China Asset Management 30 Day A is a short-term financial management fund, and China Fortune Treasure Currency is a currency fund.

The similarities between the two are: both are cash management tool products, emphasizing liquidity; both use the amortized cost method for valuation, and publish 10,000 earnings and 7-day annualized rate of return indicators every day.

The difference between the two is: in the former, investors must lock it for 30 days before they can redeem it. If they remember the wrong date, the redemption will fail and affect investors' use, while the latter can be redeemed at any time.

Theoretically, the former has a lock-in period, so its scale is more likely to remain stable, making it easier for fund managers to invest, making its investment returns higher than those of money funds.

In fact, the recent income of the former is slightly lower than that of the latter, but it can be ignored.

Which one to buy mainly depends on the needs of investors, whether they value liquidity or income. The one that is suitable is the best.

Personally, I prefer to buy currency funds because the returns are similar or even exceed them, but the liquidity is much higher.