How to add cash positions?

KurtMarch 17, 24 | Posted in General

I am looking for suggestions on how to handle the cash portion of a portfolio. Currently it is in a Fidelity Money Market Fund which isn't recognized. I am looking for a proxy symbol that would be close.

Thanks.

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Dmitry ShevchenkoMarch 17, 24

Hi, you can use the USD Cash position. Unfortunately, our data provider doesn't offer money market funds. We've requested their addition, but there are some technical challenges. As an alternative, you can also consider using ultrashort-term ETFs, like BIL. Its returns should be pretty close to the ones of a money market fund.

KurtMarch 17, 24

Thanks

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How to add cash positions?

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