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Can c1 buy a monetary fund?

Yes, money funds are r1-type products. Money funds invest in money market instruments, such as deposits, certificates of deposit, short-term bonds, central bank bills, etc. Money funds have the least risk among funds, and although they do not promise to protect their capital, they will hardly generate losses.

Monetary funds have the characteristics of high liquidity, low risk and stable income, and are suitable for investors with low risk tolerance or high liquidity requirements.