This year, with the popularity of internet finance, money funds have become the "toon" in the eyes of investors. By the end of the year, the shortage of funds made the average rate of return of the money fund increase continuously, and the money fund also appeared the "golden period" of investment at this special time. What are the investment directions of the money fund? Many people may have noticed the investment direction of the money fund, but some people have never thought about it, that is, treating it as a short-term financial management product. According to the Interim Provisions on the Management of Money Market Funds, the investment directions of China's money funds include: "cash, bank time deposits within one year (including one year) and large deposit certificates; Bonds with a remaining maturity of 397 days (including 367 days); Bond repurchase with a term of one year or less; Central bank bills with maturity of one year or less; Money market instruments with good liquidity recognized by China Securities Regulatory Commission and China People's Bank ". The money fund is also an open-end fund product, and the investment direction of the money fund can only be carried out in accordance with the above provisions. It is only because of its liquidity that it is called the house opening fund. Of course, compared with the bank's fixed term, its interest rate is significantly higher. Compared with other funds, its investment feature is that for small investors, there are not many idle funds available for investment. At this time, if they put these funds into other big funds, the result may be obvious. As for the investment direction of the Monetary Fund, I think everyone will understand that there are provisions stipulating the investment direction of the Monetary Fund. Money funds don't mean investing at will.