The net value of money market funds has been maintained at 1 yuan. On the dividend day of the fund, the part of the fund whose net value exceeds L yuan is automatically reinvested in the form of dividend, which is converted into an increase in the fund share held by the basic people. A citizen has as many fund assets as he has fund shares. So do you know what the main benefits of money market funds are?

1, 7-year annualized rate of return

The 7-day annualized rate of return is to convert the average rate of return in the last 7 days into the whole year. For example, the 7-day annualized rate of return of 65438+1October 10 is to average the daily income of 65438+ 10 for seven consecutive days, and then multiply the daily average rate of return by 365. With such a benchmark, the income level of money market funds will be clear at a glance.

If the 7-day annualized rate of return of a money market fund is 3% on the same day, assuming that the income of the money market fund in the next year remains unchanged at the level of the previous 7 days, then investors can get 3% of the overall income if they hold it for one year. Of course, the daily income of money market funds will constantly change with the operation of fund managers and the fluctuation of money market interest rates, so it is unlikely that the fund income will remain unchanged for one year in actual operation. Therefore, the 7-day annualized rate of return can only be used as a short-term indicator and cannot represent the actual annual income of money market funds.

2. Income per ten thousand fund units

"Income per 10,000 fund shares" is the absolute amount of income denominated in RMB, which is the total income of all natural days from the day after the last announcement to the deadline of this announcement, and the income calculated according to the actual number of days in the current year in 65,438+0 years. The formula for calculating the income per 10,000 fund units is:

Income per 10,000 fund units = total income of the fund/total number of fund awards * 10000.

The higher the income per 10,000 fund shares, the higher the real income investors can get every day. After the fund contract comes into effect, the fund manager shall announce the net asset value of the fund and the seven-day annualized rate of return at least once a week before starting to purchase or redeem the fund shares. After purchasing or redeeming fund shares, the fund manager shall disclose "income per 10,000 fund shares" and "seven-day annualized income string" in the designated newspapers and the manager's website the day after each open day.

Here, investors also need to pay attention to the fact that most money market funds adopt the interest-bearing method of daily settlement, and the accumulated interest is sent to the fund investors' accounts on a monthly basis, so that each investor's income can be "safely pocketed" on a regular basis. Money market funds do not need to pay any fees for subscription and redemption, which determines that it has no restrictions on subscription and redemption.