Is there any income from the May Day holiday fund?
Not necessarily, it mainly depends on what kind of fund products investors buy. Under normal circumstances, index funds, hybrid funds and stock funds will rest with the market on holidays and will not generate income, but money funds, bond funds and QDII funds will have income.
Take the Monetary Fund as an example. As long as the money fund confesses its proportion during the holidays, it will generally make a profit during the holidays. If the holiday fails to confess the proportion, it will be postponed to the first business day after the holiday, and the profit will flash back the next day.
It should be noted that the monetary fund T+ 1 mechanism, T refers to the working day, and the trading time of the fund is before 15:00 every day. Suppose investors buy money funds before T-day 15:00, and enter the market in proportion on the same day, and calculate the interest on the second working day, and see the previous day's income on the third working day.
Of course, in addition to fund products, investors can also choose to buy reverse repurchase products of government bonds during the May Day holiday. Under normal circumstances, at the end of the month, at the end of the season, at the end of the year and during holidays, the proceeds of reverse repurchase of government bonds will soar, which is more suitable for short-term investment.