The money fund can redeem part or all of it at any time. The money fund is almost principal guaranteed fund, so there is almost no loss of the principal, and there is the possibility of loss, but the probability is almost zero.

Monetary funds have the following two characteristics:

1. Principal security: Most money market funds have the lowest risk among all kinds of funds. Money fund contracts generally do not guarantee the security of the principal, but in fact, due to the nature of the fund, the loss of the principal of the money fund rarely occurs in reality. Generally speaking, money funds are regarded as cash equivalents.

2. Strong liquidity: liquidity can be comparable to demand deposits. The fund is easy to buy and sell, with short time to receive funds and high liquidity. Generally, the funds will arrive in two or three days after redemption. ?