1. Monthly or monthly dividends and tax exemption.
2. Most money market fund investment varieties show that the risk is the lowest among all kinds of funds, and money fund contracts generally do not guarantee the safety of principal. In fact, due to the nature of the fund itself, the loss of the principal of the money fund rarely occurs in reality;
3. Low investment cost Compared with stocks, marketable securities are much lower.
4. Strong liquidity: liquidity is almost equivalent to demand deposits. The fund is easy to buy and sell, and there is no handling fee. Its arrival time is fast and its liquidity is high, and the fund redemption can generally be received within one day.
5. The yield is relatively high: most money market funds have the yield level of national debt;
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1. What does the money fund mean? Monetary fund is an open-end fund that collects idle social funds, is operated by fund managers and kept by fund custodians. Special investment in risk-free money market instruments, different from other types of open-end funds, has the characteristics of high security, high liquidity, stable income and "quasi-savings". The assets of the Fund are mainly invested in short-term monetary instruments (generally within one year, with an average maturity of 120 days), such as government bonds, central bank bills, commercial bills, bank time deposit certificates, government short-term bonds, corporate bonds (with high credit rating), interbank deposits and other short-term securities.
2. Development course of money fund: The first domestic money market fund product was established in June 2003, the second peak occurred during the financial crisis in 2008, the third expansion peak was 20 1 1 to 20 12, and the fourth peak was 20 13-2003. With the continuous development of social market economy. The social system is constantly improving, and the monetary fund is also constantly developing.