Subscription fee = subscription amount × subscription rate

Subscription share = (subscription amount-subscription fee)/unit fund net value

If you buy a money fund, the face value of the money fund will always be one yuan. Good or bad depends on the daily income.

And the money fund doesn't charge subscription fees, so your share is 1000, that's right.

Another thing to tell you is:

Money funds have no accumulated net value, and generally only publish "net income per 10,000 funds" and "7-day annualized rate of return". You may be talking about the net income per 10,000 funds, which is the daily income per 10,000 funds. 7-day annualized rate of return is for reference only.

The face value of most money market funds is always 1 yuan. The income is calculated every day, and there is interest income every day. Investors enjoy compound interest, while bank deposits are only simple interest. Monthly dividends are carried forward as fund shares, and dividends are exempt from income tax.

For example, if you have 1 10,000 money funds, the net income of each 1 10,000 fund today is 0.7 188, which means that your income today is 0.7 188 yuan, and tomorrow's income should be added with today's profit as the principal: 10000.72 yuan, and then This income is generally settled once a month by most fund companies.

There are many indicators to measure the income of money market funds, generally speaking, there are net income per 10,000 funds, 7-day annualized income, nearly 30-day annualized income, annualized income since this year, and annualized income since its establishment. Among them, the net income per 10,000 funds and the 7-day annualized rate of return are the most important evaluation indicators, and they are also indicators that need to be published every working day according to the law.

The net income per 10,000 shares of the fund refers to the data that the income from the daily operation of the money fund is evenly distributed to each share, and then calculated and compared with 654.38+0,000 shares as the standard.

The 7-day annualized rate of return refers to the annual rate of return converted from the average income per 10,000 fund shares in the last 7 natural days of the Monetary Fund.

For most investors, "7-day annualized rate of return" is the most intuitive indicator to reflect the performance of the fund. However, this is a short-term indicator, which only represents the income level of the fund in the past seven days and cannot explain the future income level. When examining this indicator, we can't ignore the concern about income volatility, because it reflects whether the fund's future income expectation is stable.

Generally speaking, if the index fluctuates greatly, the actual rate of return of investors may be quite different from that at the time of purchase. As a long-term investor, it is recommended to pay attention to the cumulative annualized rate of return (30 days or since this year). ). In this way, we can continue to pay attention to the income and stability of the fund through a certain time span.

In fact, the income level is only a factor to evaluate the merits of money market funds, which pursue "the coordination and unity of security, liquidity and profitability". Therefore, the liquidity level of assets is also an important factor of money market funds.