Is there any income from the money fund during the Spring Festival?
During the Spring Festival, the Monetary Fund will benefit, but there is a premise that the Monetary Fund whose share has been determined before the Spring Festival will. If it is purchased during the Spring Festival, there will be no income, and after the Spring Festival, there will be income.
Monetary fund is an open-end fund that collects idle social funds, is operated by fund managers and kept by fund custodians. Compared with other funds, it has the characteristics of low risk, good liquidity and stable income.
Why does the money fund have income?
Because the money fund does not invest in the stock market, its investment targets are short-term securities such as government short-term bonds, corporate bonds, treasury bills, bank time deposit certificates, commercial bills and so on. And its investment period is short, generally within 65,438+0 years, with an average of 65,438+020 days, so its liquidity is relatively good. After confirming the share, the money fund benefits every day.
In addition, it is worth noting that the money fund is the lowest risk of all fund types, so its relative security is higher. The fluctuation of the fund is very small, basically stable, and the loss of principal is very small. Unless it is a special case of a major economic crisis, it is generally more suitable for conservative investors to hold.
I hope the above content can help everyone ~