Money Market Fund

Learn about Fidelity’s government money market fund SPAXX, which typically invested 100% or more in cash or cash equivalents in the form of short-term US government securities or repurchase agreements that are fully-collateralized by cash or securities.

SPAXX vs. FDIC: Risk Comparison & Analysis

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Someone asks:

Which one is best under the Roth IRA with Fidelity. SPAXX (Fidelity Government Money Market Fund) or FDIC (Insured Deposit Sweep Program)?

What’s the Difference Between SPAXX and FDIC?
SPAXX and FDIC are money market funds…

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