Although the return of money funds is not high, if we choose money funds with high returns to invest can also bring us ideal returns, then investors will ask, how to choose a good money fund? Here is a brief explanation of how to select high yield monetary funds.
What position does the monetary fund occupy in our financial life? The yield rate of the freight base will not be too high. It is not the responsibility of the freight base to seek high yield, but its responsibility is high security and liquidity. Generally speaking, the yield of money base is generally between one and two times of the basic interest rate of one-year bank fixed deposits. The return rate of China's monetary funds generally fluctuates between 2% and 5%. Therefore, the main function of the freight base is to serve as a cash flow planning tool.
Today, there are more than 200 monetary funds in China. How can we choose a monetary fund with excellent yield? First of all, we need to know two indicators for calculating the freight base income, the most important of which is the 7-day annualized income. For example, the yield of a cash base is 3%, which means that if you maintain the yield level of the past seven days in the next year, you will get 3% of the overall yield after one year of holding, but can you really get such a high yield after one year? No one knows this, because the 7-day annualized yield is constantly changing. Therefore, annualized income is a fictitious concept of prediction, not a real income that can be obtained.
So we also need to look at the second indicator, earnings per 10000 shares. The money base is different from other funds. When the net value of other funds rises, it means that they have made money. When the net value of other funds drops, it means that they have lost money. Multiply the fund shares you bought by the net value of the fund to figure out how much money you have made. But the net value of the money base is always 1 yuan, and all the money it has earned is converted into 1 yuan of fund shares in the form of dividends. For example, you bought 10000 copies of the goods base, which is worth 10000 yuan. The next day, the share of the goods base became 10001 copies, that is, 10001 yuan. The extra 1 yuan is called the income per 10000 copies. If you can earn 365 yuan a year by earning just 1 yuan for every 10000 shares 365 days a year, your actual annual yield is 3.65%. The income per 10000 shares can better reflect the real income level than the 7-day annualized income, but only the real data of one day can be seen, and the long-term income level of one cargo base cannot be displayed.
In fact, whether we look at the 7-day annualized earnings or every 10000 earnings, we may be fooled by fund companies. So real fund experts don't look at 7-day annualized returns and every 10000 returns at all. They look at the cumulative returns over the past six months, a year or more. Because the yield of the money base is not high and the volatility is not great, the level of short-term yield cannot represent the true investment level of fund managers. It is really said that Lu Yaozhi has seen the horse power of the people for a long time, and the fund with high long-term yield is a good fund. But we can't see such data in apps like Yu'ebao, where can we see it? Recommended here Tiantian Fund , interested friends can find the long-term return data of monetary funds.
