1, fund size. Choose larger monetary funds, such as Huaxia Cash Monetary Fund and Huitianfu Income Quick Money Monetary Fund, because they usually have better liquidity and more stable income.
2. Historical performance. Choosing a monetary fund with good historical performance shows that the fund performs well in managing risks and obtaining income, such as Huaxia Cash Increase Monetary Fund and Huitianfu Full Insurance Monetary Fund.
3. Fees and taxes. Choose a fund with lower fees and preferential taxes to avoid unnecessary losses.
4. Risk tolerance and investment objectives. According to the individual's risk tolerance and investment objectives. If you pursue lower risk, choose a fund with larger scale, better historical performance and lower cost; If you pursue higher returns, you may need to accept higher risks and choose a fund with moderate scale, good historical performance and higher expenses.
5. Combining the above factors, you can make a more suitable investment choice. At the same time, it should be noted that the rate of return is not the only measure, and other factors need to be considered, such as the risk and historical performance of the fund.