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".

Main differences between money fund and P2P financial management;

1, different transparency. P2P is a personal loan, so the financial manager knows the details of the borrower very well. Trust wealth management products are not like this.

2. The income is different. P2P is a new industry, and the interest rate has not been marketized. So its income varies greatly. Trust wealth management products have existed for many years, so the income is relatively stable.

3. The risks are different. At present, P2P is more risky than trust. But if you choose the right platform, the risk can be controlled.

4. The investment threshold is different. The threshold of P2P financial management is low, but the investment in trust financial products is generally above 654.38+0 million.

5. The direction of funds is different. P2P financing funds will generally flow to small and medium-sized enterprises or individuals. However, the funds of trust wealth management products will be concentrated on major projects.

6. Financial management time is different. P2P financial management has long-term financial management mode and short-term financial management mode, so the time is not fixed. However, trust wealth management products are generally one to two years.

Twelve forbidden behaviors of P2P:

(1) Using the Internet platform of the institution to finance itself or its affiliated borrowers;

(2) directly or indirectly accepting and collecting the lender's funds;

(3) Providing a guarantee to the lender or promising to protect the principal and interest;

(four) to publicize or recommend financing projects to unregistered users of the real-name registration system;

(5) Granting loans, except as otherwise provided by laws and regulations;

(6) Time limit for splitting financing projects;

(seven) sales of bank wealth management, brokerage asset management, funds, insurance or trust products;

(eight) in addition to peer-to-peer lending as stipulated by laws, regulations and relevant regulatory provisions, any form of mixing, bundling, investment agency, sales agency, promotion and brokerage business with other institutions;

(9) Deliberately fabricating and exaggerating the authenticity and income prospects of financing projects, concealing the defects and risks of financing projects, making false one-sided propaganda or promotion by vague language or other deceptive means, fabricating and disseminating false or incomplete information, damaging the commercial reputation of others and misleading lenders or borrowers;

(ten) to provide information intermediary services for financing investment in the securities market;

(eleven) engaged in equity crowdfunding, in-kind crowdfunding and other businesses;

(twelve) other activities prohibited by laws and regulations and regulatory provisions related to peer-to-peer lending.

Extended data:

P2P is the abbreviation of English person-to-person (or peer-to-peer), which means partner-to-partner. Also known as Peer-to-Peer peer-to-peer lending, it is a private micro-lending model, which gathers small amounts of funds and lends them to people who need them. It is the product of Internet finance (ITFIN). It belongs to private microfinance, an online credit platform built with the help of Internet and mobile Internet technology, and related financial management behaviors and services.

References:

Baidu Encyclopedia-Money Fund Baidu Encyclopedia -P2P