The meaning of monetary fund
Monetary fund is an open-end fund. According to the types of financial products invested by open-end funds, people divide open-end funds into four basic types: stock funds, hybrid funds, bond funds and monetary funds. The first two belong to the capital market, and the latter is the money market. Monetary funds mainly invest in bonds, central bank bills, repurchase and other short-term financial products with high security, also known as? Quasi-savings products? What are its main features? Worry-free principal, convenient demand, regular income, income per diary, monthly dividend? . The principal of the Monetary Fund is relatively safe, and the expected annual rate of return is 1.9%. It is suitable for liquid investment tools and a substitute for savings.
Ways to buy money funds. How to buy a money fund?
There are several channels to buy money funds:
1. Fund company official website: Every fund company has its own money fund.
2. Fund Supermarket: A comprehensive fund service website represented by Tian Tian Fund Network, with various goods bases.
3. Mobile banking: In addition to fund companies, various banks have also launched monetary fund products, such as China Merchants Bank's Super Ying Chao, ICBC's salary bonus, Bank of China's Living Treasure, Bank of Communications' cash treasure and so on.
4. Internet financial management: represented by Yu 'ebao and WeChat financial management.
Methods of purchasing monetary funds II. Characteristics of monetary funds:
1. Investing in money funds, our principal is basically risk-free;
2. Our average annual income is around 2%;
3. We first consider liquidity, which is its biggest advantage over bank time deposits; Followed by the rate of return;
4. The price is always 1.00 yuan/share, so you don't have to choose the time to buy or sell;
5. Money funds have no subscription and redemption fees, which are usually called handling fees.
Therefore, personally, I think that in fact, each of us should invest in some money funds as a substitute for demand deposits or time deposits with a term of less than 6 months. In fact, the yield should be the second factor. When we choose money funds, we should give priority to liquidity.
In addition, we should know that the face value of the money fund is always 1 yuan, so there will be no price difference between going to the bank today and buying it tomorrow; Similarly, when you redeem (that is, cash), you also redeem according to 1 yuan 1, so where are our gains? Ha ha, don't worry, it's like this. Fund companies publish the data of a money fund every day, called? Ten thousand copies a day? . Like what? Harvest fund Company? Announce? Harvest money fund? February 1, the income of ten thousand copies is 0.60 yuan. What does this mean? For example, if you buy 10000 yuan (i.e. 10000 copies) on1October 3/day, you will earn 0.60 yuan a day. What can change is not the price of your fund, but the quantity, which means that the quantity you hold will change from 1000.