There is no redemption fee for the money fund, only management fee, custody fee and sales service fee (the three fees are deducted from the direct net value every day, adding up to only one point, which is almost negligible).

Advantages of the Monetary Fund:

1, no redemption fee.

2. Current convenience (daily income starts from the second day after purchase confirmation; It usually arrives in 2 or 3 days after redemption. Now some goods can arrive at the account immediately, which is really convenient and fast.

3. Regular income (the general income is slightly higher than the bank's fixed deposit income in the same period, and the interest is calculated every day, which is carried forward and shared on the same day or month. Saving one day's income does not affect the early withdrawal, and the income is tax-free).

4. The management fees and sales service fees charged by fund companies and the custody fees charged by banks add up to almost a little, which can be ignored. )

5. It can be exchanged with the high-risk fund of the same company (charging the corresponding conversion fee) to achieve the hedging effect.

6. At present, from the establishment of the first monetary fund in 2002 to now, there is no record of the loss of the goods base, but the income is more or less.

7. The net value of cargo base is always 1 yuan, so there is no risk of net value fluctuation. The daily income is calculated according to the share, and accumulated monthly on the original share to achieve the effect of income.