On-site monetary fund trading hours
The trading hours of the on-site monetary fund are from 9: 30am to11:30am from Monday to Friday, and from13: 00pm to15: 00pm. Trading is not allowed on legal holidays.
On-market monetary fund income = (net value at the time of selling-net value at the time of buying) * fund share handling fee, for example, the net value of a currency ETF fund at the time of buying is 1.2. The net value at the time of selling is 1.3 1. Investors hold 65,438+0,000 shares, and the income of the fund = (65,438) without calculating the handling fee.
You may not know much about arbitrage, but Bian Xiao will explain it in detail:
Some on-site goods bases can be purchased, redeemed and traded, so such funds can arbitrage. When the on-site transaction price is lower than the net value of the fund, you can buy it at the transaction price and redeem it at the net value of the fund to earn the discount price difference. Take Huabao Tianyi as an example. Suppose the price of a Tianhua Baotian falls to 99.82, and the annualized interest rate is 3.5%. You can earn100000 * (1-0.9982)+3.5%/365 * 65438+ in four days if you buy 65438+and redeem it on the same day.
Seeing this, I believe everyone has a clear understanding of the trading time and trading strategy of the on-site money fund, especially how to arbitrage.