Money fund is a kind of fund, which can be used flexibly and can see the benefits every day. According to the type of investment, it has the characteristics of high security, high liquidity and stable income. Therefore, in the fund market, money funds have the title of "quasi-savings" and are favored by stable investors.

"Fund" is to let professionals operate idle funds in society to invest. According to different investment objectives, funds can be divided into stock funds, bond funds, monetary funds and hybrid funds.

Not every fund can become a money fund, but it must invest in short-term low-risk products such as "national debt" and "central bank bills". These low-risk products have a common feature-high safety factor and relatively stable income.

The purchase of money funds is also quite simple. The subscription time is before 3 pm on the working day, and the shares purchased after 3 pm are regarded as the next day's subscription. On the second day of the subscription date, the fund company will confirm the share subscribed before 3 pm the day before, and confirm that there is income on that day. But the income will be announced on the third day. To put it simply: A day (working day) is the subscription day, then the fund company will confirm the subscription share on A+ 1 day, and there will be income on that day; On the day of A+2, the fund company will announce the income of A+ 1 day. In case of national holidays or weekends, it will be postponed.