Bond funds and money funds are the types of funds that investors pay more attention to because of their low risk and stable income.
Among bond funds and money funds, the investment direction of bond funds is the bond market, such as government bonds, corporate bonds and corporate bonds. The investment direction of monetary funds is the money market, such as central bank bills and commercial bills.
Monetary fund is an open-end fund.
In addition, bond funds have more advantages than single bonds by investing in different types of bonds with different maturity structures.
Money funds have no interest tax and can be redeemed at any time.
Monetary funds and bond funds have the following advantages:
1, low risk
2. Good liquidity
3, the total cost is low