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Fund dividends are reinvested directly.
Hello, your analysis is correct, because the money fund carries forward the income once a month, and the account share is increasing every month after the carry-forward.

You know, money funds are based on account shares. Income not carried forward is not counted.

But after one month, the share will become 10 100, which is too exaggerated, so the annualized income will be 12%. Generally, 25-30 copies are more.

So strictly speaking, if the total amount is tens of thousands of yuan, even if the share increases slightly, the income will not increase much. If there are millions, even tens of millions, hundreds of millions of large money funds, the difference will be more obvious.

My fund sector ranks third in total. I hope I can help you. Codewords are not easy. I hope to adopt it as a satisfactory answer in time. Thank you.