On-site money funds have no income on holidays, and on-site money funds only have income on trading days, which is similar to the trading hours of stocks. The following is the money fund organized by Bian Xiao. Can it be sold at any time? I hope it helps you!

Brief introduction of monetary fund

Monetary fund is an open-end fund that collects idle social funds, is operated by fund managers and kept by fund custodians. It specializes in investing in low-risk money market instruments, which is different from other types of open-end funds. It has the characteristics of high security, high liquidity, stable income and "quasi-savings".

Can money funds be sold at any time?

Money funds can generally be sold at any time, because the investment direction of money funds is mainly cash, bank deposits with a maturity of 1 year (including 1 year), bond repurchase, central bank bills, interbank deposit certificates, bonds with a remaining maturity of less than 397 days (including 397 days), debt financing instruments of non-financial enterprises, asset-backed securities, etc. , so the liquidity is better, generally can be sold at any time.

However, it should be noted that new funds usually have closed positions, but money funds are special. The time for money funds to open positions is relatively short, usually within one week, so they cannot be sold when they close their positions.

In other words, there will be a one-week closure period, but the length of the closure period will be somewhat different due to the different situation of each monetary fund. Therefore, when you buy a money fund, you should pay attention to the rules of the money fund and see how it is stipulated. Subject to the Fund Rules.

Generally speaking, money funds can be sold at any time after the new fund is closed. However, it should be noted that the money fund will not arrive immediately, and there will be a confirmation process. Generally, the share will be confirmed at T+ 1, and the fund redemption will be subject to 15:00. As long as it is before the trading day 15:00, the closing of the day shall prevail.

For example, suppose investors buy money funds before Monday 15:00, and after confirming their shares on Tuesday, they can sell them on Wednesday, but it is generally not recommended to sell them, so it is meaningless to buy funds because there is no money.

The same is true if investors redeem after 15:00. As long as it is any time after the trading day 15:00, it will be calculated according to the net value after the closing of the next trading day. Therefore, when redeeming, it will be better to redeeming before 15:00, and you can refer to the fund valuation.

Generally speaking, the gap between the net value of the fund and the valuation of the fund will not be great. Might as well watch it a few minutes before 15:00. At this time, the fund valuation is relatively accurate, and it can be considered to be redeemed when the fund rises, which is in the case of profit.

Is there any income from the on-site monetary fund holiday?

Because the money fund in the market mainly depends on the bid-ask price difference, the order will only be generated on the trading day, which means that there will be price fluctuation only on the trading day, and there will be no order on holidays, so there will be no income.

On-site monetary fund income = (net value at the time of selling-net value at the time of buying) x fund share handling fee. For example, the net value of a currency ETF fund is 1. 1 when it is bought, and 1.2 1 when it is sold, and investors hold 1000 copies. On the basis of not calculating the handling fee,

Can money funds be sold at any time?

★ Four common ways to buy funds

★ How does the fund judge the buying and selling points?

★ What is the general annual rate of return of money funds?

★ What is the fund handling fee for selling one 1000 yuan in 2022?

★ Does the sale of the foundation reduce the principal?

★ Is the fund sold at the closing price in 2022?