Funds are issued by fund companies, and banks are only a consignment channel. Whether it is safe or not is only related to the nature of the fund. Monetary funds mainly invest in short-term bonds, national debt, central bank bills, savings and other financial products with fixed income. Therefore, from the investment target, it is very safe, there will be no loss of principal, and you can still enjoy the benefits. Funds are different from bank deposits. In China, even if the bank goes bankrupt, the savings can get back 100% of the principal and interest, because the bank has a certain reserve in the central bank, and this branch will compensate the depositors. However, if the fund company goes bankrupt, all investment products must be liquidated according to the national bankruptcy law and the principle of priority. Therefore, as a creditor, it may cause loss of principal. But in contrast, fund companies have higher thresholds and stricter supervision. Moreover, when there are difficulties in operation, the country will reorganize. So the money fund is relatively safe.

In order to avoid the latter situation, you can choose the products of the top ten fund companies, such as Huaxia, Bosera, Yifangda and Jiashi. These fund companies are absolutely safe, and their income is relatively high and stable.