Money fund is the least risky of all fund types, but the return is also not particularly high. However, many people prefer stock-based fund types when buying funds and feel that the return is high, but some people will recommend buying money funds instead of high-risk funds. So why buy money funds? Is it necessary to buy a money fund? We have prepared relevant contents for your reference.

why buy a money fund?

because the money fund invests in the money market, the risk is relatively small and the income is relatively stable. Secondly, the transaction cost of the money fund is relatively low, in which the subscription and redemption fees are free and the management fee is lower than other types of funds.

In addition, the starting point of money funds is relatively low. For example, Yu 'ebao and Coin Pass belong to one kind of money funds, and they can be purchased at .1 yuan, which is almost available to everyone, but the funds are too low to make any money.

is it necessary to buy a money fund?

This varies from person to person. If you want to manage money to make money, it is necessary. If you don't want to manage money to make money, it is unnecessary. Although the income of money funds will not be high at once, there will be few losses, and the income is relatively stable and the risk is relatively low.

In addition, the liquidity of the money fund is relatively good, and it can be deposited and withdrawn at any time, which is very convenient. When you buy, you can look at the past performance of the money fund and try to choose the one with good past performance. Although the past performance does not represent the future, it will still have some reference.