Commodity characteristics of monetary fund
1. Capital security: It is determined by the investment type of most money sales market funds, and the risk is the smallest among all kinds of funds. Monetary fund contracts generally do not guarantee the safety of funds, but in fact, due to the characteristics of funds, monetary funds rarely lose money in practice. Generally speaking, money funds are regarded as cash equivalents;
2. Strong liquidity: liquidity can be comparable to deposits. Fund transactions are convenient, short-term, fast and highly liquid. Generally, you can receive funds one or two days after selling. A fund company opened the business of selling money funds in time, and it can be received on the same day;
3. Higher rate of return: Most money market funds generally have the income level of national debt investment, and their annual net rate of return can generally be compared with the one-year fixed deposit rate, which is higher than the income level of bank deposits in the same period.
This paper mainly writes about the significance and related knowledge points of fund t+0, and the content is for reference only.