Current location - Trademark Inquiry Complete Network - Tian Tian Fund - Calculation method of money market fund
Calculation method of money market fund
1. The calculation of monetary fund income is 10000 cumulative income: 10000 cumulative income is the cumulative income amount of each 10000 fund unit in a period of time. The calculation method is to accumulate the daily income of 10,000 fund units of the Monetary Fund during this period. Ten thousand cumulative income reflects the total income of monetary funds in a period of time. When converted into the yield, the accumulated yield of ten thousand copies is 100 yuan, which is equivalent to the yield of100/10000 = 1%.

2. Monetary fund is an open-end fund that collects idle funds from the society, is operated by the fund manager and kept by the fund custodian. Different from other types of open-end funds, money market instruments that specialize in investing in low risks have the characteristics of high security, high liquidity, stable income and "quasi-savings".

Due to the emergence of digital currency, a new type of money fund-virtual money fund has appeared in the field of money fund. Also known as the digital currency Fund. For example: BlackRock digital currency Fund.