Calculated based on the income of 10,000 yuan on December 4, 2019, Yu’e Bao’s daily income of 100,000 yuan was 6.424 yuan.

The daily income gained from investing in Yu'E Bao is calculated in 10,000 units, but generally the seven-day annualized rate of return is more important 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.

Which one is more profitable.

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 seven-day annualized rate of return is the average income level of money funds in the past seven days, which is the data obtained after annualization.

For example, the seven-day annualized rate of return displayed on a certain currency fund that day is 2%, and assuming that the currency fund's income in the next year can maintain the same level as the previous seven days, then you can get 2% by holding it for one year.

overall income.

Of course, the daily returns of money funds will continue to change with the operations of fund managers and fluctuations in money market interest rates. Therefore, in practice, it is unlikely that fund returns will remain unchanged for a year.

At present, the average annualized rate of return of domestic money funds is around 5%, while the benchmark interest rate of one-year time deposits is 1.50%. As a cash management tool with very good liquidity and safety, money funds are still ideal.

Short-term savings alternatives.