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What is a rich wallet?
Wells Fargo Fund is one of the first ten fund management companies approved by China Securities Regulatory Commission. Wells Fargo Fund has a wealth management product called a rich wallet, so what is a rich wallet?

What is a rich wallet?

Rich Wallet is a cash management tool of Guo Fu Fund. It is actually a money fund, and the corresponding money fund is Guo Fu Money Wallet Fund (000638). As a monetary fund, rich wallets are characterized by good liquidity, stable income and low risk.

In terms of cash withdrawal, the rich wallet supports T+0 fast cash withdrawal, which takes 5 seconds to arrive at the account, and the fast cash withdrawal amount per natural day is 1 10,000 yuan. Ordinary cash withdrawal is not limited, and you need to withdraw money on the next trading day.

Investors can also buy other funds through rich wallets. Buying funds with the wallets of rich people means converting the funds in the wallets of rich people into other funds, and you can enjoy certain preferential rates. The subscription rate is 0. 1%.