Specifically, Tian Hongzeng Libao Monetary Fund of Tian Hong Fund Company.
The high income of the Monetary Fund in the last six months will not last long, and even the highest time will be twice as high as the time deposit of the same period 1 year.
The investment direction of money market funds is mostly agreement deposits. Because of the large amount of funds and tight market funds, we have a high bargaining power with banks, and we can get much higher interest rates than deposits in banks. So its income will be high. However, a while ago, when funds were tight and banks were short of money, it was easier for money funds to obtain higher agreed deposit rates.
However, this situation will return to rationality and normality, and the interest rate of agreed deposits has dropped significantly recently.
Therefore, it is normal for the recent income to gradually decrease, as is the case with all money funds.
Despite the decline in income, most money funds are still much higher than 1 year time deposits (3.3%), and their liquidity is extremely high.
It will be a good substitute for savings for a long time to come.
The Huaxia Huotong you mentioned is also a monetary fund. In fact, the overall income situation is not much different from that of the Tian Hong Monetary Fund.
If the amount of funds is not large, the final income of choosing Yu 'ebao and Huaxia Huotong will not differ by more than ten dollars.
If the amount of money is large, then the best strategy is to distribute it evenly among several good money funds.
China Life is a good monetary fund. In addition, the money funds of ICBC Credit Suisse, Guangfa, Huitianfu and Harvest also performed well.