1, the income is close to or higher than the after-tax interest of 1 year time deposit!

2. Flexible implementation. You can't get the interest you deserve until the deposit expires, and the money fund records the interest every day. No matter when you set it up, there will be no interest loss like time deposit.

3. Generally, money funds earn money every month. If you choose to reinvest in dividends, you can have the effect of compound interest.

4. Monetary funds have advantages in the interest rate hike cycle. Because the deposit interest rate remains unchanged after deposit, and the income of the money fund changes dynamically according to the change of one-year time deposit interest rate.

Disadvantages of the Monetary Fund:

1, not real-time receipt, usually T+ 1 working day.

2. Interest rate reduction cycle, the income may be lower than the deposit! 3. The actual trading operation can only be carried out on working days.