Fidelity California Municipal Income Fund ClassTicker Fidelity Advisor Form
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People also ask
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What are Fidelity strategic advisor funds?
Each Strategic Advisers Fund, also referred to as a multi-structure fund, owns various investment vehicles in a single fund to achieve a specific investment objective. These Funds can serve as the primary building blocks for your Fidelity managed account. •
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How safe is the Fidelity government money market fund?
Stability & safety While not insured by the FDIC, the funds are required by federal regulations to invest in short-maturity, low-risk investments, making them less prone to market fluctuations than many other types of investments.
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Is Fidelity government money market insured?
Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
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Is my money safe in SPAXX?
SIPC insures against the brokerage going under or mismanaging funds. It doesn't insure against the underlying asset losing money. SPAXX can lose money, just like any investment, but it is considered extremely safe. On the other hand, FDIC insurance actually protects against losses, so your principal is guaranteed.
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How safe is a government money market fund?
Of all types of money market funds, government funds can be considered the safest. At least 99.5% of their assets are backed by the full faith and credit of the U.S. government.
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Is FCTFX tax free?
Seeks a high level of current income, exempt from federal and California personal income taxes. Normally investing at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal and California personal income taxes.
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What is the most aggressive Fidelity fund?
Most Aggressive Asset TypeFund NameAllocation Foreign Stock Fidelity International Value Fund (FIVLX) 17.00% Domestic Stock Fidelity Blue Chip Growth Fund (FBGRX) 9.00% Domestic Stock Fidelity Contrafund (FCNTX) 17.00% Domestic Stock Fidelity Extended Market Index Fund (FSMAX) 5.00%5 more rows
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Is the Fidelity Money Market Fund safe?
While not insured by the FDIC, the funds are required by federal regulations to invest in short-maturity, low-risk investments, making them less prone to market fluctuations than many other types of investments.
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