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What is a money fund? Can you recommend it? Is Haifutong Monetary Fund OK?
Monetary fund is an open-end fund that collects idle social funds, is operated by fund managers and kept by fund custodians. It specializes in investing in risk-free money market instruments, which is different from other types of open-end funds. It has the characteristics of high security, high liquidity, stable income and "quasi-savings".

Haifutong currency can, and its performance is very stable. Investment objective: On the premise of ensuring the safety of principal and sufficient liquidity of assets, pursue the income exceeding the performance comparison benchmark. Investment scope and investment object: cash; Bank time deposits and certificates of deposit within one year (including one year); Bonds with a remaining maturity of less than 397 days (inclusive); Bond repurchase with a term of less than one year (including one year); Central bank bills with a maturity of less than one year (including one year) and other money market instruments with good liquidity recognized by China Securities Regulatory Commission and China People's Bank. Performance benchmark: one-year bank time deposit interest rate after tax.