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What is the monthly income of buying 1.5 million monetary fund? Thank you!
The annual yield of the current currency type is about 2%

The monthly income of 500 yuan Monetary Fund is about 1, which I think can be ignored.

Which money fund has high returns?

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The main purpose of monetary funds is not the annual rate of return 1.5%~3.5%, with little difference.

It is usually used to preserve value.

In addition, it has one of the biggest advantages:

Strong liquidity (I can take it out at any time, and T 1'2'3 will not lose interest when it arrives, and the time deposit will not be used up, so I can deposit it again).

It is possible that T 1'2'3 will be received due to the different regulations of funds in each currency.

In my opinion, it doesn't make much sense for big fund companies to pick at will, and it's not worth wasting brain cells.

For reference only, the interest rate of 003003 Huaxia Cash 1 deposited last year is about 2.2%, and the interest rate of 050003 Boss Cash 1 selected by friends is about 2.3%.