Is the foundation profitable on Saturday and Sunday?
1. Equity funds have no income on weekends. Equity refers to funds linked to the stock market, such as index funds, stock funds and hybrid funds. Because the stock market does not trade on weekends, there will be no income if it does not trade.
2. Money funds make money on weekends because they invest in money market instruments, such as deposits, certificates of deposit, short-term bonds and central bank bills. These products all bear interest on a daily basis, so the money fund also earns money on weekends. The money fund's income is paid on a daily basis, and the weekend income will arrive together on Monday.
3. Bond funds also have income on weekends, because the income of bond funds is divided into income generated by changes in the net price of bonds and income generated by bond interest, which is calculated according to 360 days. Therefore, although there is no transaction over the weekend, it will also generate interest income. However, because it is a rest day, the bond price will not change, so the investor's account income will not be updated on weekends, but generally on working days.
Generally speaking, not all funds have no income on weekends. If you invest in money funds and bond funds, you can still enjoy the benefits on weekends. These two funds belong to low-risk funds and are suitable for most stable investors.