Subscription method of money market funds: The subscription method of money market funds is basically the same as that of other funds. Investors can go to designated banks, securities sales departments, fund company counters, or purchase the corresponding currency funds through the Internet.

The difference is that the investment cost of money funds is very low, there are no handling fees for subscription and redemption, and the management and custody fees are also small.

At present, domestic money market funds have basically achieved T+1 day for redemption, that is, if you are short of money and apply for redemption on the same day, you can get the cash the next day.

Transactions made before 3 p.m. each day will be counted as the same day, and redemption funds will generally arrive after 5 p.m.

Principles for buying money funds: When buying money funds, you should adhere to the principle of "buy old, not new, buy high, not low, short rather than long." Especially in economically sensitive periods, these principles are the motto of investing in the money fund market.

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First of all, when buying currency funds, you should give priority to old funds.

Because after a period of operation, the performance of the old funds has become clear, it will take time to verify whether the newly issued currency funds can achieve good results.

At the same time, investors should try to choose currency funds with consistently among the best annual returns.

However, we must also remember that monetary funds are more suitable for temporary funds with large current funds, but the use of the funds may be difficult to determine for a while. For medium and long-term immovable funds of more than one year, you should choose treasury bonds, RMB financial management, bond funds, etc. with higher returns.

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