Speaking of his source of income, we all know that the money fund only invests in the money market, such as bank deposits, central bank bills, short-term government bonds and other products, right? You will find that the targets he invested in are all low-risk products. The risk is relatively controllable, and these investment products can obtain fixed interest income. For example, if you deposit money in the bank, the interest will definitely be fixed. For example, investing in national debt, as long as the country is not finished, the income of national debt is relatively stable.
In addition, fund companies can earn differential income by buying assets such as bonds at low prices and selling them at high prices. But for a money market fund, its bond yield is still very low, because what is its main body? The main body is time deposits, certificates of deposit, interbank deposits, and some bond repurchases and government bonds.
Therefore, through the money market and his investment target, we can know that he is investing in low-risk products, and there will be no big fluctuations accordingly. So looking back, the income of money market funds can't always be high. At this time, some people said, look at Yu 'ebao. I remember it could soar to more than 7% and 8% at the earliest. Then why can the income reach such a high level? But you should also look at the regular schedule of the bank at that time. There was a 3% level at that time, right? Why is it so high?
Sources of income of bond funds
80% of this fund is invested in bonds. If it is less than 80%, and then the stock is less than 80%, it is a hybrid fund, right? The income sources of bond funds include five aspects:
The first is interest income. This is easy to understand, just like a bank deposit. I will pay you some interest when it expires.
The second is the difference income. Because the bond market and the interest rate market are closely linked, if the interest rate changes greatly, the price of the bond itself will also change greatly.
Income sources of stock funds
The highest return is the stock fund. Needless to say, first of all, if more than 80% of the funds are invested in stocks, you can call it a stock fund. Otherwise, stocks and bonds do not exceed 80%, which is called the main income source of hybrid funds. The income sources of equity funds include two aspects:
The first is the difference income. The second part is the company's dividend. Of course, we will also invest in some bonds and so on. However, these gains have little impact on the entire equity fund. What's the biggest? The company's profits.