Monetary fund is an open-end fund that collects idle social funds, is operated by fund managers and kept by fund custodians. It specializes in investing in risk-free money market instruments, which is different from other types of open-end funds. It has the characteristics of high security, high liquidity, stable income and "quasi-savings".

Monetary fund subscription

First, go to the bank outlet to buy. Not all banks have money funds,

The second is to buy from the brokerage business department with agency qualification.

The third is to apply directly to the fund company's direct sales counter.

Fourth, some fund companies have opened the online subscription service for China UnionPay members.

As an open-end fund, there is no time limit for redemption, and it can be redeemed and transferred out at any time after purchasing the fund.