(2) It can be accepted at any time.

(3) The rate of return of investing in money funds is lower than that of time deposits, but much higher than that of demand deposits.

Harvest Monetary Fund:

(1) Interest-bearing instruments for investing in the money market, such as bank time deposits within one year, large deposits, bonds with remaining maturity within 397 days, bond repurchases with maturity within one year, central bank bills, etc.

(2) Theoretically speaking, the money fund may lose money, but in fact, there is no money fund loss so far. To be sure, the money fund has no risk of loss, but its income is also low, which is equivalent to the annual rate of return 1.8%, which is equivalent to the bank's regular savings interest for 3-6 months.

(3) Early withdrawal bears interest according to the current period, and the monetary fund can be realized at any time. Regardless of the holding period, the income is calculated according to the annualized rate of return and the actual holding days.

(4) The vast majority of money fund investors do not depend on the level of income, but as a cash management tool, they buy money that is temporarily unused and needed in the near future.

(5) Once money is needed, it can be paid every two days at the latest on the day after redemption, which is similar to the convenience of demand deposits and the income is higher than that of demand deposits, so it is called "quasi-savings".