Is GDB money bag safe?
From the perspective of fund types: Guangfa Money Bag belongs to money fund, and among all types of wealth management products, money fund is one of the safest types, which is second only to bank deposits.
Judging from the past income, the product has been operating positively for six years since the establishment of 20 14.
From the institutional point of view: the fund belongs to Guangfa Fund Management Co., Ltd., which has a high reputation in China and is supervised by China Securities Regulatory Commission.
The security of money fund is related to its investment target. The investment target of money funds is money market instruments, which are issued by high-credit institutions such as government, central bank and commercial banks. On the other hand, money funds also have good liquidity, and most of them support investors to redeem their accounts on the same day. However, the money fund is not absolutely safe, and there have been a few cases of money fund losses in history.