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Before investing, consider the investment objectives, risks, charges and expenses of the fund or annuity and its investment options Higher turnover means higher trading fees. Contact fidelity for a free prospectus and, if available, summary prospectus containing this information.
Fidelity government money market fund, spaxx is a very expensive fund that costs.42% Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations I spent hours comparing this to spaxx, thinking i was being smart about maximizing yield
But here’s the reality check i had to face
That same 0.42% expense ratio is still there, eating into those returns Spaxx with $319.3b aum and expense ratio of 0.42% A money market fund investing in u.s Government securities and repurchase agreements.
Compare spaxx and sgov across key investment metrics, including historical performance, risk, expense ratio, dividends, sharpe ratio, and more, to determine which asset aligns better with your portfolio strategy. Complete fidelity government money market fund funds overview by barron's View the spaxx funds market news. Spaxx has an expense ratio of 0.42%
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