For the money fund, the funds raised by the fund are mainly invested in the money market, such as bank deposits, which earn interest every day, so there are also gains on weekends. At the same time, the money fund will calculate the income of the day every day, distribute and pay. If it is a legal holiday, the income during the holiday shall be disclosed on the second natural day after the holiday.
For bond funds, the raised funds are mainly invested in the bond market, and the income mainly comes from the change of net value and bond interest. According to the calculation of 360 days, the weekend income of bond funds is generally reflected in the net value of fund shares.
What causes the fund to rise and fall?
The rise and fall of the fund is determined by the investment object. For example, stock funds mainly invest in a basket of stocks, which determines the rise and fall of the fund. When the stock invested goes up, the fund goes up. When the stock invested falls, the fund will also fall.
Funds are divided into money funds, bond funds, hybrid funds, stock funds, index funds, ETF funds, linked funds, LOF funds, QDII funds and so on.