Free Money Market Sweeps
Seaport Securities provides a FREE service that enables the uninvested cash or “free credit balance” in your brokerage account to earn income.
The money fund sweep feature automatically invests in and redeems funds from the NFS / National Financial Services LLC
NFS/ National Financial Services LLC
You could lose money by investing in a money market fund. Because the share price of the fund will fluctuate, when you sell your shares they may be worth more or less than what you originally paid for them. The fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund’s liquidity falls below required minimums because of market conditions or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Fidelity Investments and its affiliates, the fund’s sponsor, have no legal obligation to provide financial support to the funds, and you should not expect that the sponsor will provide financial support to the fund at any time.
Before investing, consider the funds’ investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.