Monetary fund, formerly known as bond fund, is a kind of fund.

Monetary fund products mainly have three characteristics:

First, T+0 trading is highly liquid. As an ultra-high liquidity cash management and wealth management product, investors can purchase and redeem the product in real time during the trading hours of the trading day, and T+0 will arrive. In this way, investors can not only improve the income of working capital, but also master flexibility and convenience.

The second is openness and transparency, and the income is quoted daily. This kind of products are generally close to the market, and investors can get stable income on a regular basis by calculating the income every day and paying dividends every month.

Third, the management rate is low. Compared with ordinary money funds, T+0 funds have stronger liquidity, lower product management rates and no subscription and redemption fees. Therefore, in the same market environment, customers can get higher returns.