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View Full Version : Fidelity Money Market Fund Not Insured


fencerider2
01-29-2008, 08:20 AM
Oh my, I know what most were thinking, but its not true.



http://personal.fidelity.com/gen/mflfid/7/31617H300.html

Spartan U.S. Treasury Money Market Fund

Risks
Interest rate increases can cause the price of a money market security to decrease. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund. The rate of income will vary from day to day, generally reflecting changes in short-term interest rates. It is important to note that neither the fund nor its yield is guaranteed by the U.S. Government. Transactions may reduce your yield