What funds are profitable during the Spring Festival?
During the Spring Festival, money funds and pure debt funds will benefit. First of all, let me explain why the money fund is profitable, because the money fund invests in the money market, and the investment targets are short-term securities such as government short-term bonds, corporate bonds, treasury bills, bank time deposit certificates, commercial papers and so on. So the money fund makes a profit every day.
However, it should be noted that there is a prerequisite, that is, there must be a monetary fund whose share has been determined before the Spring Festival. If it is purchased during the Spring Festival, there will be no income, and the share will be confirmed after the Spring Festival.
Pure debt funds are profitable because pure debt funds invest 100% in bonds and do not invest in the stock market. Therefore, pure debt funds are also profitable, but there is also a premise that pure debt funds whose shares have been confirmed before the Spring Festival can be used. If it is purchased during the Spring Festival, it will not be profitable, and it will be profitable after the Spring Festival.
What fund has no income?
Funds that invest in the stock market have no income, because the stock market is closed and cannot be traded, so funds that invest in the stock market have no income. It should be noted that funds that invest in the stock market are generally risky.