The rate of return marked on this wealth management product is generally floating income, ranging from 1.7% to 4. 1%, so the standard rate of return is generally a structured wealth management product. This wealth management product will be explained in the product manual as being linked to a futures commodity, such as gold futures or stock index futures. If the highest futures price in the manual is reached, the interest rate will be 4. 1%, and if it fails to meet the requirements, it will be reduced accordingly.
The annualized rate of return is generally used to express the income of money funds, which refers to the average income level of wealth management products and the data obtained after annualization. For example, the seven-day annual interest rate is to average the yield of the last seven days, so as to calculate the yield of one year. Another example is that the annualized rate of return of a monetary fund on that day is 2. 18%. If the money fund's income in the next year can remain the same as that in the previous seven days, the overall income can be 2. 18% if it is held for one year.
The annualized rate of return can be used as a reference index, but seven days can only be used as a short-term reference to the possible profit and loss level, which can not fully represent the long-term income level of the corresponding products. If you want to know the exact income of the day, you need to calculate it according to every 10 thousand income. Today's fund (RMB) * 10,000 returns on the same day/10000, and the 7-day annualized rate of return is still worthy of reference as a short-term indicator. If you want to know the long-term income of the fund, you can refer to the income in the last six months or 1 year. In addition, users need to be cautious about the overall understanding and control of wealth management products.
1, * * similarity between annual interest rate and annualized income
Both of them are used to calculate the income generated by wealth management products in one year. For example, whether the annual interest rate is 5% or the annualized interest rate is 5%, it means that the interest rate of financial management for one year is 5%. For example, the annual interest rate and annualized interest rate of 1 10,000 yuan are both 5%, so the annual wealth management income is 50,000.
2. The difference between annual interest rate and annualized income.
There are two differences: the interest-bearing method and term are different.
1) interest calculation method: the annual interest rate is in years. For example, the annual interest rate of one-year time deposit is 1.75%, and the annual interest rate of two-year time deposit is 2.25%. The annualized interest rate may be 1 day, 1 week to 365 days, which translates into one year's interest. The interest rate of a financial day is 2/ 10000, and the annualized interest rate is calculated by multiplying 2/ 10000 by 365 days, which is 7.3%.
2) Term: The term of annual interest rate is calculated on an annual basis. Generally speaking, the annual interest rate 1, 2, 5, etc. A wealth management company is calculated in multiples of one year. The calculation time of annualized interest rate is generally any number of days between 1-365 days. For example, the 7-day annualized interest rate of Yu 'ebao is 3.7%, which means that the 7-day interest rate of Yu 'ebao is converted into one-year interest rate.