What is interest rate on Fidelity money market?
What is interest rate on Fidelity money market?
Fidelity Money Market Fund
| 1 Yr | 3 Yrs | 10 Yrs |
|---|---|---|
| 0.01% | 0.96% | 0.54% |
| 0.06% | 1.14% | 0.60% |
| 0.01% | 0.92% | 0.49% |
| 0.01% | 0.57% | 0.32% |
What is the interest rate on Sprxx?
Lipper Ranking & Performance
| Fund Return | Category 1 | |
|---|---|---|
| YTD | 0.01% | 0.01% |
| 1yr | 0.01% | 0.01% |
| 3yr 2 | 0.80% | 0.73% |
| 5yr 2 | 1.00% | 0.87% |
What is the rate of return on a money market mutual fund?
Money market funds are used by investors who want to protect rather than grow their retirement savings, but still earn some interest — somewhere between 1% and 3% a year. That’s about on par or slightly higher than bank savings or money market accounts.
How safe is Spaxx?
You could lose money by investing in the fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
Does fidelity have a guaranteed interest account?
Investment Detail American Fidelity Guaranteed Interest Account Option – The Guaranteed Interest Account Option is an investment option within our General Account where the principal and a minimum rate of interest are guaranteed, subject to the claim paying ability of American Fidelity Assurance Company.
Can I lose money in Spaxx?
Can a money market fund lose money?
Money market funds seek stability and security with the goal of never losing money and keeping net asset value (NAV) at $1. This one-buck NAV baseline gives rise to the phrase “break the buck,” meaning that if the value falls below the $1 NAV level, some of the original investment is gone and investors will lose money.
