Recently, the annualized rate of return of hundreds of money funds fell below 5% on the 7th, and the overall income level of "Baby Corps" dropped significantly. In sharp contrast, the profitability of some e-commerce money funds is stable. For example, the 7-day annualized rate of return of Guangfa Tiantianhong Monetary Fund, which is connected with WeChat Licaitong and Suning Zero Money, is still higher than 5%.

65438+ On June 3 this year, when the Baby Corps celebrated its first birthday, the data of Galaxy Securities showed that the income level of the Baby Corps was not ideal. 120 monetary fund (Class A), the annualized rate of return of 100 products on the 7th is less than 5%, and the income is obviously under pressure. It is worth noting that on that day, the income of a few non-"treasure" money funds such as Guangfa Tiantianhong was still above 5%. According to the data of Galaxy Securities on June 23rd, the annualized rate of return of Guangfa Tiantianhong on the 7th has risen to 5.66%.

In essence, whether it is "Internet platform baby" or "bank baby", the docking is all monetary funds, and the investment direction tends to be homogeneous. However, in the context of the general decline in the income of "Bao" products, Guangfa Rihong can rise against the trend. Since its establishment, the annualized rate of return has remained above 5% for most of the seven days, which shows that the investment ability of fund managers is very prominent.