From the manufacturer:
Fender Guitar Cleaner is an easy-to-use formula with a special blend of ultra-fine polishing agents that restore instruments to their original luster. Safely removes haze, oxidation, wax, fingerprints, smudges and grime. Fender Custom Shop polishes and waxes are high-grade carnauba formulations containing no silicones, resins, polymers, bonding agents or alcohol. Our polishes are compatible with all finishes, including nitrocellulose. Fingerprinting and streaking on black finishes is greatly reduced, with absolutely no cloudy build-up.