Money fund is an open-end fund that gathers idle funds from society, is operated by a fund manager, and is kept by a fund custodian. It specializes in investing in money market instruments with low risk, and is different from other types of open-end funds. , with high security, high liquidity, stable profitability, and the characteristics of "quasi-savings".

The main differences between monetary funds and P2P financial management:

1. Different transparency. P2P is an individual-to-individual loan, so the financial manager knows the details of the borrower. This is not the case with trust financial products.

2. The benefits are different. P2P is a new industry, and its interest rates have not yet become market-oriented. Therefore their returns vary widely. However, trust financial products have been around for many years, so their returns are relatively stable.

3. The risks are different. For now, P2P has greater risks than trusts. But if you choose the right platform, the risks are controllable.

4. The investment thresholds are different. The threshold for P2P financial management is low, but the investment amount of trust financial products is generally more than 1 million.

5. The direction of funds is different. P2P financial management funds generally flow to small and medium-sized enterprises or individuals. However, funds from trust financial products will focus on major projects.

6. Financial management time is different. P2P financial management has long-term financial management models and short-term financial management models, so its time is not fixed. But trust financial products generally last for one to two years.

Twelve prohibited behaviors of P2P:

(1) Using the institution’s Internet platform to finance itself or related borrowers;

( 2) Directly or indirectly accept and collect funds from lenders;

(3) Provide guarantees to lenders or promise to guarantee principal and interest;

(4) Provide guarantees to non-real-name registered users Publicize or promote financing projects;

(5) Grant loans, unless otherwise provided by laws and regulations;

(6) Split the terms of financing projects;

(7) Offer bank financial management, securities firm asset management, funds, insurance or trust products;

(8) Except as permitted by laws, regulations and relevant regulatory provisions on online lending, invest with other institutions and sell as agents , promotion, brokerage and other businesses to engage in any form of mixing, bundling, and agency;

(9) Deliberately fabricating and exaggerating the authenticity and profit prospects of financing projects, concealing the flaws and risks of financing projects, and using ambiguity to Use language or other deceptive means to conduct false and one-sided publicity or promotion, fabricate and spread false information or incomplete information to damage the business reputation of others, and mislead lenders or borrowers;

(10) The purpose of borrowing money is Provide information intermediary services for investment in stock market financing;

(11) Engage in equity crowdfunding, physical crowdfunding and other businesses;

(12) Laws, regulations, and supervision of online lending Other activities prohibited by regulations.

Extended information:

P2P is the abbreviation of English person-to-person (or peer-to-peer), which means individual to individual (partner to partner). Also known as peer-to-peer online lending, it is a private small-amount lending model that gathers small amounts of funds and lends them to people in need of funds. It is a type of Internet Finance (ITFIN) product. It is a private small-amount loan, an online credit platform and related financial activities and financial services that rely on the Internet and mobile Internet technology.

Reference materials: Baidu Encyclopedia - Monetary Fund Baidu Encyclopedia - P2P