It is a monetary fund, and this monetary fund is relatively stable.
Expansion: A 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 is specially invested in risk-free money market instruments. It is different from other types of open-end funds and has stable profitability.
, high security, high liquidity, and has the characteristics of "quasi-savings".
Money market funds invest in varieties with high safety factors and stable returns. Therefore, for many companies and individuals who want to avoid securities market risks, money market funds are a natural haven. Under normal circumstances, they can obtain high
The income from bank deposit interest also ensures the safety of the principal.