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Is the higher the income of the money fund, the better?
Monetary funds are mainly bonds, large deposits and central bank bills with an investment period of less than 397 days, with stable returns and low risks.

The annualized rate of return is around 3-4.5%, slightly higher than bank deposits. But it is much more flexible than bank deposits.

If you want to redeem the money two days in advance, the bank can enjoy the interest on the time deposit only after the deposit expires.