Can I change the change fund every day?
You can't change a variable fund every day, although the 7-day annualized rate of return of each variable fund is different. For example, the 7-day annualized rate of return of Warburg Cash A is the same as the 7-day annualized rate of return of Guo Fu's rich wallet currency, and some people will change which one is better according to which one is higher. There's nothing wrong with that.
However, it takes one working day to confirm the fund conversion, so you can't change the change fund every day.
Change the change fund often, okay?
If you change funds frequently, there will be a loss of income, because it takes one working day to confirm the fund conversion. After the fund is transferred out on T day, there will be no income, and it can only be profitable on T+ 1 day.
In addition, the 7-day annualized rate of return of the change fund will change. For example, Huabao Cash A Fund, which returned today, had a high annualized rate of return on the 7th, and it fell in a few days. It is not good to switch to another 7-day annualized rate of return fund, and it will fall again one day higher. Such frequent replacement often loses revenue. From this point of view, it is not good.
Summary: the change fund cannot be exchanged every day, and it takes one working day to confirm the fund conversion. In addition, if the fund frequently exchanges small change, it will lose revenue, because it takes one working day to confirm the fund conversion. After the fund is transferred out on T day, it will not be profitable until T+ 1 day.