The level of monetary fund and one-year fixed income cannot be explained in general, and it needs to be compared under certain conditions. Judging from the annual rate of return alone, there is little difference between the two. Take 12 months in the past 20 14 as an example, the interest rate of one-year time deposit is about 2.5%, and the highest rate of return of money fund is 2.9%, and the lowest is 1%.

Comparatively speaking, there is little difference between the two, but the money fund can purchase and redeem at any time and enjoy the convenience of current and regular income; However, if the time deposit has not expired, it can only be calculated at the current interest rate. However, the money fund has a product selection problem. If you choose the right one, the yield will be high; if you choose the wrong one, the yield will be low. From the point of view of cash flow management, money fund is better, but don't choose money fund if you are considering wealth management income. If you want to invest in low-risk products, bond funds or hybrid funds are good choices.