2. At the same time, investors can increase their income by investing in some wealth management products, and indirectly realize value preservation, such as buying stocks and funds.
The income calculation method of money fund is different from that of general open-end fund. Fund companies will generally announce the income per 10,000 fund shares on the same day, that is, the income per 10,000 fund shares.
It should be noted that the income of 1 10,000 fund units is not the same as the accumulated income of 1 10,000 fund units, and buying money funds should be based on the income of 1 10,000 fund units.
Because the net value of money per unit is fixed at 1 yuan, the unit income of 1 10,000 shares is the profit of the day when the investment is 1 1,000 yuan. Converted into the rate of return, the unit income of ten thousand funds is 100 yuan, which is equivalent to the rate of return of100/10000 = 1%.
Seven-day annualized rate of return is the annual rate of return converted from the net income per 10,000 fund shares of the Monetary Fund in the past seven days.
The daily income of money funds will change constantly with the operation of fund managers and the fluctuation of money market interest rates. In fact, it is unlikely that the fund's income will remain unchanged for one year.
Therefore, the seven-day annualized rate of return can only be regarded as a short-term indicator, which can roughly refer to the recent income level, but it cannot fully represent the actual annual income of this fund.
The average annualized rate of return of domestic money funds is about 3%, while the benchmark interest rate of one-year time deposits is 1.50%. As a cash management tool with excellent liquidity and safety, money fund is still an ideal substitute for short-term savings.
The establishment of this index is mainly to provide investors with more intuitive data for investors to refer to when comparing the income of money funds with other investment products. In this indicator, the rate of return in the last seven days is determined by seven variables, so the same rate of return in the last seven days does not mean that the net income per ten thousand fund shares in the seven days used for calculation is exactly the same.
Seven-day annualized rate of return is the annual rate of return converted from the net income per 10,000 fund shares of the Monetary Fund in the past seven days.
High and low index
There are usually two indicators to reflect the rate of return of money market funds: one is the 7-day annualized rate of return; The second is the income per 10,000 fund units.