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FCMEXX

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    13.0509$
  • Previous Close
    13.0509$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FCMEXX.US is the ticker symbol for the Fidelity Cash Management Fund (Fidelity Treasury Only Money Market Fund). It is a money market mutual fund designed to provide a high level of current income consistent with the preservation of capital and liquidity. The fund primarily invests in U.S. Treasury securities, repurchase agreements collateralized by U.S. Treasury securities, and other U.S. government agency securities, making it generally considered a very low-risk investment option. Investors utilize it for short-term savings, parking cash, or as a holding place before investing in other securities.
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Factors

Federal Funds Rate: When the Fed raises or lowers this rate, FCMEXX's yield and price adjust to reflect the change. A higher rate generally increases yield and price.

Inflation: Higher inflation often leads to expectations of interest rate increases, which can affect FCMEXX prices, making them adjust higher.

Economic Growth: Stronger economic growth can lead to higher interest rates as demand for money increases, impacting FCMEXX's yield and price positively.

Money Market Fund Demand: Increased demand can drive up the price of FCMEXX as more investors seek its stability and liquidity.

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