns just 0.01% APY for balances under $100,000. Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917, (Separate multiple email addresses with commas). Fidelity Rewards+ enrollment requires a minimum of $250,000 in eligible professionally managed assets. Prime MMMFs have historically offered higher yields than government MMMFs as your main account securities. Of its Portfolio holdings is 45 days enrollment requires fidelity money market rates minimum of $ 250,000 in eligible professionally assets... Not the only gift reserved in your name ’ s not the only gift reserved in your name Fidelity. With any search engine to help you find information on the types investments. Fidelity employees s Privacy Policy performance data shown represents past performance and is guarantee... 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