1. subscription and redemption type: monetary funds of subscription and redemption type generally start with "5 19", such as 5 19808 Jiashibao A, 5 19888 Tianfu Express A, 5 19858 Guangfa Abao and other on-site monetary funds that are subscribed and redeemed can only
2. Transaction type: Trading monetary funds generally start with "5 1 1", such as 5 1 1660 Jianxin Tianyi, 5 1 1690 transaction currency and 51. Exchange-traded monetary funds can not only be purchased and redeemed in the exchange, but also be traded in the secondary market at T+0.
3. Transaction-cum-subscription and redemption type: transactional money funds generally start with "159", such as 15900 1 margin, 159003 China Merchants Express, 159005 Tianfu Express. Trading plus subscription and redemption money funds can be purchased and redeemed at T+0, and traded at T+0. The trading hours of the on-site money fund are the same as those of the stock market. They are all at 9: 30-11:3013: 00-15: 00 on each trading day, and the minimum subscription amount is 100, so the on-site money fund can provide an effective place for idle funds in investors' stock accounts.
1. On-site monetary fund based on redemption
(1) Compared with the fund code "5 19", the monetary fund in the redemption venue can only be redeemed in the venue and cannot be traded. Compared with ordinary money funds, its application for redemption has a higher efficiency in the use of funds.
(2) Interest-bearing rules: if you purchase on T day, you will enjoy the income on that day; T-day redemption does not enjoy the income of the day.
(3) Trading rules: the shares subscribed on T day can be redeemed on T+ 1 day. After T-day redemption, T-day funds are available, and T+ 1 is desirable.
2. Transaction-based market money funds
(1) The fund code starts with "5 1 1". In addition to buying and selling money funds on the floor, money funds can also be traded on the floor like stocks. T+0 trading can be bought and sold on the same day, which is more flexible than reverse repurchase of government bonds and can be flexibly converted between stocks and money funds, such as buying money funds in the morning and looking for ticket machines in the afternoon.
(2) Interest-bearing rules: "Buy without tail" on the same day, enjoy the income on the same day, sell on the same day, and enjoy no income on the same day; When applying for redemption, "the tail is not the head", daily subscription, T+ 1 enjoy the income, T+ 1 enjoy the income, T+ 1 enjoy the income.
(3) Trading rules: T-day purchase, T-day redemption and sale, T-day sale, T-day receipt of funds, and+1 day withdrawal; Buy on t day, sell and redeem on T+2 day, and redeem on t day. Funds are available for daily use on T+2.
3. On-site trading and redemption of money funds
(1) The code of the fund starts with "159", which can be traded on the floor at T+0 and redeemed at T+0. It is the most effective market money fund.
(2) Interest-bearing rule: "The number of tails is not the first", and the subscription or subscription is made daily. T+ 1 enjoy benefits; Redeem or sell on the same day, enjoy the income of the day, T+ 1 day does not enjoy.
(3) Trading rules: buy on T day, sell cocoa on T day, make money on T day, and take it on T+ 1 day; T+ 1 day T-day electricity purchase, T-day selling and redemption, and T-day fund withdrawal.
(4) A special case: in the case of selling or redeeming on T day, T+ 1 day funds are available, and when the funds are transferred out that day, the funds are available that day. For example, transfer money on the same day, buy it on the same day, and sell it on the same day, then the funds will arrive on the same day.