When it comes to money funds, some people may be unfamiliar, but when it comes to Yu 'ebao, most people probably know that Yu 'ebao is actually a kind of money fund, so what kind of money is suitable for putting in the money fund? What is the money of the Monetary Fund used for investment? We have prepared relevant contents for your reference.
what kind of money is suitable for the money fund?
1. Money that needs to be withdrawn at any time
Some investors are not sure when the money will be used. If you invest in fixed-term wealth management products, you can't withdraw them before they expire, so it will be inconvenient. However, if you invest in money funds, the liquidity of the money funds is very good, and most of them can be received on T+1, and the time of receipt is relatively fast.
2. Small funds and large funds
Small funds and large funds can be placed in the money fund, because the risk of the money fund is very small, the income is relatively stable, and the fund fluctuation is relatively small, so both small funds and large funds are more suitable to be placed in the money fund.
what is the money of the monetary fund used for investment?
1. Cash;
2. Bank deposits, bond repurchases, central bank bills, and interbank certificates of deposit with a maturity of less than one year (including one year);
3. Bonds, debt financing instruments of non-financial enterprises and asset-backed securities with a remaining maturity of less than 397 days (inclusive);
4. Other money market instruments with good liquidity recognized by China Securities Regulatory Commission and China People's Bank.