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Million profit

Edit: Financial 360 finishing Source: Fusion 360 Date: 2014-03-24


Thousands of returns refer to the average daily income of a currency fund being allocated to each share, and then measured and compared based on 10,000 copies.
Million profitMeans that the average daily income of the money fund is spread over each share, and thenMillions of copies are measured and compared. It is the actual income that is credited to the investor's account on a daily basis.

Calculation formula: current day earnings =(Account funds / 10000) * Thousands of earnings for the day.

For example, purchased 20000Yuan Monetary Fund, the day's tens of thousands of profit was 1.1907 yuan, then the actual income of the day was (20000/10000)*1.1907=2.3814 yuan.
Millions of returns are usually calculated in one day, and accumulated in case of holidays. The default return is the form of reinvestment, which means that the investment share will increase.

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