For monetary funds, it doesn’t matter where you buy them, as there are no handling fees.

The main reason is that it is convenient to buy online, there is no need to queue up, and it saves time.

A currency fund is a fund that invests in the global currency market.

Usually invested in short-term bank deposits, large negotiable certificates of deposit, government bonds, corporate bonds, commercial papers, etc.

Since the money market is generally for large investors to participate, the emergence of money funds provides opportunities for small investors to enter the money market.

Monetary funds have the characteristics of low investment cost, strong liquidity and low risk.

When stock funds perform poorly, investors often convert stock funds into money funds to avoid "turbulence" and wait for the opportunity before choosing to subscribe to stock funds or other fund types. Therefore, money funds are also called parking funds.