Money funds can generally see a seven-day expected annualized rate of return, but some people don't understand what it means and wonder, for example, what does a seven-day annualized rate of return of 2.6% mean? 10000 yuan, 7 days, 2%, what is the annual income? We have prepared relevant contents for your reference.

What is the 7-day annualized income of 2.6%?

The 7-day annualized expected return rate is 2.6%, which generally refers to the average expected return rate of the fund on the 7 th. Under the condition that the expected rate of return of the fund in the future remains unchanged, the annualized expected rate of return of the fund is 2.6%. To put it simply, the expected rate of return of 100 yuan investment is 2.6 yuan, and there may be a gap at maturity, but basically the difference will not be great.

It is worth noting that the 7-day annualized expected rate of return is 2.6%. It doesn't mean that you can get the expected return of 2.6% after investing for seven days, but you can get the expected return of 2.6% after investing for one year if the expected return remains unchanged.

10000 yuan, 7 days, 2%, what is the annual income?

Suppose that the money fund purchased by an investor is expected to earn an annualized rate of return of 2% on the 7th and the purchase amount is 10000 yuan, then the expected money earned in one year is 10000 * 2% = 200 yuan. Generally speaking, there is little difference between the actual income and the expected income, because the money fund invests in the money market, the risk is relatively small and the income is relatively stable.

The flexibility of the money fund is also better. You can usually take it out at T+ 1, which is very convenient. In addition, it is worth noting that Yu 'ebao is also a docking money fund. Compared with the money fund, the biggest advantage is that it can be deposited and withdrawn at any time, and it can also be used to pay for consumption.