1, mainly because the investment targets are different, which is the biggest difference between bond funds and money funds. Bond funds refer to funds that mainly invest in bonds, including corporate bonds, government bonds, corporate bonds and convertible bonds. Money funds, that is, money market funds, refer to funds that invest in money market instruments, including certificates of deposit, central bank bills and bond repurchases.
2, the applicable population is different. The risk of bonds is low, so bond funds are generally considered as investment tools with moderate returns and risks. The money fund is less risky and has better liquidity, but its long-term yield is lower.
3. Purchase and redemption. Subscription time and rates are also very different. The subscription fee of the Monetary Fund is 0, but the Monetary Fund withdraws no more than 0.25% of the service management fee from the fund fee. In addition, the net fund value of the Monetary Fund is fixed at 65,438+0.00 yuan/share, and the portion exceeding 65,438+0 yuan will be distributed as dividends, and the income will be distributed daily. The subscription fee of bond funds is generally below 1%, and the unit net value changes every day.
The content of this article comes from People's Republic of China (PRC) Financial Code: Application Edition by China Law Publishing House.