The money fund mainly invests in the money market, not in the stock market, with relatively small risks and relatively stable returns. Most conservative investors prefer to buy money funds. So is the money fund more valuable? The following small series will answer your question.
Is the money fund more valuable?
Value-preserving characteristics: Monetary funds mainly invest in short-term fixed-income instruments, such as government bonds and bank deposits. Because of its low risk and low volatility, money funds tend to maintain a relatively stable net value with relatively low risk.
Low income potential: because the money fund invests in low-risk and low-yield assets, the income is relatively low. The main goal of the money fund is to maintain the stability of the principal, not to pursue high returns.
Risk and volatility: although the risk of money fund is low, it is not completely risk-free. Especially when the economy is unstable or the market fluctuates violently, the net value of the money fund may also be affected.
Convenient purchase and redemption: Monetary funds usually have high liquidity and flexibility, and investors can purchase and redeem at any time. This makes it a choice for short-term savings, short-term investment or cash management.
How to distinguish money funds
Fund name: The name of a money fund is usually clearly marked with the words "currency", "cash" or "short debt" to reflect its investment strategy and characteristics.
Investment target: The investment target of the money fund mainly includes short-term fixed-income instruments such as government short-term bonds and bank deposits. This is different from other types of funds such as equity funds or hybrid funds.
Risk and return: the risk of money fund is low, but the return is also low. Compared with other types of funds, the return of money funds is more biased towards capital preservation or maintaining the stability of funds.
Fund reports and publicity materials: Fund reports and publicity materials provided by fund companies will contain detailed information such as fund investment strategies, basic assets and risk warnings, which investors can consult and compare.
Is it necessary to buy a money fund?
This varies from person to person. If you want to manage money and make money, that's a must. If you don't want to manage money to make money, it's not necessary. Although the money fund's income will not be high at once, its losses are also small, its income is relatively stable and its risks are relatively low.
In addition, the liquidity of the money fund is relatively good, and it is very convenient to deposit and withdraw money at any time. When buying, you can look at the past performance of the money fund and try to choose the one with good past performance. Although the past performance does not represent the future, it will still have some reference.
What is the date of the fund you bought at 6 pm?
If it is a fund bought at 6 pm on the trading day, it is calculated on T+2, that is, according to the net value at the close of the second trading day, the share is confirmed on the third trading day, and the income is calculated after the share is confirmed.
Generally speaking, the trading hours of this fund are: Monday to Friday at 9: 30 am-1:30, and in the afternoon 13:00- 15:00. It is worth noting that the market is closed on legal holidays, Saturdays and Sundays, and the trading time is subject to 3 pm.
If it is a fund purchased after 3 pm on the trading day, it will be calculated according to the net value at the close of the second trading day, and the share will be confirmed on the third trading day, and the income will be calculated after the share is confirmed.
How many days does it take for the fund to transfer to Yu 'ebao?
There are many kinds of funds, and the time required to transfer them to Yu 'ebao is different. The funds in Alipay can generally be divided into: money fund, bond fund, mixed fund, stock fund, index fund and QDII fund, among which money fund, bond fund, mixed fund, stock fund and index fund are generally received at T+ 1.
To give a simple example: suppose an investor buys a stock fund. /kloc-if the transfer application is made before 0/5: 00, it will be received before 24: 00 on the next trading day. It is worth noting that the trading day of the Fund refers to Monday to Friday, excluding Saturday, Sunday and holidays.
If the transfer-out application is filed before Friday 15: 00, it must be received before 24: 00 on Monday, provided that next Monday is not a holiday but also a trading day. However, if it is Monday to Thursday, it usually arrives before 24: 00 the next day, so if you want to quickly transfer the funds to Yu 'ebao, you'd better avoid Saturday, Friday, Sunday and holidays.
However, it is worth noting that the time for QDII funds to arrive at Yu 'ebao is relatively slow, which depends on the fund regulations. Generally, it will arrive in 4~ 10 working days. When buying a fund, you should pay attention to the details of the fund, which will generally be explained.