Because during the New Year's Day, the stock market and fund market were closed. Therefore, if the fund's investment target is mainly stocks and there is no income, then only funds that invest in investment wealth management products that can also generate income on legal holidays will have income. Although the fund has income during the holidays, the net value of the fund will not be updated, and investors will not see the updated income until the close of the first trading day after the holidays.
How to tell whether the fund is profitable on New Year's Day;
1, a money-making fund.
Funds whose investment targets are mainly bonds will have income during New Year's Day. Because the income brought by bonds to investors mainly comes from the difference between the net value of bonds and the fluctuation of bond interest, and according to the regulations, the actual interest of bond interest is calculated according to 365 days, so even on legal holidays, bonds can generate interest stably and realize appreciation. Furthermore, the net fund value of investing in bonds will also increase, and investors will gain income.
For example, bond funds and money funds, which mainly invest in securities such as short-term treasury bonds, corporate bonds and bank certificates of deposit, can still generate income because their investment targets will also generate income during New Year's Day. Therefore, although the fund market will not open on New Year's Day and the fund net value will not be updated, it can still generate income.
2. Funds without income.
The investment targets are mainly stocks, futures and other funds, and there is no income during New Year's Day. Because the stock market and futures market are closed during New Year's Day, the stock price does not fluctuate, and futures commodities do not fluctuate, the net value of funds with such investment products as the investment target will not change, and naturally it will not bring benefits to investors.
For example, stock funds, index funds, hybrid funds and other funds with stocks as the main investment target, because the stock market is closed during New Year's Day, they can't get stock dividend income or price difference income, so their net value will not be updated and will not generate income during the New Year's Day fund market is closed.