Monetary funds can be divided into Class A and Class B according to the size limit of participating funds. Class A is for small and medium investors, and Class B is for institutions and large investors. The minimum subscription limit of class A monetary funds is generally 1 1,000, and that of class B is 5 million.

Their sales service rates are also different. For example, the annual sales service rate of Haifutong currency classification is 0.25%; The B-year sales service rate of Haifutong Currency is 0.0 1%.

Extended data:

1, temporarily idle funds to participate. Participants in the reverse repurchase of exchanges are mainly institutional investors other than banks, such as money market funds and finance companies. In particular, the current restrictions on the subscription ceiling of new shares have forced many institutions to participate in reverse repurchase transactions.

2. Individual investors participate in reverse repurchase mainly when there is no better investment channel for temporarily idle funds. Because of the low interest rate, it is not suitable as a long-term investment tool.

3. Take 6.5438+0 million as an example, let's look at the difference. If it is not repurchased, the daily interest is 1 ten thousand *0.36%/360= 10 yuan. If the general interest rate for repurchase is 1.5% (the highest on Thursday is 4%), then the repurchase interest is 1 ten thousand * 1.5%/360=42 yuan, minus the highest commission 10 yuan, and the remaining 32 yuan is 22 yuan higher than the current period.

Baidu Encyclopedia-Monetary Fund