The upgraded Yu 'ebao platform already has 1 1 monetary funds, namely Great Wall Currency A, Central Europe Qian Bao Currency A, Bosera Cash Expected Income Currency A, Huaan Rixin Currency A, Guotai Bao Li Currency, Jing Shun Great Wall Jingyi Currency A, Guangfa Li Tiantian Currency E, Nuoan Tiantianbao Currency A, Yin Hua Currency A, Dacheng Cash Increase Currency A, and Rongtong Easy Pay Currency A.
How to choose a monetary fund:
First, look at the size of the fund.
The size of the money fund is neither too big nor too small. The scale of the fund is too small, which is easily restricted by risk control and the expected income is unstable; But it is too big, like the trillion-dollar fund scale of Yu 'ebao, but its expected return performance has never been in the forefront of similar money funds. According to the data, the fund size of more than 20 billion yuan and less than 654.38+00 billion yuan is the most suitable, with high expected returns and relative stability.
There are many 1 1 money funds in the upgraded version of Yu 'ebao that meet this condition. You can choose according to your fund size on the product introduction page.
Second, look at the long-term cumulative return ranking.
Looking at the earning power of money funds, we should not pay too much attention to the seven-day annualized expected return and ten thousand expected returns, but should pay attention to the ranking of the long-term accumulated returns of 1, 2 and 3 years among similar funds.
From this point of view, except Guotai Libai (the fund was established less than three years ago), three of the remaining 10 cargo bases have outstanding performance:
In the past 65,438+0, 2 and 3 years, the cumulative income of Huaan Ririxin Currency A was ranked as 365,438+08, 265,438+03 and 65,438+065 respectively, with an average annualized expected rate of return of 3.48%.
Guangfa ranked 248th, 1 27 and148th in its daily profit in the past two years and three years, with an average annualized expected rate of return of 3.5 1%.
The accumulated income of Qian Bao Currency A in Central Europe in the past 1 year, 2 years and 3 years ranked 25th,117th and 6th respectively, with an average annualized expected rate of return of 3.96%.
Summary: In 1 1 Yu 'ebao Monetary Fund, from the perspective of fund size and long-term accumulated income, the best two are Central European Qian Bao Currency A and Huaan Rixin Currency A.
Extended data:
The assets of the Monetary Fund are mainly invested in short-term monetary instruments (generally within one year, with an average term of 120 days), such as treasury bonds, central bank bills, commercial bills, bank time deposit certificates, government short-term bonds, corporate bonds (with high credit rating), interbank deposits and other short-term securities.
In fact, the investment scope of these money market funds are all varieties with high safety factor and stable income. Therefore, for many enterprises and individuals who want to avoid the risks in the securities market, money market funds are a natural haven. Under normal circumstances, you can get higher income than the interest on bank deposits, but the money fund can't guarantee the safety of the principal. (But in fact, due to the nature of funds, money funds rarely lose their principal in reality. Generally speaking, money funds are regarded as cash equivalents. )
Product features:
1. Principal security: Most money market funds have the lowest risk among all kinds of funds. Money fund contracts generally do not guarantee the security of the principal, but in fact, due to the nature of the fund, the loss of the principal of the money fund rarely occurs in reality. Generally speaking, money funds are regarded as cash equivalents.
2. Strong liquidity: liquidity can be comparable to demand deposits. The fund is easy to buy and sell, with short time to receive funds and high liquidity. Generally, the funds will arrive in a day or two after redemption. At present, some fund companies have opened the instant redemption business of money funds, which can be received on the same day.
3. Higher rate of return: Most money market funds generally have the income level of national debt investment. Money market funds can not only invest in investment tools that ordinary institutions can invest in, such as exchange repurchase, but also enter the inter-bank bond and repurchase market and the central bank bill market for investment. Generally, their annual net return rate can be compared with the one-year time deposit rate, which is higher than the income level of bank deposits in the same period. Moreover, money market funds can avoid hidden losses. When there is inflation, the real interest rate may be very low or even negative. Money market funds can keep abreast of interest rate changes and inflation trends and obtain stable and high returns.
4. Low investment cost: Generally speaking, there is no handling fee for buying and selling money market funds, and the subscription fee, subscription fee and redemption fee are all zero, so it is very convenient for funds to enter and exit, which not only reduces the investment cost, but also ensures liquidity. For the first subscription/subscription, 1000 yuan, and for the second subscription, 100 yuan will be increased.
5. Dividend exemption: Most money market funds always maintain the face value of 1 yuan. The income is calculated every day, and there is interest income every day. Investors enjoy compound interest, while bank deposits are only simple interest. Monthly dividends are carried forward as fund shares, and dividends are exempt from income tax.
In addition, general money market funds can also be converted with other open-end funds under the fund management company, which is efficient, flexible and low-cost. When the stock market is good, it can be converted into stock funds, and when the bond market is good, it can be converted into bond funds. When there are no good opportunities in the stock market and bond market, money market funds are a good haven for funds, and investors can seize various opportunities in the stock market, bond market and money market in time.