First, compare risks and benefits.
When choosing a fund, you often look at the risks and benefits first. Short-term asset management fund or money fund, which has higher income? The data shows that the seven-day average annual returns of 570 monetary funds (calculated by different shares) are 4%, and the seven-day average annual returns of 82 short-term asset management funds (calculated by different shares) are 4%, which are 1 1% respectively. On average, the yield of short-term asset management funds is slightly higher.
Judging from the performance of the funds with the best and worst returns, there is little difference between short-term asset management funds. Among the short-term asset management funds, the fund with the highest annual income in 7 days is 5.32%, and the fund with the lowest annual income is 3. 15%. Among the money funds, the highest annual income is 6.62% and the lowest is 0.67%.
Income and risk are equal, and risk can only be seen after income comparison. To judge the risk of the fund, we must look at the investment of the funds. Compared with fund contracts, the two funds have similar investment directions, mainly flowing to financial assets such as deposits and bonds, and the risk level is also a low-risk asset management product.
Second, compare liquidity and exchange rate.
Everyone generally recognizes the liquidity of money funds. Now many money funds can redeem T0 and T 1, especially baby products, which can basically redeem the funds of the day, and some can even collect them once every second.
From the perspective of short-term asset management funds, such funds have a product term, mainly 7 days, 14 days, 2 1 day, 30 days and so on. Most of them can only be repurchased after maturity. When purchasing, we must consider the use period of funds to avoid the embarrassment of not being able to repurchase in time when spending money.
However, this time limit has both advantages and disadvantages. Short-term asset management funds are not affected by repurchase and are simple to operate, which is one of the reasons why their income is slightly higher than that of money funds. However, investors should pay attention to the fact that due to time constraints, the repurchase opening day of some asset management funds is only 1 day, and missing the repurchase time may affect the efficiency of the use of funds. In addition, for long-term idle funds, short-term asset management funds are very troublesome.