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What is the 7-day annualized rate of return of Yu 'ebao? How to calculate it?
The 7-day annualized rate of return of Yu 'ebao refers to the average income level of the money fund in the last 7 days, and the data obtained after annualization. The income of Yu 'ebao is different every day, and the calculation formula of income is = (confirmed amount of Yu 'ebao/10000)X every ten thousand income announced by the fund company on that day.

For example, the 7-day annualized rate of return displayed by Yu 'ebao on the same day is 2%, and assuming that the income of Yu 'ebao in the next year can remain unchanged at the previous 7 days, then you can get 2% of the overall income by holding it for one year.

If Yu 'ebao 0.7 yuan earns 1 10,000 yuan and invests 5,000 yuan, then the income of Yu 'ebao on that day is 0.7÷2=0.35 yuan; If there is 20,000 yuan, the income is 0.7×2= 1.4 yuan, and so on.

Extended data

Yu 'ebao is a fund management service. Transferring to Yu 'ebao means buying a money fund and enjoying the income of the money fund; ? The money fund sales service will be supported by Ant Financial Online Banking, which will cooperate with a number of financial institutions to provide more financial options. ?

Monetary funds are mainly used to invest in securities such as government bonds and bank deposits. When investors buy money market funds, it does not mean that they will deposit the funds as deposits in banks or deposit-taking financial institutions. The fund company does not guarantee that the fund will be profitable, nor does it guarantee the minimum income.

The seven-day annualized rate of return can only be regarded as a short-term indicator, through which we can roughly refer to the recent income level, but it can not fully represent the actual annual income of this fund.

Alipay official website: Introduction of Yu 'ebao's income