How to buy the on-site money fund?
Buying money funds in the market requires a stock account. After opening the stock trading software, you can find the classification of funds, find the money funds in the market, and determine the money funds to buy. On-site monetary funds are mainly divided into the following categories:
1 subscription and redemption type: this kind of money fund starts with 5 19 and can only be subscribed and redeemed. The share subscribed for 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 Trading-based on-market monetary fund: generally it starts with 5 1 1. This kind of money fund can trade T+0, and can realize the flexible docking of stocks and money funds.
3 Trading and redemption type floor money fund: T+0 floor trading and T+0 redemption are the most efficient floor money funds in the market at present. At present, there are 15900 1, 159003 and 159005.
The advantage of the floor money fund is that it can make idle funds in our stock account have a good place to trade directly with the securities account, regardless of the time of bank and securities transfer.
The above is about the sharing of money funds in the market, I hope it will help.