Through the ranking and personal analysis of the monetary fund some time ago and recently, I have the following views:
Table1:Top Ten Rankings of IMF in June 2008
Fund Name Ranks 10,000 Fund Units Monthly Cumulative Income Annualized Rate of Return%
Long letter interest income 1 35.5933 4.27
CITIC Cash Advantage 2 34.3204 4. 12
BOC International Currency 3 28. 1902 3.38
CCB Currency 4 27.8929 3.34
Huaan Cash Fuli 5 27.6458 3.32
South cash increased by 6 27.4900 3.30
Haifutong Currency 7 27.4275 3.29
Boss's cash income 8 27.2 184 3.27
Changsheng Currency 9 27. 1966 3.26
Li Tiande currency 1026.9438+0863.23
The average value is 28.9894
From the above table alone, only Changxin interest income and CITIC cash income outperform one-year time deposit interest, and other annualized income is lower than time deposit (after-tax income)! Of course, judging from the monthly data, it seems a bit biased. We might as well look at the statistics for three months. In the second quarter of this year, the average cumulative income of 40 money funds per 10,000 fund units was 75.2084 yuan, an increase of 4.27% over the previous quarter! The top ten are shown in Table 2:
Table 2: Top Ten Monetary Funds in the Second Quarter of 2008
Fund Name Ranks Ten Thousand Fund Units' Quarterly Cumulative Income Annualized Rate of Return%
Citic's cash advantage1128.0263 5.5438+02
Wanjia Currency 2 865 443 3.46
Long letter interest income 3 84.7780 3.39
Bosera cash income 4 82. 174 1 3.29
Harvest Currency 5 8 1.9469 3.28
CCB Currency 6 865 438+0.35438+07 3.26
Yimin coin 781.13173.25
Gong Xinrui silver currency 8 79.5042 3.6438+08
Hua Fu currency 9 79.2542 3. 17
Haifutong Currency /A 10 78.9597 3.6438+06
The average value is 86.370 1
According to the medium-term situation, you can see the statistics in the above table. Relatively speaking, only the annualized income of CITIC's cash advantage beats the bank's one-year time deposit rate! Next, let's look at the situation from the statistics of the last year (July 2007 to June 2008). The overall average annual income of all 40 money funds is 364.09 yuan, which is 1.37% higher than the accumulated annual income of last month! In the annual cumulative income ranking, only 8 money funds outperformed the after-tax interest rate of one-year time deposits! See Table 3 for details:
Table 3: Annual Income Ranking of Monetary Fund from July 2007 to June 2008
Annual cumulative income of ten thousand fund units ranked by fund name.
CITIC Cash Advantage 1 47 1.68
Harvest currency 2 440.59
Wanjia Currency 3 429.43
Jutian Currency 4 4 17.80
Gong Xinrui silver currency 5 4 1 1.74
Penghua Currency /A 6 4 10.68
Galaxy Yin Fu Currency 7 408.0 1
Haifutong Currency /A 8 40 1.06
Jianxin Currency 9 390.00
Huaxia cash capital increase 10 389.05
According to the above short-term, medium-term and long-term statistics, as long as you choose excellent money funds, you can completely beat the one-year fixed deposit rate! Therefore, this monetary fund recommends CITIC's cash advantage.