China-Canada Currency A is a currency fund issued by China-Canada Fund Company and can be purchased on Alipay.

Some friends asked us, how about the Chinese-Canadian currency a?

Today we will evaluate this fund for you from many aspects to see if it is worth investing in.

China-Canada Currency A was established in October 2013, with assets reaching 2.048 billion yuan.

According to the data, its seven-day annualized expected rate of return is 2.65%. This expected rate of return is similar to Yu'e Bao, and has no advantage over similar funds.

Judging from historical performance, the fund has achieved an expected return of 3.63% in the past year, ranking 350/645 among monetary funds, and its performance capabilities are quite satisfactory.

Is China-Canada currency a safe?

China-Canada Currency A is not principal-guaranteed.

However, as a currency fund, its risk level is the lowest among all funds.

Monetary funds have never experienced principal losses in history, and the safety of China-Canada Currency A can be assured.

From the perspective of investment direction, China-Canada Currency A mainly invests in bank deposit certificates, treasury bills and short-term bonds.

Needless to say, the safety of bank deposit certificates goes without saying.

From the perspective of position types, most of the short-term bonds invested by China-Canada Currency A are interest rate bonds guaranteed by national credit. The principal safety factor is very high, so the risk of China-Canada Currency A is very low.

Is the expected return of China-Canada Currency A high?

According to the data, the expected return rate of China-Canada Currency A is 2.65%. Its expected return is similar to that of Yu'e Bao, which is relatively poor among monetary funds.

Judging from its historical performance in the past two years, its average annualized expected rate of return is 3.7%, ranking in the middle-to-upper range among money funds.

China-Canada Currency A supports ordinary redemption, which can be withdrawn before 15:00 on the trading day and credited to the account on the next trading day.

It is not as flexible as Huojibaobao and does not support quick redemption.

Generally speaking, there is no problem with the safety of this currency fund, but the expected return rate and flexibility are not satisfactory.