What is the profit model of the money fund _ Is the money fund risky?

The money fund mainly invests in the money market, not in the stock market, with relatively small risks and relatively stable returns. Most conservative investors prefer to buy money funds. So what is the profit model of the money fund? The following small series will answer your question.

What is the profit model of money fund?

The profit model of money fund is mainly to obtain interest income and bill discount income by investing in short-term bonds and money market instruments. Short-term bonds usually have low risk and relatively stable returns, which makes the money fund's investment portfolio provide relatively stable returns.

Monetary funds mainly invest in government bonds, short-term bills of financial institutions, time deposits and other liquid and low-risk financial instruments. Because of the short term of these instruments, the fund can choose to buy similar instruments again when they expire, so as to realize the rolling investment of funds and obtain continuous interest income. In addition, the money fund can also obtain the discount income of short-term assets through bill discount.

Is the money fund risky?

Although money funds are usually considered as low-risk investment products, it does not mean that there is no risk at all. The following are the risk points of some money funds:

Market risk: Although the portfolio of the money fund is mainly composed of low-risk instruments, its net value is affected by the fluctuation of market interest rates. If the interest rate rises, the price of short-term bonds may fall, resulting in a decline in the net value of the money fund.

Liquidity risk: although money funds usually have good liquidity, under special circumstances, when the market liquidity is tight or the fund scale is large, the fund may not be able to pay its share in time, and there is redemption risk.

Is it necessary to buy a money fund?

This varies from person to person. If you want to manage money and make money, that's a must. If you don't want to manage money to make money, it's not necessary. Although the money fund's income will not be high at once, its losses are also small, its income is relatively stable and its risks are relatively low.

In addition, the liquidity of the money fund is relatively good, and it is very convenient to deposit and withdraw money at any time. When buying, you can look at the past performance of the money fund and try to choose the one with good past performance. Although the past performance does not represent the future, it will still have some reference.

What is the date of the fund you bought at 6 pm?

If it is a fund bought at 6 pm on the trading day, it is calculated on T+2, that is, according to the net value at the close of the second trading day, the share is confirmed on the third trading day, and the income is calculated after the share is confirmed.

Generally speaking, the trading hours of this fund are: Monday to Friday at 9: 30 am-1:30, and in the afternoon 13:00- 15:00. It is worth noting that the market is closed on legal holidays, Saturdays and Sundays, and the trading time is subject to 3 pm.

If it is a fund purchased after 3 pm on the trading day, it will be calculated according to the net value at the close of the second trading day, and the share will be confirmed on the third trading day, and the income will be calculated after the share is confirmed.

How many days does it take for the fund to transfer to Yu 'ebao?

There are many kinds of funds, and the time required to transfer them to Yu 'ebao is different. The funds in Alipay can generally be divided into: money fund, bond fund, mixed fund, stock fund, index fund and QDII fund, among which money fund, bond fund, mixed fund, stock fund and index fund are generally received at T+ 1.

To give a simple example: suppose an investor buys a stock fund. /kloc-if the transfer application is made before 0/5: 00, it will be received before 24: 00 on the next trading day. It is worth noting that the trading day of the Fund refers to Monday to Friday, excluding Saturday, Sunday and holidays.

If the transfer-out application is filed before Friday 15: 00, it must be received before 24: 00 on Monday, provided that next Monday is not a holiday but also a trading day. However, if it is Monday to Thursday, it usually arrives before 24: 00 the next day, so if you want to quickly transfer the funds to Yu 'ebao, you'd better avoid Saturday, Friday, Sunday and holidays.

However, it is worth noting that the time for QDII funds to reach Yu 'ebao is relatively slow, which depends on the fund regulations. Generally, it will arrive in 4~ 10 working days. When buying a fund, you should pay attention to the details of the fund, which will generally be explained.