After the money fund is purchased, T+ 1 calculates the income and calculates the interest on a daily basis. The default is dividend reinvestment, and the proceeds are directly converted into shares to continue investment.

Monetary funds generally distribute income once a month, some on the last day of the month or the first working day of the beginning of the month, and some in the middle of the month. The time when the specific income is distributed to the account is subject to the fund company.

(Reply time: 2065438+March 4, 2009, please refer to China Merchants Bank official website for the latest business changes).