When does a money market fund start calculating returns?

Subscribe for currency on T day**, interest will be calculated on T+1 trading day. For example, if you subscribe to the currency** before 15 o'clock on Friday, then you will start to enjoy the benefits on the next trading day (Monday), and after 15 o'clock**, you will start to enjoy the benefits on the next Tuesday.

How to calculate the income of currency ** can check the **product manual, or contact the customer service of **company for consultation. If it is Ping An Bank, the rules of income:

1. If you purchase before 15:00 on the trading day, you will confirm and start calculating the income on the next trading day after the purchase;

2. If you purchase after 15:00 (inclusive) on a trading day and on holidays, you will be recognized and start to calculate the income on the second trading day after the purchase.

2. Ping An's profit is calculated daily and carried over to the share after 17 o'clock.

Currency is less risky, the net value of the unit is 1, there is no subscription and redemption fees, and some prudent investors prefer it.

Its income is generally calculated according to the income per 10,000 shares, that is, the currency **income of the day = the available **share of the day and the income of 10,000 shares on the same day is 10,000. For example, when holding 10,000 shares, the income of 10,000 shares is, then the currency **income of the day = 10,000 yuan.

Extended information: Currency is an open kind of money that gathers idle funds in the society, is operated by a manager, and is kept by a custodian, which is specially invested in money market instruments with low risk, which is different from other types of open-ended, with high security, high liquidity, stable returns, and the characteristics of "quasi-savings".

Investment Areas. Currency assets are mainly invested in short-term currency instruments (generally with a maturity of less than one year, with an average maturity of 120 days), such as treasury bonds, central bank bills, commercial papers, bank certificates of deposit, short-term bonds, corporate bonds (with higher credit ratings), interbank deposits and other short-term valuables.

Product Features: 1. Principal safety: Most of the money market investment varieties determine that the risk is the lowest in all kinds of money, and the currency contract generally does not guarantee the safety of the principal, but in fact, due to the nature of the currency, the loss of the principal rarely occurs in reality.

In general, currency** is considered a cash equivalent.

2. Strong capital flow: Liquidity comparable to demand deposits. **Convenient to buy and sell, short time for funds to arrive, high liquidity, generally** redemption of one or two days of funds can be received. At present, the company has opened the instant redemption business of currency, which can be received on the same day.

3 Higher yields: Most money markets** generally have the same level of yield as Treasury investments. In addition to investing in exchange repurchase and other investment tools that can be invested by general institutions, the money market can also enter the interbank bond and repurchase market and the bank bill market for investment, and its annual net yield can generally be compared with the one-year fixed deposit interest rate, which is higher than the income level of bank savings in the same period.

Not only that, but the money market** can also avoid hidden losses. When inflation occurs, real interest rates can be low or even negative, and the money market** can keep abreast of interest rate changes and inflation trends to obtain stable and higher yields.

4. Low investment cost: The trading fee is generally free of handling fees, and the subscription fee, subscription fee, and redemption fee are all 0, and the capital in and out is very convenient, which not only reduces the investment cost, but also ensures liquidity. The first subscription is 1000 yuan, and the second purchase is increased in units of 100 yuan.

5 Dividends are tax-free: the face value of most money markets will always remain 1 yuan, the income is calculated every day, there is interest income every day, investors enjoy compound interest, and bank deposits are only simple interest. The monthly dividends are carried forward to ** shares, and the dividends are exempt from income tax.

If ** is 10,000 yuan, and the existing shares are 10,364 shares, the unit income per 10,000 shares (yuan) is, and the annual return on assets converted from the last seven days is %. The calculation of the income is as follows: the only way to distribute the dividend of currency ** is "dividend transfer", and the accumulated income is carried forward to the share of currency ** every month.

When you redeem it, it's 1 yuan for 1 share, and your current cumulative share is 10,364 shares, and it's 10,364 yuan when you redeem it. At that time, I bought it for 10,000 yuan, and now the income is 364 yuan.

The net value of the unit of currency ** is always 1 yuan, and its income is distributed every day (there are fluctuations, and it is different every day), and its income distribution is announced in the way of "income per 10,000 shares", "10,000 shares of income means that every 10,000 shares of currency ** share can obtain income today is yuan. "7-day APR" is the average return of the last 7 days converted into a one-year yield.

"Earnings per 10,000 shares" is the actual income you get every day, and "7-day annual yield" is a parameter that examines the long-term profitability of a currency.

Also, if you redeem all your shares at once, the uncarried earnings will be cashed out at the same time.

The seven-day annualized rate of return is an important indicator of the performance of currency investment, and many investors use it as a selection criterion for investing in the currency market.

Additional Information:**Account Opening Requirements:

As long as the investor is over 18 years old, he can apply for opening an account with a valid ID card and bank card, and the account can be opened through the following channels: **company, bank outlets, third-party **sales platform, **company**.

There are certain differences between them when opening ** accounts on these platforms:

Investors go to **company** to open, and the handling fee is lower than other ways, however, investors can only buy ** issued by the company, and need to open an account again to buy others**, which is relatively troublesome; Investors open an account on a third-party sales platform, for example, Alipay, compared with opening an account at a company, investors cannot buy an account that is traded on the floor; Investors need to charge a certain transaction commission for purchasing through the **account opened by the company, which is generally charged at 3/10,000, and if each transaction is less than 5 yuan, 5 yuan will be charged.

There are the following differences between **subscription and **subscription:

1. The difference in time.

**Subscription, generally after the establishment of **, and **subscription is generally during the raising period of **, and when the interest generated during the subscription period is established, it will be automatically converted into the investor's **share, that is, the interest income increases the investor's subscription share.

2. The rates are different.

During the subscription period, in order to raise funds as soon as possible, the listed company will carry out a discount operation on the subscription rate, resulting in its subscription rate generally being lower than the subscription rate.

3. Different transaction methods.

After subscription, investors need to wait until the end of the closed period before they can redeem the operation, and after the subscription, generally on the next trading day, investors can sell the operation, and at the same time, there is a longer closed period after the subscription, which will increase the uncertainty risk of investors holding **.

How do you calculate the return of currency**??? 10,000 earnings are generally only for currencies**. Refers to how much income can be obtained per 10,000 shares, and the 10,000 earnings of the day are announced every working day evening, such as Saturdays, Sundays or holidays, **10,000 earnings will be announced 2 working days after the holiday, and the earnings of Saturday and Sunday will be announced together.

The annualized rate of return refers to the conversion of the current rate of return (daily, weekly, and monthly) into an adult rate of return, which is a theoretical rate of return, not a real rate of return achieved. For example, if the daily rate of return is 1/10,000, the annualized rate of return is days = calculation formula: annualized rate of return = [(investment income principal) investment days] * 365 days x 100% 7-day annualized rate of return is generally only for currency **.

It refers to the annualized rate of return converted from the average return per 10,000 earnings of currency** in the last seven natural days, and is not the return of currency** in seven days. Calculation formula: 7-day annualized rate of return = * 100% For example, a certain currency ** product A, its income per 10,000 shares, 7-day annualized.

If the mystery buys $10,000 in A currency**. Calculate a year's income with 10,000 earnings = a year's income calculated with a seven-day annualized income = 10,000 * We found that the calculation of a year's income is not the same, and the annualized return calculated by these two indicators is inaccurate, we know that the income of currency ** is actually constantly changing, that is, the real annualized return needs to calculate the actual income of each day and then do the annualized income processing. Annualized rate of return = [(investment income principal) investment days] * 365 days x 100% For example, the cumulative value of the daily rate of return of 10,000 yuan is 278, and its annualized return = [(278 10000) 365] * 365x100% = the level of the yield, which is usually an important indicator for us to screen **, not only the currency**, but also the bonds ** and **** behind the indicator are also given a high status, but the higher the general yield, the greater the risk.

When buying money market**, we will often see two indicators, one is the return per 10,000 shares** (referred to as the return of 10,000 shares), and the other is the 7-day annualized return. How should you compare when looking at earnings in the early and late stages?

Which one to look at depends on the purpose of your view. The 10,000 returns are the real returns generated by holding the money market every day, and the 7-day annualized rate of return is the average rate of return calculated in the past 7 days.

If you want to see the profit and loss of the money market** you have held, you should look at the 10,000 gains, which represents how much money is made per 10,000 money markets** per day. For example, the income of 10,000 shares of a money market** is that it means that every 10,000 copies of the money market** on the same day has achieved a yuan return, and if you hold 200,000 copies of the money market**, the income obtained on the day is yuan.

The return of the currency is fluctuating with the market, and the return is different from day to day.

The specific daily currency** return is calculated as follows:

Currency**Profit calculation formula: (

Currency** Funds 10000

The company's earnings per 10,000 shares announced on the day of x.

For example, the income of 10,000 shares refers to the purchase of 10,000 copies of currency**, that is, the currency of 10,000 yuan**, and the income on March 12 is yuan, that is, the "yesterday's income" seen on March 13. If you buy 5,000 yuan of currency**, then the profit is yuan, if there is 20,000 yuan, then the income is yuan, and so on.

How is the expected annualized expected return of daily currency** subscription and redemption calculated?

For the subscription of ** shares on the same day, the ** distribution expected annualized expected return enjoyed from the next working day. When redeemed on the same day, the expected annualized expected return of the distribution will no longer be enjoyed from the next business day. For example, if you subscribe for ** shares on Monday, you will enjoy ** expected annualized expected return from Tuesday onwards.

And if the ** share is redeemed on Monday, the last time the investor can enjoy the expected annualized expected return is Monday.

How is the expected annualized expected return for special time currency** calculated?

If the subscription and redemption are made on Friday, the ** shares subscribed by investors on Friday are not entitled to Friday and week.

6. Expected annualized expected return on Sunday; ** shares redeemed on Friday are entitled to Friday and weekly.

6. Expected annualized expected return on Sunday;

How is the expected annualized expected return for a currency**holiday calculated?

About subscription. Unlike **, currencies** also enjoy an expected annualized expected return on holidays. However, investors assume that investors will not enjoy the expected annualized expected return during the holiday period, that is, the expected annualized expected return will start on the first day of the first company.

About redemption. Investors who redeem their ** shares on the last open day of the holiday are entitled to the expected annualized expected return on that day and throughout the holiday period.

For example, if you subscribe for ** shares on April 30, the expected annualized expected return will be calculated from May 8; If the ** share is redeemed on April 30, the expected annualized expected return on April 30 will be available and will include the expected annualized expected return from May 1 to May 7. On May 8, the expected annualized expected return of the ** will no longer be enjoyed.

The calculation of the monetary ** income is the cumulative income of 10,000 shares: the cumulative income of 10,000 shares is the amount of income accumulated per 10,000 units of ** in a period of time. The calculation method is to accumulate the daily income of 10,000 units of the currency base during this period.

The cumulative return of 10,000 shares reflects the total return of the currency** over a period of time. Converted into a rate of return, 100,000 cumulative income of 100 yuan is equivalent to a rate of return of 1% (100 10000 = 1%).

Without considering compound interest returns, the formula for calculating returns is: income of the day = **share of currency** 10,000 bending income of the day 10,000.