Money fund is a low-risk and high-liquidity investment tool, so how should a novice buy money fund? How do novices buy money funds? The following is how a novice who is prepared by Xiaobian buys a money fund. Welcome to refer to the reading lamp, I hope it will help you!
How do novices buy money funds
1. fund company purchase: money funds can be purchased directly at the fund company counter or the securities business department.
2. Bank purchase: Money funds can be purchased through banks. For example, after the risk assessment, the one-card customers of China Merchants Bank can buy money funds through four ways: quitting Taiwan, online banking, mobile banking and telephone banking.
3. Third-party platform purchase: Money funds can also be purchased through third-party platforms such as Alipay Ant Wealth and WeChat Wealth Management.
Is it possible for the money fund to lose money?
The loss probability of the money fund is very small. Although the money fund does not break the capital, it will basically not generate losses. It has the characteristics of high liquidity, low risk and stable income, and is suitable for investors with low risk tolerance or high liquidity requirements.
How does the money fund make money?
1. Income source: The income of the Monetary Fund mainly comes from the interest on bonds held and the interest on deposits. Fund companies will invest in low-risk, short-term fixed-income products, which usually provide relatively stable interest returns. Fund managers can maximize their returns by optimizing their investment portfolios and choosing high-quality bonds.
2. Management fees: Monetary funds usually charge management fees, which will be deducted from the total assets of the fund. Therefore, when buying money funds, we should pay attention to the rate and choose funds with lower rates. Low management costs can improve the return on investment.
3. Changes in net value: The net value of the Monetary Fund is generally stable, usually based on 1 yuan. However, due to fluctuations in market interest rates and bond prices, the net value of the money fund may rise or fall slightly. This change in net worth usually has little effect on investors.
How do novices buy money funds?
1. Understand the basics: As a novice, you must first understand the basic concepts, characteristics and risks of the Monetary Fund. You can expand your knowledge by reading relevant investment books, looking up financial information online or consulting professionals.
2. Choose a suitable fund company: Before deciding to buy a monetary fund, it is recommended to choose a fund company with good reputation, standardized management and reasonable rate. You can refer to the historical performance of the fund company, management team, the type and scale of fund products and other factors for evaluation.
3. Opening a securities account: You need to open a securities account to buy a money fund. You can open such an account in the sales department of the fund company or the securities broker of the stock exchange. It is usually necessary to provide identity documents, bank account information and other materials.
4. Buy money funds: You can buy money funds directly on the exchange or online trading platform during trading hours through securities accounts. Select the target fund, enter the purchase amount, and complete the transaction according to the system prompt. Please note that different brokers and trading platforms may have different operating procedures.
5. Regular monitoring and management: after purchasing the money fund, regularly monitor the performance and market situation of the fund. According to the individual's investment objectives and risk tolerance, the investment portfolio can be adjusted or revalued in a timely manner.
What is a money fund?
Monetary fund is an open-end fund that collects idle social funds, is operated by fund managers and kept by fund custodians. It specializes in investing in low-risk money market instruments, which is different from other types of open-end funds. It has the characteristics of high security, high liquidity, stable income and "quasi-savings".
Investment skills of monetary fund
Investors should try to choose a relatively large-scale monetary fund with excellent long-term performance to invest, because the larger the scale, the greater the operating space of the fund, which is more conducive to investment operation and can better control liquidity risks. Companies that are good at making money funds in the market include ICBC, Credit Suisse, Jianxin, Nanfang and Wanjia.
Remember one thing when choosing a money fund: don't just look at who has a higher income at a certain point, but choose one with a relatively stable rate of return.
Tips for novice Xiaobai Fund to make money
Vote honestly without knowing the timing.
There are two ways to buy funds, one-time investment and bulk purchase.
One-time investment, also known as allin, pays attention to buying timing and needs strong timing ability.
There are also three ways to buy in bulk-regular quota, irregular quota and irregular quota.
Beginners can start with a fixed quota, that is, the so-called fixed investment, choose a fixed time, set a fixed amount, and invest in a fixed fund product, such as investing in a designated open-end fund with a fixed amount (such as 50 yuan) every Tuesday.
It allows you to buy less when the price is high than those who follow the trend, and more when the price is low than those who run the wind. Generally speaking, your cost is less than most people's, your risk is lower than theirs, and your earning is more stable.
The operation of fixed investment is also very simple.
Take Alipay as an example, click Wealth Management-Fund, and enter the corresponding fund code or name in the search box (you can first screen out the appropriate fund in the way I said above on Tian Tian Fund Network, and write down the name or code).
Then click "Enter" to view relevant information, click "Fixed Investment" at the bottom after confirmation, set the fixed investment amount, payment method and fixed investment period, and click "OK".
Here is a smart fixed investment button. If it is turned on, the actual amount of each purchase will be determined according to the valuation. If it is not opened, it will be purchased according to the amount you set.