Does the fund income compound interest every day?
Fund income is not compound interest every day, but only compound interest caused by changes in net value. If you want to enjoy the maximum compound interest effect, you can choose the dividend reinvestment method when buying funds.
For example, Xiaohe bought a fund of 100 yuan with a net value of 1 yuan. Suppose the fund rose by 2% on the first day, and the cost became 102 yuan on the second day, and the net value became shares. If it rises by 2% the next day, and this 2% is increased on the basis of yesterday's net value, then the principal will become instead of 65438+ on the third day.
What is fund compound interest?
Fund compound interest is the income generated by the principal, and the income is accumulated. Simply put, the interest generated by investors every time they buy a fund is superimposed on the original fund before the investor, and then the new interest generated next time is settled.
For example, Xiaohe bought a fund of 1 0,000 yuan, took it for two years, and the yield was 60%, which became 1 10,000 yuan. Time becomes 2 years, the yield divided by 2 is simple interest, and the root sign is compound interest, so compound interest = (100%+
60%) (1 ÷ 2)- 100% = The above is about "Does the fund income compound interest every day?"