The seven-day annualized rate of return refers to the average rate of return of money funds in the past seven days, while the 10,000-share return refers to the money fund's daily income of 10,000 yuan.
For example, the seven-day annualized rate of return of Yu'E Bao on March 13 was 4.4890%, which refers to the average annualized rate of return of the seven days from March 6 to March 12.
The income of 10,000 yuan is 1.1994, which means that the income of 10,000 yuan placed in Yu'e Bao on March 12 is 1.19 yuan, which is the "yesterday income" you saw on March 13.
If you have 5,000 yuan in Yu'ebao, then your income is 1.1994÷2=0.59 yuan. If you have 20,000 yuan, then the income is 1.1994×2=2.39 yuan, and so on.
The income we get every day is calculated in 10,000 pieces of income, but generally what we look at more is the seven-day annualized rate of return, because it can intuitively see the income trend of Yu'e Bao in the past few days, and how it compares with other financial products.
The yield is higher.
The seven-day annualized rate of return and the income per 10,000 shares generally follow the same trend, but occasionally they may rise and fall.
Extended information: The full name of income per 10,000 units is income per 10,000 fund units. It refers to a data that averages the income from the daily operation of a monetary fund to each unit and then measures and compares it based on 10,000 units. It is
The actual income will be recorded into the investor's account on a daily basis.
Because the net value of each unit of a currency fund is fixed at 1 yuan, the income of 10,000 fund units is, in layman's terms, the actual income of every 10,000 funds (that is, 10,000 yuan) on that day, converted into a rate of return, 10,000 units of the fund
A unit income of 100 yuan is equivalent to a daily rate of return of 1% (income 100 yuan/principal 10,000*1 day=1%).
For example, Yu'e Bao's actual income per 10,000 units on May 18, 2018 was 0.9994 yuan, which means that the income on that day for every 10,000 yuan was 0.9994 yuan.
If you hold 500,000 shares, the profit for the day is 50*0.9994 yuan = 49.97 yuan.
Seven-day annualized rate of return, we split this word into three words: "seven-day", "annualized" and "yield" to understand: "Seven-day" and "yield" are easy to understand, that is, seven days
As for the return rate of financial products, "annualization" means expressing the return of the product on a one-year cycle.
But what is the concept of the words "seven days", "annualized" and "yield" when combined together?
We might as well shorten the "seven-day" cycle to how much?
The smallest unit for calculating returns is one day, so it is most intuitive and clear to use one day as the cycle, so that we can understand: the annualized rate of return is actually obtained by multiplying one day's rate of return by 365 days. Then, the seven-day annual rate
The compounded rate of return is what we get by summing up and averaging the daily annualized rate of return for 7 consecutive days.
It may be a bit confusing to say this, but let us explain in detail: Which data is more reliable? The seven-day annualized return rate is the average return of the fund in the past seven days, while the 10,000-share return is the true return on that day.
In fact, the return per 10,000 shares in the past 7 days also changes. If we add the sum of the returns per 10,000 shares in the past 7 days, it should be the same as the annualized return in the past 7 days.
Secondly, a high seven-day annualized rate of return does not mean that the income on that day is high. Conversely, a high income on a certain day does not mean that its income in the past seven days was high. In other words, the reference value of every 10,000 pieces of income is based on that day.
The real income, and the reference value of the seven-day annualized rate of return lies in the fluctuation of the product's income for about 7 days. This value is mainly to facilitate us to make a more intuitive comparison with other similar products or bank deposits.