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Is Guotai Junan Cash Manager a fund or a bond?

Cash Manager is a monetary financial management product of Guotai Junan Securities for idle funds in securities accounts after three o'clock on each trading day. Features: 1. It is automatically operated by the system, without the need for customers to subscribe daily; it is automatically operated by the system after the customer signs the contract. 2. It will not affect securities trading. If you participate after the market closes, it will be available early on the next trading day and will not affect customer securities trading. If the customer needs to make an overnight entrustment or withdraw funds on the next day, the funds within the "retained fund limit" need to be set and will not participate in the cash manager after 3 o'clock on the same day.

3. It is a monetary investment. Under the premise of safety, the annual return is expected to be around 3%