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GOAXX

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Analysis and statistics

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About

GOAXX.US represents the Fidelity Treasury Only Money Market Fund. This fund seeks to provide as high a level of current income as is consistent with the preservation of capital and liquidity. It invests exclusively in U.S. Treasury securities, repurchase agreements fully collateralized by U.S. Treasury securities, and cash. As a money market fund, it aims to maintain a stable net asset value (NAV) of $1 per share. The fund is designed for investors seeking a low-risk, liquid investment option.
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Factors

Interest Rates: GOAXX's price, being a money market fund, is heavily influenced by short-term interest rates. Rising rates generally lead to higher yields and potentially higher share prices.

Credit Risk: The creditworthiness of the securities held in GOAXX's portfolio, such as government or corporate debt, impacts its price. Higher risk implies potentially lower prices.

Supply and Demand: Investor demand for GOAXX shares can affect its price, although money market funds typically maintain a stable net asset value (NAV).

Fund Management: The fund manager's investment decisions, including security selection and maturity management, can influence GOAXX's performance and thus its price.

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