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Why is the monetary fund net worth less than one? Isn't it all one yuan when you buy it? Why is there a phenomenon that the net value is 0.334?
The net value of the money fund is always 1. Then 0.334 is the income per 10,000 fund units a day. The so-called net growth refers to the percentage increase of bonds and equity funds the next day. The net value of the money fund is always 1, and the growth is reflected in the increasing number of units you hold, so the net value growth is 0. For example, if you hold 10000 copies, the income of 1 10,000 copies today is 0.3, and the next day you have 10000.3 copies, and the net value is still 1.