1 thought on “What kind of financial system is the currency fund affiliated?”

  1. Currency funds are an open fund. According to the financial product category invested by open funds, people divide the open funds into four basic types: that is, stock funds, mixed funds, bond funds, currency funds, and currency funds, and currency funds. The first two categories are the capital market, and the latter category is the currency market.
    Curned funds are mainly invested in short -term financial varieties such as bonds, central bank bills, and repurchase, which are also known as "quasi -savings products". Regular income, daily diary income, monthly dividend dividend ". Currency funds are only invested in the currency market, such as short -term government bonds, repurchase, central bank bills, bank deposits, etc. The risks are basically no. Its liquidity is second only to the bank's daily savings, and the income is calculated every day. Generally, the income is converted into a fund share for a month. The principal of the currency fund is relatively safe, and the expected annual yield is 3.9%. Suitable for liquidity investment tools is a substitute for savings. Due to the emergence of digital currencies, new currency funds and virtual currency funds have appeared in the field of currency. Also known as the digital currency fund. For example: BLC Digital Currency Fund. Under normal circumstances, the probability of investors' profitability is 99.84%; the estimated yield is between 3.8-5%, which is more than 3.5%of the one -year deposit of 3.5%, and there is no interest tax; it can be redeemed at any time. The next day of the redeemed funds is very suitable for units and individuals who pursue low -risk, high liquidity, and stable income.

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