The number of subscribed fund shares is calculated on the basis of the net asset value of the fund shares on the subscription date, and the specific calculation method must meet the requirements of the relevant regulations of the regulatory authorities and be specified in the fund sales documents.
What is the meaning of Alipay's monetary fund subscription? The important thing is that you don't know the relationship between the balance in Alipay and Yu 'ebao. The balance in Alipay is the money in Alipay account, which is equivalent to the current balance in your bank card. Yu 'ebao is a wealth management product under Alipay, and Yu 'ebao is the monetary fund in Alipay's wealth management products. Transferring money to Yu 'ebao means transferring money to a wealth management account under Alipay, just like depositing money in a bank or buying wealth management products. However, it should be noted that Yu 'ebao is also a fund and a low-risk wealth management product. Although it is relatively stable and has been far higher than the bank's one-year deposit rate so far, wealth management products still have some risks.
What is the subscription of Alipay Monetary Fund?
China's financial knowledge penetration rate is not high, and some "experts" really don't want you to understand! For example, what is a money fund? What does the money fund do? Many people dare not answer easily.
If I ask you what is "Yu 'ebao"? How to use it? You can say one, two, three at once. Yu 'ebao is a monetary fund!
Money fund, as its name implies, is a fund that invests in money market instruments. It is a financial product with low investment risk, and some people call it the king of cash management.
The reason for the low investment risk is that you will understand by looking at the tools in the money market, such as government bonds, government bonds, central bank bills, bank deposit certificates and so on. , are absolutely reliable products!
This kind of financial instruments are mainly credit instruments issued by the government and banks, with high credit, strong liquidity and low risk. Therefore, the monetary fund has the characteristics of "quasi-saving".
A high degree of security makes the yield of money funds not too high compared with general wealth management products. The annualized income is generally 2%-3%, even higher than 3%, but it is impossible to exceed 4%.
The biggest competitiveness of the money fund is that its liquidity is close to demand deposits, but its income level is much higher than the bank deposit interest rate.
Money fund combines profitability and liquidity, which can be said to be a wealth management product with high profitability and cost performance. Here's a detailed introduction to the advantages of the money fund from several aspects.
1. Although the money fund contract does not guarantee that the principal will not be lost, the high security of the fund investment object determines that the money fund rarely loses the principal.
2. Money funds are easy to buy and sell, and T+0 operation can be realized. Convenient operation, short time for funds to arrive, and flexibility similar to savings.
3. The income of money fund fluctuates little, which is almost the same as that of national debt investment. Moreover, the income of the money fund is calculated on a daily basis, and there will be income every day.
4. When we buy money funds, the subscription fee and redemption fee are unnecessary, and the sales service fee, management fee and custody fee are also very low.
5. The IMF has low requirements for capital and investment experience. Many money funds don't even have a minimum investment threshold, and financial management is completely operational.
Of course, the most convenient way to buy money funds in our daily life is our most commonly used method.
You can also participate in monetary fund financing by opening some accounts, such as bank financing service account, fund company fund account, securities company stock account, etc.
In the case of family financial management, proper allocation of monetary funds will help to reduce the overall investment risk level of families, meet the needs of scientific allocation of family assets, and achieve the goal of steady appreciation of funds.
This article was originally written and first published by Mr. Jinyi 2022.
We are based in Shanghai, focusing on corporate loan financing, with abundant self-owned funds, and all kinds of non-standard products can be discussed.
We update the financial knowledge related to financing loans every day, and the written materials are arranged according to the daily consultation of customers and our work needs.
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What is money fund subscription?
According to the current bank transfer system and fund interest-bearing method, investors apply for money market funds in consignment agencies (banks and brokers) on T, and confirm and begin to enjoy the daily fund investment income on T+ 1 day. It should be emphasized that T and T+I here refer to trading days, and investors should resolutely avoid buying money market funds on the day before legal holidays. First, only "working days" are used as the confirmation time, and non-working days (that is, stock market closed days) are never confirmed and postponed.