Advantages of monetary fund
1, capital preservation, floating income, money market fund investment risk is very low, which can ensure the safety of principal.
These funds are highly liquid. Under normal circumstances, money funds are short-term investments and can be purchased and redeemed at any time. After applying for redemption, you can get the money within 2 days, which is highly liquid and has both the liquidity of demand deposits and the yield of time deposits.
3. Compared with savings, the interest rate of money funds is higher than that of bank deposits, and the income is higher.
4. Low risk. The issuers of financial instruments held by money market funds and the participants in the money market are both financial institutions or government departments with extremely high credit ratings, so the credit risk and operational risk are low, which is suitable for steady investment and meets the safety requirements.
5. Low starting point and convenient operation. The subscription starting point of money market funds is mostly around 1 10,000 yuan, and some can start at 1 yuan. The operation is simple and very convenient.
6. There is no need to pay the formalities fee, and there is no need to pay the subscription and redemption fee when purchasing this fund, so the cost is low.
You can choose lufax platform for investment and financial management. For investment projects in lufax, you can mainly choose the projects you want to invest in through odd jobs, regular wealth management, online loans, funds, private asset management, insurance, member trading areas and other channels. The annualized interest rate, investment period and initial investment amount of the project can be seen at a glance, so that your funds can increase in value.