2. The Monetary Fund does not charge subscription and redemption 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. Every day, the fund company publishes the data of a money fund called "10,000 earnings per day". For example, as announced by "harvest fund Company", Harvest Monetary Fund's 10,000-share income in February 1 day was 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.
Ok, let's summarize the five characteristics of the money fund:
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; The second is the yield.
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.