Monetary fund:

Monetary fund is an open-end fund that collects idle social funds, is operated by fund managers and kept by fund custodians. It specializes in investing in low-risk money market instruments, which is different from other types of open-end funds. It has the characteristics of high security, high liquidity, stable income and "quasi-savings".

Financial products:

Monetary fund is an open-end fund that collects idle social funds, is operated by fund managers and kept by fund custodians. It specializes in investing in low-risk money market instruments, which is different from other types of open-end funds. It has the characteristics of high security, high liquidity, stable income and "quasi-savings".

2, the degree of safety is different.

Monetary fund:

Money fund is the lowest risk of all funds, similar to bank deposits, and it is more convenient for funds to enter and leave than deposits. The yield is also relatively low, higher than the deposit interest rate, and the money fund belongs to the type of low risk and low income.

Financial products:

The funds raised by wealth management products will be invested by commercial banks in relevant financial markets, and the fluctuation of financial markets will affect the principal and income of wealth management products. The factors that cause price fluctuation in the financial market are very complicated, and the price fluctuation is large, and the financial products purchased by investors are also facing great market risks.

3. Different liquidity

Monetary fund:

Money funds are highly liquid, and customers can purchase and redeem them at any time, which is very convenient.

Financial products:

Generally speaking, wealth management products cannot be redeemed in advance. If it is redeemed in advance, it will also lose some income and its liquidity is limited.

Baidu Encyclopedia-Monetary Fund

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