For the most part, financial advisors will tell their clients that it's better to stay invested than to let cash sit idle. One way to consider staying invested is through short-term bond funds — and Fidelity has a trio of ETFs that are worth considering just for this purpose.
Investors shifting their focus to long-duration bonds may be overlooking a compelling opportunity in ultra-short and short-duration bonds. In the current economic environment, many investors are naturally drawn to the allure of long-duration bonds.
Many investors are still sitting on the sidelines in cash, potentially missing out on the short duration fixed income segment. Importantly, investors sitting in cash via money market funds have earned a compelling rate without taking on much risk.