Money fund is actually a fund product with extremely strong liquidity and extremely low risk.

Its main investments are mostly short-term securities with extremely low risks, such as government bonds, short-term bills and interbank lending. Due to the good security and high liquidity of the target, although the money fund does not promise to protect the capital, it does not need liquidity compensation, and the possibility of short-term losses is extremely low, so it can be regarded as a wealth management product as safe as bank deposits.

Because this kind of products have the characteristics of high security, we should pay more attention to the rate of return when choosing products. The rate of return is relatively intuitive, and the fund company will announce the annualized rate of return for the past seven days. See which one is taller and you can buy it. However, it should be noted that the annualized rate of return in these seven days will also change, so maybe you bought the E Fund today, and tomorrow you will find that the income of Huaxia Monetary Fund has become higher.

However, it should be noted that financial platforms such as Alipay and Tencent Wealth Management often give extra income when launching new products. At this time, the income will change from the usual 4.5% to 8%- 10%. For friends who want to seize short-term high returns, you may wish to pay close attention to the information on the home pages of major financial platforms.

For more wealth management insights, please pay attention to the official account of WeChat WeChat: Krissy's growth diary.