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Is Huaxia Wally coin safe?
Investment is risky and financial management needs to be cautious. Before choosing financial products for investment, we need to have a certain understanding of the risks of financial products. Huaxia Wally Currency A is a fund product of Huaxia Fund, so is Huaxia Wally Currency A safe?

Is Huaxia Wally coin safe?

1 Huaxia Wally currency is a monetary fund. Judging from the types of wealth management products, the risk of money funds is only slightly higher than that of bank deposits, but it is the safest type compared with other funds.

As a money fund, its investment tool is a money market tool, which has the characteristics of short term, strong liquidity and low risk. On the level of money supply, it is called "quasi-money" after cash money and deposit money. The issuers of money market instruments are generally central banks, large commercial banks, governments and other entities with good credit qualifications.

Huaxia Wally Currency is issued by Huaxia Fund, and Huaxia Fund Management Co., Ltd. was established on1April 9, 998, and is one of the first national fund management companies approved by China Securities Regulatory Commission.

At present, China's regulatory system and system for Public Offering of Fund has been relatively perfect. Generally speaking, the security risk of institutional funds under the supervision system is very low.