High security. Because money market funds mainly invest in low-risk varieties, it is doomed that money market funds are the lowest risk of all types of funds.
Good liquidity. The investment tools of money market funds are easy to implement. Generally speaking, the redemption of money market funds is T+2, that is to say, if the money market funds are redeemed on Monday, then the funds will arrive on Wednesday. At present, a considerable number of money market funds in China have arrived at T+ 1, that is, redemption orders are issued today and will arrive tomorrow. Other types of open-end funds arrive at least on T+3. In contrast, the liquidity of money market funds is better than other types of funds.
The output is stable. According to the valuation method, the face value of the money market fund is unchanged at 1 yuan, and the income is settled every day, with interest income every day, and the accumulated compound interest is considerable.
And through the investment operation of fund managers, many kinds of investments have a higher rate of return than the deposit interest rate. Therefore, the yield of money market funds is usually significantly higher than the deposit interest rate in the same period, and sometimes even exceeds the one-year time deposit interest rate.
According to statistics, on June 5438+February 3, 20061day, the highest 7-day annualized rate of return of 42 money market funds was 3.09%, and the lowest was 1.2670%. At the end of 2006, the deposit interest rate was only 0.72%, and the one-year deposit interest rate was 2.52%. In contrast, the yield of money market funds is relatively stable.
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