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FJXAXX

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Analysis and statistics

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About

FJXAXX.US represents the Fidelity Advisor Government Money Market Fund Class A, a money market mutual fund offered by Fidelity Investments. These funds typically invest in short-term, high-quality debt securities issued or guaranteed by the U.S. government or its agencies, striving to maintain a stable net asset value (NAV) of $1 per share. The primary objective is to seek current income consistent with the preservation of capital and liquidity, making them considered a relatively low-risk investment option suitable for cash management purposes.

Factors

Interest Rates: The primary driver of FJXAXX.US's yield and price. Higher rates typically increase yield and potentially decrease price due to alternatives.

Economic Conditions: Economic growth and inflation expectations influence interest rate policies, indirectly affecting FJXAXX.US's returns.

Money Market Fund Flows: Large inflows can dilute yield, while outflows may necessitate asset sales, potentially impacting price stability minimally.

Credit Risk (Limited): Very small risks are tied to the securities held by FJXAXX.US; however, those risks are still present.

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