1. What types of funds does the money fund include?
What are the types of money funds? Funds investing in the short-term money market are money funds, including treasury bonds, various commercial bills, bank deposit certificates, corporate bonds and other short-term securities, as well as some financial management tools such as Yu 'ebao and Licaitong, which are popular in the investment market, all belong to the category of money funds.
2. What are the advantages of the Monetary Fund? Low risk is the biggest advantage of the money fund. According to the relevant analysis of the investment market, we can see that the loss rate of fund principal in the money market in one day is very, very small, and the probability of several thousandths is almost imperceptible. But if you hold it for more than a week, the probability of loss is close to zero. The longer you hold the fund, the lower the probability of loss. Money funds do not invest in stocks and have no convertible bonds, so the probability of credit risk will be lower.
Money fund (short for money base): an open-end fund that collects idle social funds, is operated by fund managers and kept by fund custodians, and specializes in investing in low-risk money market instruments.
Characteristics of monetary fund. Principal security: the cargo base is almost equal to the strong liquidity of cash: the fund can receive the money in a day or two. Most money funds generally have the income level of national debt investment. Investment expenses: handling fees, subscription fees, subscription fees and redemption fees are exempted for buying and selling monetary funds, but management fees, custody fees and sales service fees are charged. You can choose the one with low rate.
The difference between AB after the name of monetary fund. The subscription threshold of money funds with suffix A is relatively low, which is suitable for ordinary investors, starting from 100 yuan; The subscription threshold of money funds with suffix B is relatively high, which is suitable for investors or institutions with large funds, with 5 million subscriptions.
How to choose a high-yield monetary fund
1) Establishment time: 3-5 years or above is preferred. If the establishment time is too short and there is no historical rate of return to refer to, it is difficult to make a judgment;
2) the principle of safety and liquidity, choose a money fund with a high proportion of retail investors (the liquidity risk is relatively low when the proportion of retail investors in the cargo base exceeds 60%); I tend to choose a cargo base with a high proportion of retail investors, because the currency with a high proportion of institutions will be purchased and redeemed very frequently, because institutions are highly sensitive to the interest rate market and have a large amount of funds, so frequent redemption by institutions will have a certain impact on the safety and liquidity of the overall cargo base.
3) the principle of rate of return, choose a medium-sized money fund (choose 8-40 billion yuan). Most people will think that the bigger the cargo base, the better. This is a wrong traditional thinking. From the perspective of yield, the bigger the better. This should start with the investment varieties of the cargo base. The cargo base mainly invests in bank deposits, central bank bills, interbank deposit certificates, etc. If the cargo base is small, there is no way to negotiate with the bank. What's wrong with the cargo-based meeting? If the cargo base is too large, it will face the situation that there are not so many high-quality targets put into the market. At the same time, when the market interest rate rises, the scale of funds is too large to quickly convert the target immediately. This is the old saying, when you cross the bridge, your income will naturally rise slowly.