Interbank certificates of deposit are a better choice. It is recommended to purchase interbank certificates of deposit for securities accounts, and there is no subscription and redemption fee within the 7-day closure period. Banks need to pay a subscription fee of 0.2 to buy interbank deposit certificates, and securities accounts can see the yield every day. Interbank deposit receipt index fund is a new type of fund with AAA index of CSI interbank deposit receipt as the target and priced by market value method. The characteristics of interbank deposit index funds can be referred to as follows: the transaction cost is zero and the management fee is low:

The daily subscription fee of the inter-bank deposit certificate index fund is 0, and it is held for 7 days, and the redemption fee is 0. Operating costs are also significantly lower, such as the management fee is only 0.2%, which is far lower than that of pure debt funds and even lower than that of many money funds.

Low risk and low volatility, the general investment scope of interbank deposit receipt funds is limited to money market instruments, and it is not allowed to invest in equity assets such as stocks and convertible bonds, so the volatility is low; Moreover, it requires AAA-level interbank deposit certificates, and the credit risk is low, which is between the money fund and the short-term debt fund;

Good liquidity, because it is a non-monetary fund and needs to follow the 7-day short-term redemption fee limit; That is, after the subscription is successful, it needs to be held for at least 7 natural days to be redeemed;