How to choose a money fund?
Novices are not very clear about how to choose money funds because they have just entered the market. Mainly from the following aspects:
1 Look at the long-term performance. When screening money funds, we must look at their past performance, whether they are in the forefront, and whether their fund companies have a strong fixed-income team as support.
2 Look at the scale. You can choose a monetary fund with large capital scale. Because money funds face frequent purchase and redemption every day, the larger the scale, the smoother the impact of fund redemption.
3 look at liquidity. The liquidity of the money fund is very important, and the money fund that can achieve T+0 service has become the first choice for investors.
4 look at the old and new. With the growth of age, money market funds become more and more popular. The old fund is mature in operation, has certain investment experience and holds many high-yield varieties.
5 look at the product line. When the market is bad, investors can use the function of future fund conversion to help them avoid risks and improve their income. So try to choose fund company products with perfect product lines.
6 Look at A and B. At present, all monetary funds are mainly divided into A-level funds and B-level funds. The two are mainly due to different investment thresholds. The income of B-level funds is higher than that of A-level funds, but the initial investment amount is more than one million. As an ordinary investor, it is more suitable for A-level funds.
7 Look at the deadline. In general, money funds are more suitable for temporary funds such as liquidity and short-term funds. For medium and long-term immobile funds of more than one year, products with higher returns such as national debt and bond funds are more suitable for investment.