1. The net value of money funds is different from other open-end funds, and the net value of money funds has remained at 1 yuan.

Calculation of money fund income: the income is calculated every day, and there is interest income every day. Investors enjoy compound interest, while bank deposits are only simple interest. Monthly dividends are carried forward as fund shares, and dividends are exempt from income tax.

Explanation: In other words, the net value of the fund is always 1 yuan, and the monthly dividend of the money fund will increase your fund share. The income of the money fund has nothing to do with the net value, and the yield of the money fund is reflected in the seven-day annualized rate of return.

2. Which is higher, the yield of money fund or the interest rate of bank five-year time deposit?

At present, the annual interest rate of five-year fixed deposits in banks is 5.5%, while the highest rate of return of money funds is below 5%, which is relatively high, but the money funds are relatively flexible and convenient to access.