Monetary funds are low-risk products. There are no handling fees for transactions, and the expected returns can be seen every day. The interest rates are generally higher than bank demand deposits, and they can be paid easily when money is needed. Therefore, many people no longer deposit money in banks, but in currency funds. So where is the best place to buy currency funds?

1. Where to buy money funds

1. The official platform of the fund company. You can purchase directly through the official website or APP of the fund company and follow the prompts.

2. There are many issuers of monetary funds from major banks, and they generally sell them through banks. Therefore, investors can choose the corresponding fund in the financial management column through the online banking or mobile banking of major banks. Make a purchase. If you are worried or don’t know how to operate it, you can also go to a local bank branch to make a purchase.

3. Securities companies Some currency funds can be purchased through stock accounts, and the operation method is similar to buying and selling stocks. When purchasing this type of fund, investors can first open a fund account with a securities company, and then purchase the corresponding fund through the account.

4. Third-party platforms Third-party platforms such as Alipay, WeChat, and JD Finance all have currency fund purchase channels.

2. Currency Fund Buying Tips 1. The expected return on investment of a currency fund mainly refers to the 7-day annualized expected return and the historical expected return of the fund. Try to choose the one with the highest expected return and a comparative Stable fund. 2. Compared with new money funds, old fund products are generally relatively mature in operation, and their past performance is more valuable for reference. Therefore, when buying money funds, there is a saying that you should buy old funds rather than new ones. It would be safer to choose a currency fund with a longer issuance time and more stable expected returns. I hope the above content about where to buy currency funds will be helpful to everyone. Warm reminder, financial management is risky, so investment needs to be cautious.