What does southern fund Cash Connect E mean?
Southern fund stands for the monetary fund issued by southern fund, and the letter E stands for the monetary fund sold by designated institutions or platforms or traded in stock accounts. Money funds are only sold on change cards, so there is an e on the suffix.
How about southern fund Cash Connect E
1, fund size
The scale of southern fund Cash Transfer Fund has reached 1 100 million yuan. As mentioned earlier, it is best for the product fund of the money fund to have a moderate scale. Excessive scale, such as Tian Hong Yu 'ebao currency, will reduce the expected income due to the increase in operating costs; Too small a money fund can't negotiate with banks for higher interest rates because of its lack of strength. Southern fund Cash Connect E is a medium-sized money fund, so it has the opportunity to hit a higher expected rate of return.
2. Historical performance
Southern fund Cash Connect E has performed well in history, resulting in losses. At the same time, in recent months, the similar ranking of this product has continued to rise, and the 7-day annualized expected rate of return is also around, which can be said to be in the leading position of the expected return of the Monetary Fund.
3. Asset allocation
Judging from the official asset allocation, the bond production ratio of southern fund Cash Connect E and the distribution ratio of cash to bonds are relatively large. The bond investment of the money fund is strictly regulated, and high-risk investment is illegal. Therefore, from the perspective of asset allocation, we can know whether the expected income source of southern fund Cash Connect E is true and effective.
On the whole, southern fund Cash Connect E is an excellent money fund product. However, due to the quick redemption restrictions of the Monetary Fund, southern fund Cashier E has also been affected. If you need a large transfer, please arrange the funds in advance.