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Which is better, E Fund's daily financial management of Chongqing Rural Commercial Bank or Xinhua's current interest rate hike currency?
E Fund's daily wealth management currency A (fund code 000009) belongs to the monetary fund, with low risk, slightly higher income than fixed deposit (4.77% in the latest year, good liquidity and high security (generally no loss, but the fund company does not promise to protect the capital), which is a good cash management tool; Monetary funds are suitable for investors with low risk tolerance. Ten thousand returns and seven-day annualized rate of return are announced every day. The return of 10,000 yuan is 10,000 yuan (because the net value of the money fund is always 1 yuan), and the annualized rate of return for seven days is the annualized rate of return after the sum of 10,000 returns of the money fund in the past seven days. For example, E Fund's daily financial currency A2065438+April 2005 65438+May 2005, the daily income is 1.2743, that is, if you hold 1 10,000 shares of the fund (that is, 1 10,000 yuan), the daily income is/kloc-0.

E Fund is the largest money market fund in China at present. It has the characteristics of large scale, strong liquidity management ability and stable income. It is very suitable for institutional investors to manage large capital liquidity, which is equivalent to providing a "capital reservoir". E Fund's daily financial management is aimed at individual investors. Its purpose is to manage idle funds for individual customers. While doing a good job in liquidity management, it also strives to improve investment income to a certain extent, and will realize personalized needs such as future consumption payment.