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Does the annualized rate of return mentioned by the Monetary Fund deduct the management fee? Generally speaking, the net income of money funds is higher than that of one-year time deposits.
Hello, the management fee has been deducted.

At present, the annualized income of the money fund has been deducted from management fees, custody fees, sales service fees and other expenses.

The income of money fund follows the change of market interest rate. In the past two years, the market has been good, with a high performance of about 3.5%-4%. Last year, some good ones exceeded 4.4%, but this year it is estimated that it is not so high. It would be nice if the highest one exceeded 4%.

Recommended: Wanjia Currency, Southern Cash A, Tianzhi Li Tiande.

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