Performance benchmark is mainly used for net worth wealth management products, which belong to non-guaranteed floating income products. The expected income of net worth products is reflected by performance comparison benchmark, which is the expected income of investors according to the past performance of products or the historical performance of similar products.
The annualized rate of return is only calculated by converting the current rate of return (daily rate of return, weekly rate of return, monthly rate of return) into annual rate of return, which is a theoretical rate of return, not a real rate of return.
The income of products with annualized performance benchmark is calculated as follows:
Annualized rate of return = (investment income/principal)/(investment days/365) ×100%;
Annualized income = principal × annualized rate of return;
Actual income = principal × annualized rate of return × investment days /365-year rate of return, that is, the income of actual investment.
If a customer's financial principal is 100000 yuan, the annualized rate of return on performance benchmark written in the product manual is 4.8%, while the actual annualized rate of return is 5%, and the investment period is 90 days, then his actual rate of return on investment is:
Actual income =100000 * 5% * 90/365 =1233 yuan.
Ten thousand income and seven-day annualization commonly used by money funds
As the name implies, 10000 income is the income that 1 000 money fund should get on this day. The net value of the money fund is 1, that is, the fund representative of 1/yuan. For example, if1October 6th 1 1 penghua currency B 10000, the income is 0.688 1, that is to say, if you are on1October 5th165438+.
Seven-day annualized refers to the average annualized rate of return in the last seven days, which is easy to understand. What do you mean by annualized income? We will explain later.
Some people may ask, why on the same day, the 10,000-share income of Fund A is higher than that of Fund B, but the annualized income on the 7th is not as good as that of Fund B? This is because the income ratio of ten thousand shares is the same day, and the annualized ratio of seven days is seven consecutive days, and the yield of the first six days will also have an impact.
Then I want to compare the two money funds, should I look at the income of 10 thousand yuan or the annualized income of seven days? Both can be used ~ otherwise, the fund sales platform will not display two values at the same time! In order to keep the income per 10,000 shares consistent with the annualized rate of return, some platforms also put forward the concept of the previous day's annualization.
Special attention should be paid here to the currency of non-disclosure of income on weekends and the currency of monthly settlement. These two situations are special.
Generally, 10,000-yuan currency with periodic peak income does not disclose the income on weekends, so every Monday will be counted as the income on weekends, but the 7-day annualization is still relatively smooth ~ And the monthly settlement currency, if it is payment currency such as Lifelong Bao and Yu 'ebao, the sales platform will often display the estimated income instead of the real disclosed settlement income, so it is understandable that the error of accumulated income on the day of monthly settlement will change.