I. The redemption limit of the Monetary Fund will take effect on July 1 day.
On June 1 day, the CSRC and the central bank jointly issued the "Guiding Opinions on Further Regulating Internet Sales and Redemption of Money Market Funds", stipulating that the withdrawal amount of T+0 Internet money funds for quick redemption in one day will be limited to 1 10,000 yuan from July 1 day.
Second, the countermeasures
1. Buy more money funds.
If you think that the quick redemption amount of 1 10,000 yuan per day can't meet the demand, you can buy multiple funds from multiple channels at the same time. For example, if you buy three money funds from three financial platforms at the same time, you can withdraw 30 thousand yuan every day.
2. Bank wealth management products
T+0 wealth management products of banks generally have no redemption restrictions. If your investment amount is relatively large, you may wish to consider the bank's wealth management products. Many banks have similar wealth management products, and the initial purchase amount is 50,000 yuan or 65,438+10,000 yuan. The seven-day expected annualized rate of return is about 3%~4%, which can be redeemed quickly before the trading day 16:30. The headmaster can get to the station at once, without restriction.
However, we feel that although there are fewer restrictions on bank wealth management products, the threshold is higher for most people.
Summary: For most ordinary investors, the daily quota of 1 10,000 yuan can basically meet the daily spot consumption, and it does not have much impact. Moreover, the limit did not affect Kiptoon's T+ 1 redemption goods. In fact, we don't think it is necessary to handle it specially if temporary large-scale capital turnover is not often needed.