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Fidelity® Cash Management Funds Prime Fund Daily Money Class (FDAXX)

0.01%
Yield
0.00%
1 Day
-99.00%
Year-to-Date
Overall Morningstar Rating
Money market-taxable
Style or Category
No Load
Sales Expenses
0.74%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks to obtain as high a level of current income as is consistent with the preservation of capital and liquidity. The fund invests in U.S. dollar-denominated money market securities of domestic and foreign issuers rated in the highest category by at least two nationally recognized rating services, U.S. government securities, and repurchase agreements. It enters into reverse repurchase agreements. The fund invests more than 25% of total assets in the financial services industries. It invests in compliance with industry-standard regulatory requirements for money market funds for the quality, maturity, and diversification of investments.

Performance

1 month-- 3 years--
3 months-- 5 years--
1 year-- Since inception+3.98%
Data through --

Peer Comparisonvs. Money market-taxable

 FDAXXCategory
Performance 5-yr return--+0.02%
Expense ratio0.74%0.55%
Risk 5 year sharpe ratio-4.05-3.22
Net assets$16.1B$7.9B
Average market cap----
Average P/E----
Portfolio turnover0%0%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureManagement Team / 8 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00

Holdings

Cash94.28%
Fixed income5.72%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.

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