In the fund market, the safest thing is the money fund, which basically won't lose money, and its security is equal to that of bank deposits, so it has attracted many people's attention. They want to buy a money fund, but they are hesitant. What advantages does the money fund have besides security?

What are the advantages of the money fund?

1, with high security, money funds rarely lose their principal in reality and are regarded as cash equivalents.

2. The rate of return is stable, because the target of investment is safe, so the income of the money fund can be stable with little fluctuation.

3. Fast arrival time, short redemption time of monetary fund and high liquidity. It will arrive in a day or two after redemption.

4. There is no handling fee, and the Monetary Fund is free of handling fee. The subscription fee, subscription fee and redemption fee are all zero, so it is very convenient for funds to go in and out.

5. The investment threshold is low. Generally, the minimum subscription amount of money funds is very low, and some only need 10 yuan. The products of different companies are not the same.

6. Weekends and holidays are also rewarding. Other types of funds have no income on Saturdays, Sundays and legal holidays.

After reading the above introduction, I believe everyone has a deeper understanding of the money fund. Monetary funds have many advantages. The only drawback may be that the income is not very high, but it is higher than the bank's current deposit. But compared with stock funds, money funds win in security.