Money funds are the safest in the fund market, and money funds are divided into on-site funds and over-the-counter funds. If you are a conservative investor, it is recommended to buy money funds. After buying, you must understand its interest calculation rules. After all, we have to learn to calculate the returns of the funds we hold ourselves.

What are the interest calculation rules for on-site currency funds?

The income of currency funds is generally calculated based on the net income of every 10,000 funds, with a face value of 1 yuan. Monetary funds start calculating interest on T+1 (T day refers to the trading day). T-day income = T-day position share * T-day profit of 10,000 shares/10,000.

For currency funds subscribed before 15:00 on Friday, the income will not be calculated on the weekend, and the income will be calculated starting from the next Monday; for currency funds redeemed before 15:00 on Friday, you can still enjoy the benefits on the weekend Income will not be calculated starting from next Monday.

Specific interest rate rules for types of on-exchange currency funds:

1 Shenzhen Stock Exchange Currency ETF: The tail does not count. Calculated daily and paid monthly. If you subscribe or buy on T day, the income will be calculated starting from T+1; if you redeem or sell on T day, no income will be calculated starting on T+1.

2 Real-time subscription and redemption of currency funds on the Shanghai Stock Exchange: counting the beginning does not count the end. Daily calculation, daily payment. For subscription on T day, the income will be calculated starting from T day; for redemption on T day, income will not be calculated starting from T day.

3 Shanghai Stock Exchange Currency ETF: Buying and selling does not count the beginning but not the end - if you buy on T day, interest will start on T day; if you sell on T day, interest will stop on T day. Subscriptions and redemptions are counted as the end but not the beginning - subscription on T day, interest starts on T+1; redemption on T day, interest is suspended on T+1.

Money market funds refer to funds that only invest in money market instruments. The redemption rules for on-site currency funds are to redeem before 15:00 on T day, and funds can be received at 9:00 on T+2. Cash withdrawal; redemption after 15:00 on T day, and cash withdrawal after funds arrive at 9:00 on T+3 day.