Yes, during the overnight processing cycle for money movement associated with a Fidelity account, automatic investment (AI) is generally processed first, followed by PWS second, and Cash Manager third. This means that if a Fidelity Cash Management Account or a Cash Manager funding account has a mix of the above money movement features enabled, funds will be moved based on the processing priority outlined above. Any money movement transaction which impacts the account’s core cash balance (for example: purchase, wire check redemption, IRA contribution) may affect PWS, AI, or Cash Manager money movement.