This product 000330, the official name is China Universal Cash Treasure Money Fund, is strictly not a financial management product. Money funds do not promise to guarantee capital.

However, for a monetary fund to suffer a principal loss, two conditions must be met at the same time to be possible, and the probability of these two extreme situations occurring at the same time is very small.

First, the market yield rate increased sharply in the short term, resulting in a sharp drop in bond prices; second, large redemptions occurred at the same time in monetary funds, which could not hold bonds with falling prices to maturity, and then sold the bonds.

actual loss.

As the holding period of money funds extends, the probability of loss due to market risk will drop to 0.

Judging from historical data, in the 10 years since the emergence of monetary funds in the domestic market, there have been only a handful of single-day losses, and the situation of continuous losses for more than two days is unprecedented.

It is better to not protect capital than to protect capital.

This is also true. Money funds have always enjoyed the reputation of "quasi-savings". There is no need to worry about the safety of public funds. 000330 China Universal Cash Treasure Money Fund, the fund custodian is the Industrial and Commercial Bank of China, which is the owner of this product.

The accounts and funds are placed with ICBC and are supervised by ICBC to ensure the safety of funds and prevent the funds from being taken away or used for other purposes as you mentioned, or breach of contract.

It must be noted that there is no need to worry about safety, which does not mean that investment is risk-free.

Buying funds is not equivalent to bank deposits. If you buy high-risk funds such as stock funds, hybrid funds will bear corresponding market risks. The same is true for low-risk funds. The probability of losses in currency funds is extremely low, but once it occurs, you are also a buyer.

conceited.