Is Cathay Pacific Cash Management Currency Safe?
To judge whether wealth management products are safe, we can judge them from the perspectives of basic assets and issuers:
1 Basic assets. Cathay Pacific's cash management currency A is a money fund, and the basic assets are money market instruments, that is, financial instruments that can be traded in the short-term capital lending market. Generally, they are issued by entities with high credit ratings such as the government, the central bank and commercial banks, so the basic assets have high security.
Issuer: cathay pacific fund Management Co., Ltd. was established in March 1998 and is one of the first batch of standardized fund management companies in China. With the qualifications of Public Offering of Fund, social security fund investment manager, enterprise annuity investment manager, specific customer asset management business and qualified domestic institutional investor, it is one of the few fully licensed fund management companies in the industry.
From the above, we can see that the security of Cathay Pacific's cash management currency A is very high. As a monetary fund, it also has the characteristics of strong liquidity, which makes it more convenient for investors to purchase and redeem.