According to the regulations of the People's Bank of China, only bank deposits (current + time deposits) are risk-free, and any other form of assets is risky. The risk of money funds is very low. Money funds mainly invest in bonds, central bank bills, repurchases and other extremely safe short-term financial products. The longest term cannot exceed 397 days.

There are no subscription and redemption fees for money funds. Subscription is T+1, redemption is T+1, T+2 is preferable, and it has high security, high liquidity, and stable profitability.