What are the interest-bearing rules of the money fund?
1 on-site monetary fund
1, Shenzhen Stock Exchange, the interest calculation is either the first, or you don't enjoy the income on the day you buy it, but you enjoy the income on the day you sell it.
2. The interest-bearing head of the Shanghai Stock Exchange does not count as a house, that is, it enjoys the income on the day of buying and does not enjoy the income on the day of selling.
2 OTC money fund
T day purchase, T+ 1 day interest. It should be noted that if investors buy the money fund just one day before the holiday, they will not enjoy the holiday income during the holiday. On the other hand, if investors redeem the money fund just one day before the holiday, they will also enjoy the benefits during the holiday.
What are the advantages of the money fund?
1, the principal is safe. The risk is extremely low, and the loss of principal is very small in reality. Generally speaking, money funds are regarded as cash equivalents.
2. Strong liquidity. Liquidity is comparable to demand deposits. Easy to buy and sell, short time for funds to arrive. Money funds in the market are sold on the same day, and the next trading day is desirable.
3. High rate of return. It is much higher than the bank demand deposit income in the same period and slightly higher than the bank time deposit in the same period 1 year.
4. The transaction cost is low. Buying and selling money funds is generally free of handling fees, subscription fees, subscription fees and redemption fees.
5. The investment threshold is low. On-site monetary funds 10000 yuan.
The above are some contents of the Monetary Fund, so you can pay attention to them.