The annualized rate of return of the money fund has been deducted from management fees, custody fees, sales service fees and other expenses. Will not lose money because of buying today and redeeming tomorrow.

Management fee, custody fee and sales service fee are accrued on a daily basis and deducted when calculating the daily net value.

Extended data

Characteristics of monetary fund

1, the monetary fund's income is low, and the general annualized rate of return is around 3%-5%. Equivalent to the bank's deposit interest rate.

2. The risk of money fund is small, and the products with small income are generally less risky, and the risk of money fund is equivalent to 0.

3. It is suitable for conservative investors, and the money fund has low risk and stable income, which is more suitable for conservative investors.

Baidu Encyclopedia-Monetary Fund