How to choose a money fund?
1 Try to choose "T+0" fund: the redemption time of monetary fund is long or short, mostly T+ 1 or T+2 working days. For the fast redemption business, as long as investors submit the redemption demand of the money fund, the funds will arrive immediately.
2 Choose a fund that is easy to convert: When choosing a fund, investors should choose a variety of fund types under the fund company, which can not only reduce the conversion cost, but also quickly convert.
3 Choose a fund with a moderate scale: a small-scale corresponding money fund will invest relatively less money, and of course its rate of return will definitely be affected. However, large-scale money funds are easy to cheat customers because of their financial advantages. Therefore, investors are advised to choose monetary funds in a compromise way, and it is undoubtedly the best to choose assets with moderate scale.
4 It is best to choose a fund that has already opened a position: the newly issued fund will experience a relatively long opening period after the issuance period, and the rate of return will be very low in a short time. The old money funds have generally completed their positions, so they will hold more investment varieties, and the income will naturally be much more considerable than that of the new funds in the same period. We should try our best to choose the old money funds that have been established for a period of time and have completed their positions, because they have more advantages in income than the new money funds.
5. Consider funds that provide additional services: When choosing to invest in monetary funds, consider the monetary funds of these fund companies and open the value-added services provided by these companies in real time. In this way, you will get more "benefits" from your own money fund financing methods.