They also compare the risks, returns, and benefits of different options. Spaxx, fdic, fcash, fdrxx, and fzfxx Which should you use for your fidelity core position for cash Are you considering fzfxx, spaxx, or fcash as your core investment position at fidelity As an investor, you want to make informed decisions that will optimize your portfolio’s performance In this article, we will examine the key features and benefits of fzfxx, spaxx, and fcash and help you determine which is the best core position for you.
By greg9840 » tue jul 02, 2013 4:31 am i'm surprised i haven't seen much talk about this on this forum, since so many people are using fidelity All fidelity accounts come with a core account, called fcash, which is where cash sits, by default. Spaxx is a money market fund from fidelity that provides liquidity and security and is often used to temporarily store cash in a brokerage account Its main benefits are relatively high interest returns and flexible access to funds In contrast, fcash is fidelity's cash management function that provides simpler cash storage, but may have lower interest rates Spaxx is generally suitable for.
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