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What's the difference between money funds A and B?
Monetary fund has the characteristics of low risk and strong liquidity. Many investors like to keep their spare money in the money fund, which can not only be taken out in time when needed, but also bring benefits to themselves. There are two kinds of money funds, AB, so what's the difference between money funds A and B?

What's the difference between money funds A and B?

Money funds A and B represent two kinds of subscription thresholds of money funds.

1 money fund a refers to the category with relatively low subscription threshold. The subscription threshold of Monetary Fund A is 100, that is, 100 yuan, but the sales service fee is relatively high.

2 Money Fund Category B refers to the category of money funds with relatively high purchase threshold, while the starting purchase threshold of money funds of Category B is relatively high, usually 5 million yuan, but the sales service fee will be lower.

Many types of foundations use letters to indicate differences. In open-end funds, A and C are mainly used to indicate the different charging methods. In graded funds, A and B are used to represent different types of shares.

The above is about the sharing of fund content, I hope it will be helpful to everyone.