In the fund market, the letters behind different types of funds have different meanings. For example, Class A graded funds in graded funds belong to the agreed income share, while Class B graded funds belong to the leveraged share, which is leveraged. Do you know what the letter abe in the money fund stands for?

What does Abe mean in the money fund?

Abe in the monetary fund represents the difference in the starting point of fund subscription;

1a Monetary Fund has the widest application scope. For ordinary investors, the subscription starting point ranges from 1 yuan to 1000 yuan.

2b Monetary funds are usually aimed at institutional customers or customers with large funds, and the minimum subscription starting point is generally relatively high.

3e money funds are usually sold through special channels, which is generally a share specially set up for e-commerce sales.

The above introduces the meaning of Abe in the money fund for everyone, and I hope the answer will be helpful to everyone.