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Which monetary fund carries forward the income on a daily basis?
1. Monetary funds are basically settled on a daily basis, with an annualized rate of return of seven days, calculated according to the average income of seven days.

2. The income of the Monetary Fund is settled daily, generally converted into shares in a centralized way every month, and the income can only be redeemed together if it is redeemed in full. There is no practical significance in the daily knot. Although in theory, daily settlement is equivalent to daily compound interest and monthly settlement is equivalent to monthly compound interest, there is no need to discuss the difference between daily settlement and monthly settlement because the yield difference of money fund is larger than that calculated by two kinds of compound interest (although the yield difference of money fund is not big).

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