Fund, broadly speaking, refers to a certain amount of funds set up for a certain purpose. It mainly includes trust and investment funds, provident funds, insurance funds, retirement funds and funds of various foundations. From the accounting point of view, capital is a narrow concept, which refers to funds with specific purposes and uses. The fund we are talking about mainly refers to the securities investment fund. According to different organizational forms, it can be divided into corporate funds and contractual funds. A fund is established by issuing fund shares to establish an investment fund company, which is usually called a corporate fund; The establishment of fund managers, fund custodians and investors through fund contracts is usually called contractual funds. China's securities investment funds are all contractual funds.
Use a special formula to solve it: f = c× [( 1+R) t- 1]/r, where f is the total amount of principal and interest due (including income and principal), c is the amount invested every year (for example, 4,800 yuan is invested in 400 yuan every month), r is the annualized rate of return, and t is the number of years the funds are deposited. Substituting the corresponding data of this product into the formula, the annualized rate of return R of 2.96% can be obtained. The above formula has also been used by banks to promote the fixed investment products of funds. The difference is that when the bank pushes the fund to make a fixed investment, it subjectively designs the annual rate of return to be relatively high, such as 20%. The total income due in this way is often large. According to the algorithm of the fund's sponsors, customers deposit in 300 yuan every month, with an annual rate of return of 20%, and there will be 654.38+0 million yuan in 20 years. At present, China is still in the period of negative interest rate, and the CPI is maintained at around 7%. Considering this factor, as a long-term investment insurance dividend product, if the yield is too low, it is not worth buying.
The above formula has also been used by banks to promote the fixed investment products of funds. The difference is that when the bank pushes the fund to make a fixed investment, it subjectively designs the annual rate of return to be relatively high, such as 20%. The total income due in this way is often large. According to the algorithm of the fund's sponsors, customers deposit in 300 yuan every month, with an annual rate of return of 20%, and there will be 654.38+0 million yuan in 20 years.
At present, China is still in the period of negative interest rate, and the CPI is maintained at around 7%. Chen Tao said that considering this factor, as a long-term investment, insurance dividend products are not worth buying if the yield is too low.
Personal suggestion: go to the company website where you want to check the money fund, and then check the income of the money fund over the years.