Is the money fund profitable on weekends?
Money funds generally calculate the income on weekends and holidays, but do not show it. The income during holidays will be updated after 15: 00 on the first trading day after holidays. For example, for the money fund whose share Xiao Ming has confirmed on Friday, the weekend income is calculated normally, but it will not arrive until next Monday 15:00.
The income of the money fund is actually related to the liquidity of the financial market. If the liquidity is loose, the market interest rate will naturally fall, and the income of the money fund will also fall. On the contrary, if liquidity is tight, the market interest rate will rise.
There are also many people who are worried about the security of the money fund. In fact, compared with other funds, the security of money funds is still very high. This is because monetary fund investment tools are generally issued by subjects with very high credit, such as government, central bank and large commercial banks.