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Is Yu 'ebao's 7-day annualized rate of return 2.4590 high?
Yu 'ebao's 7-day annualized rate of return of 2.4590 is normally low.

The so-called seven-day annualized rate of return is the average income level of the money fund in the last seven days, which is obtained after annualization. For example, the annualized rate of return of a monetary fund is 2% on the same day, and assuming that the income of the monetary fund in the next year can remain unchanged at the level of the previous seven days, then you can get 2% of the overall income if you hold it for one year. Of course, the daily income of the money fund will constantly change with the operation of the fund manager and the fluctuation of the money market interest rate, so it is unlikely that the fund income will remain unchanged for one year in actual operation. Therefore, the seven-day annualized rate of return can only be regarded as a short-term indicator, which can roughly refer to the recent income level, but it cannot fully represent the actual annual income of this fund. Revenue per10,000 refers to 65,438+0 data measured and compared with 65,438+0 data. The annualized rate of return in recent 7 days refers to the annual rate of return converted from the average income per 10,000 fund shares in 7 natural days of the Monetary Fund.