Monetary fund is a financial product with low risk, sufficient liquidity and stable income. Generally, when we choose a money fund, the name of the money fund has the letter A, and some money funds have the letter E after their names. Do you know what the monetary fund E means?

What does monetary fund e mean?

Monetary Fund E has two meanings. One is that money funds issued only in special channels, such as Guangfa Tian Li Currency E, can only be purchased through Yu 'ebao channel. Second, it refers to the floor money fund, the so-called floor money fund, that is, the money fund purchased in the stock exchange.

On-site monetary funds can be purchased and redeemed like off-site, earning the difference by buying low and selling high on the exchange, and purchasing and redeeming low and selling high. The trading system of on-site money funds is more flexible than that of stocks, and the T+0 mechanism is implemented. At the same time, the volatility of money funds is much smaller than that of stocks.

The common letters in money funds are actually A and B, and A and B in money funds represent different subscription thresholds respectively. The threshold of B is much higher than that of A, A is mainly for retail investors, and B is mainly for institutions or large investors.