What is the expected annualized rate of return of short-term financial management funds? How to calculate? Ding Hui investment
What is a short-term financial fund?
Short-term financial management fund is an innovative fund product emerging in recent years, especially an innovative bond fund aimed at the short-term financial management market. Domestic short-term financial management funds are mainly issued for 7 days, 14 days, 30 days and 60 days.
Redemption time of short-term financial management fund:
During the redemption period of short-term wealth management funds, the fund shares subscribed by the fund company's direct selling system are redeemed on the redemption maturity date, and the redemption money is generally received in about T+ 1 working day; The fund shares purchased by the consignment agency are redeemed on the redemption maturity date, and the redemption money is generally received in about T+2 working days. If the customer submits the redemption application on the non-redemption due date (T day) and the transaction fails, the redemption share will be frozen in T+ 1 working day (referred to as the freezing date) and will not be released until T+2 working days. If the freezing date is the redemption maturity date of this part of the shares, this part of the frozen shares cannot be redeemed again on this day, but can only be redeemed to the next redemption maturity date.
What are the short-term financial management funds?
7 days -2 1 day short-term financial fund:
1 month short-term financial fund: