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511880

SSE
100.79800 CNY
0.024
0.02%
Last update Aug 1, 2:59 PM CST
Market closed
Day range
100.76700
100.80600
Previous close
100.77400
Open
100.77000
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Yinhua Traded Money Market Fund
100.80
0.02
0.02%

Overview

Description

The Yinhua Traded Money Market Fund is a money market mutual fund designed to provide investors with a means of liquidity management and capital preservation. Its primary function is to generate modest returns while maintaining a strong emphasis on liquidity and safety. The fund achieves this by investing in a diversified portfolio of high-quality, short-term money market instruments such as Treasury bills, commercial paper, and certificates of deposit. This asset serves as a key financial vehicle for investors looking to park their cash temporarily while earning a slightly higher return than traditional savings accounts. The Yinhua Traded Money Market Fund stands out for its accessibility, as it is traded on the open market, providing ease of entry and exit for investors. In the broader financial landscape, such funds play a crucial role by providing stability and liquidity, especially in times of market volatility, thus ensuring the smooth functioning of financial markets.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
China
MIC code
XSHG
Market closed

Exchange is currently closed (non-working day)
Main market opens in 1 day 4 hours 32 minutes

04:57
00:00
23:59

Trading Hours (Monday - Friday):

Main market
09:30 - 15:00
All times are displayed in the Asia/Shanghai timezone (CST, UTC+08:00).