Everyone knows that Alipay is actually a kind of money fund, but its innovation lies in its ability to integrate money fund and consumption, so it is so popular as soon as it is pushed out. Like the electronic payment model, WeChat, which has no income, has been sharing the world with Alipay, mainly relying on the customer stickiness of WeChat, but in fact, WeChat also has its own money fund, namely the Licaitong money fund.

What's the interest rate of Licaitong Monetary Fund?

Licaitong money fund is also a kind of money fund, with no fixed interest. Like most money funds, its income changes with the changes of the market.

Is Licaitong Monetary Fund Safe?

Money fund is a fund product that can be purchased and redeemed at any time. Its investment scope mainly includes short-term securities with high credit rating such as bank time deposit certificates, government bonds, central bank bills, commercial bills and corporate bonds. The average remaining period of the portfolio is 65,438+0.20 days, and its risk and expected return are lower than those of equity funds, hybrid funds and bond funds.

From the explanation of the term money fund, it can be seen that money funds purchased by formal financial institutions are safe, because money fund investment is a stable and safe product.