Does the fund generate expected income during the National Day (holiday)?
In fact, different funds perform differently on non-trading days. So, does the fund generate expected income during the National Day? Which foundations have expected returns?
1, Monetary Fund
Monetary fund has always been a special kind of fund. On the one hand, it has the characteristics of flexible application for redemption by other funds, on the other hand, it has high security and stable expected income. The performance of its fund's expected return is also somewhat different from that of other funds. Monetary funds are valued according to the seven-day annualized expected return.
As for the expected return on holidays, as long as the purchase is confirmed on holidays, no matter whether it is a weekend holiday or a seven-day National Day, the expected return will still be generated every day.
2. Other funds
The expected profitability of other funds is calculated according to the net value and share of the fund. The net value of the fund is generated in one day, and the investment fund does not generate expected returns until the next trading day on weekends and holidays.
How to calculate the expected income of the fund during the National Day (holiday)?
1, Monetary Fund
It has been confirmed that the money fund does not have to worry, because the National Day or holidays normally generate expected returns every day; Unconfirmed money funds purchased after 3: 00 pm on holidays will not generate expected income on holidays, that is, the expected income will be calculated after the National Day (8th).
2. Other funds
Other funds do not generate expected returns on weekends and holidays, so generally speaking, it is not cost-effective to buy funds on holidays or the day before weekends.
The above is the expected income generated by the fund during the National Day. I hope it will help everyone. Warm reminder, financial management is risky and investment needs to be cautious.