If the annualized rate of return of 5 1 1990 today is 3.63%, and the amount you buy is 654.38+ten thousand yuan, then your income is 654.38+ten thousand *3.63%/365.
There is no handling fee for purchasing 5 1 1990 fund, so you can't see the income on the same day, and you can only see it after dividends.
Extended data:
Huabao Xingye's cash increase transaction money market fund is a money fund wealth management product issued by Huabao Xingye.
The investment scope of the Fund includes:
1. Cash;
2. Notice deposit;
3. Short-term financing bonds;
4. Bonds with remaining maturity within 397 days (including 397 days);
5. 1 year (inclusive) bank time deposits and certificates of deposit;
6. Bond repurchase with a term of 1 year (inclusive);
7. Asset-backed securities with a remaining maturity of less than 397 days (including 397 days);
8. Central bank bills with a term of 1 year (including 1 year) (hereinafter referred to as "central bank bills");
9. Medium-term notes with remaining maturity within 397 days (including 397 days);
10. Other money market instruments with good liquidity recognized by the China Securities Regulatory Commission and the People's Bank of China.
If the laws and regulations or the regulatory authorities allow the fund to invest in other varieties in the future, the fund manager can include them in the investment scope after performing appropriate procedures.
Through active and steady investment in short-term financial instruments, the Fund pursues stable cash income on the premise of maintaining the safety of principal and sufficient liquidity of assets. The main investment strategies are as follows:
1. persistence strategy
On the basis of in-depth study of the macroeconomic environment, the future trend of market interest rate is expected, and the average remaining period of the portfolio is determined by analyzing the future cash flow of the fund, so as to grasp the trading opportunity. If it is predicted that the interest rate will rise in the future, the interest rate risk can be avoided by shortening the average remaining period of the portfolio. On the contrary, if it is predicted that the interest rate will drop in the future, the average remaining period of the portfolio will be extended to earn the excess income brought by the interest rate drop. The average remaining period of the fund is controlled within 120 days.
2. Yield curve strategy
The yield curve strategy is to adjust the asset portfolio according to the non-parallel movement of the yield curve and capitalize the expected changes. There are three ways to choose from: bullet strategy is to concentrate the repayment period at a certain point on the yield curve; Dumbbell strategy is to focus the repayment period on the two ends of the curve, that is, focus on investing in bonds with shorter maturity and bonds with longer maturity, and weaken the investment in medium-term bonds; Trapezoidal strategy is to focus on investing in bonds with the convex parts of the yield curve evenly distributed.
3. General configuration strategy
The generic allocation strategy mainly achieves two goals: one is to meet the liquidity demand of funds through generic allocation, and the other is to obtain investment income through generic allocation. The Fund will determine the allocation ratio of various assets according to the market size, trading activity, relative income, credit rating, average term and other factors of various varieties (government bonds, financial bonds, central bank bills, repurchase, short-term financing bonds, cash, etc.). ). Then, by evaluating the liquidity and yield spreads of various assets, the specific asset allocation ratio of assets with different maturity categories is determined.
4. Arbitrage strategy
Due to the market environment, market segmentation, differences in market participants and the abnormal difference in short-term and medium-term interest rates caused by the imbalance between supply and demand of funds, there are arbitrage opportunities in the bond spot market. Risk-free arbitrage mainly includes cross-market arbitrage in inter-bank market and exchange market and cross-variety arbitrage in different varieties of the same trading market. On the premise of ensuring the safety and liquidity of funds, fund managers will properly participate in market arbitrage, seize and grasp the risk-free arbitrage opportunity, and conduct cross-market and cross-variety operations to obtain safe excess returns.
5. Reverse repurchase strategy
Fund managers will pay close attention to the opportunities of the surge in short-term capital demand caused by the subscription of new shares, borrow funds through reverse repurchase, and share the investment opportunities of the sharp rise in short-term capital lending rates.
6. Cash flow management strategy
As a cash management tool, funds must have high liquidity. In terms of investment operation, the Fund will strengthen liquidity management by means of balanced distribution, rolling investment and optimizing term allocation. Fund managers will pay close attention to the fund's subscription and redemption, seasonal capital flow and calendar effect, and manage the cash ratio of the portfolio in a structured way. At the same time, the cash flow of the fund will be dynamically adjusted and effectively distributed through the rolling operation of repurchase and the term structure of bond varieties to maintain the full liquidity of the fund.