In the investment market, money funds are highly sought after by many investors because of their high security, high liquidity and stable income. Then, it is appropriate for the depositor to start calculating the income after buying the money fund. Is there any gain from buying on the same day? Let's take a look at Bian Xiao.

Is there any gain from buying a money fund on the same day?

No, generally speaking, the money fund adopts the T+ 1 trading mode, that is, the money fund bought on the same day confirms its share on the second trading day and begins to bear interest. It should be noted that there is a time limit for buying money funds that day, and it needs to be before 15: 00 in the afternoon. If investors buy money funds after 15:00 pm, they will confirm their shares on the third trading day and start to calculate interest.

What are the buying skills of money funds?

1 Not for purchase on Friday.

If investors subscribe for the money fund on Friday, they will not be able to confirm the fund share until next Monday, and they will not be able to bear interest this weekend.

Do not subscribe the day before the legal holiday.

The principle is the same as not buying on Friday. If you buy on the day before the legal holiday, you will not be able to enjoy the interest income during the legal holiday.

It is more cost-effective to purchase at the end of the third quarter and the end of the year.

This is because, at the end of each quarter or the end of the year, the liquidity of the interbank market will be significantly tightened, and the income of the money fund will rise sharply. At this time, if there are idle funds, the income from buying will be about twice as high as usual, which is quite cost-effective.

The above are some contents of the Monetary Fund, so you can pay attention to them.