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  1. WOO X and OpenTrade launch RWA Earn Vaults in line with TradFi-led digital finance shift
    GlobeNewswire | 04/22/24 05:00 AM EDT

    WOO X, in collaboration with OpenTrade, has launched RWA-backed Earn Vaults, enabling users to earn yield from real-world, high-quality financial assets like U.S. Treasury Bills, aligning with the industry?s shift towards digital finance amidst blockchain?s transformative impact on traditional markets.

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

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.