The currency A5 19888 of Huitianfu Income Express is a monetary fund.
Money funds only invest in the money market, such as short-term government bonds, repurchase, central bank bills, bank deposits, etc. And there is basically no risk. Its liquidity is second only to bank demand deposits, and its income is calculated every day. Generally, the one-month income is carried forward to the fund share, and the income is slightly higher than the one-year time deposit, and the interest is tax-free.
It is suitable for liquid investment tools and a substitute for savings.
Monetary funds can be redeemed at any time, and the funds can generally arrive the next day after applying for redemption, which is very suitable for units and individuals pursuing low risk, high liquidity and stable income.