In a year's time, the income of Dacheng Monetary Fund is definitely higher than that of bank deposits. The details are as follows:

1; There is no tax deduction and handling fee for money funds, and 5% interest tax is deducted for bank deposits.

2; Money funds pay interest with compound interest, but bank deposits are not.

3; The money fund has no time limit. Withdrawal at any time has the same income, so bank deposits cannot be withdrawn in advance.