1. Monetary Fund: Since the CBRC issued the Guiding Opinions on Further Standardizing Internet Sales and Redemption Services of Money Market Funds in May this year, at present, the amount that the Monetary Fund can be redeemed quickly on the same day is only 6,543,800 yuan, and the amount exceeding 6,543,800 yuan can only be received every other day. If it is a legal holiday, it needs to be further postponed. In addition, the yield of the money fund has been declining this year, so this is the worst choice among the three products.

? 2.T+0 current wealth management product: This product has no redemption limit, and the yield is basically above 4%. It can be regarded as a product with good profitability and liquidity, but this product is the riskiest of the three products, so it is not the best choice.

? 3. Innovative smart deposit: This product should be the best choice among the three, which is not only safe (it belongs to the nature of deposit and is guaranteed by the Deposit Insurance Regulations), but also profitable (taking private banks as an example, the income is basically above 4%) and liquid (it can be redeemed at any time, some interest rates are not lost, and some losses are very small). Of course, it does not mean that this product has no shortcomings, at least two points: First, there are not many institutions currently issuing it; Second, the interest rate of smart deposits introduced by state-owned banks is too low (for example, the interest rate of ICBC rises by 30%).

At present, there are three kinds of wealth management products with low risk and quick redemption, namely: money fund, demand wealth management products and innovative smart deposits. Of these three, the best is undoubtedly the innovative smart deposit.