The money in Yu 'ebao is actually the money fund of Tian Hong Fund. Therefore, his interest fluctuates with the market.
The specific calculation method of daily interest is: (Yu 'ebao Fund/10000 )× every 10,000 earnings announced by the fund company on the same day.
For example, the ten thousand earnings announced on a certain day are 1. 126.
Then: the income of the day = (1000000/10000) ×1.126 =1126 yuan.
Under different income carry-over methods, the calculation formula of seven-day annualized rate of return should also be different:
At present, there are two ways to carry forward money market funds:
Pay dividends on a monthly basis and carry them forward on a monthly basis, and pay dividends on a daily basis and carry them forward on a daily basis.
Whether it is carried forward on a daily basis or on a monthly basis, it is equivalent to compound interest.
The formula of compound interest is: {[π (1+ri/10000)] (365/7)-1}×100% π means continuous multiplication i= 1. . . seven
Where Ri is the nearest i-th Gregorian calendar day (i= 1, 2? .. 7) Income per ten thousand.
The seven-day annual rate of return of the Fund is rounded to three decimal places.
For example, the value of a monetary fund before opening on March 7th is 100 yuan (that is, A = 100), and after closing on March 7th is10/yuan (that is, b =1kloc-0/). Then the seven-day annualized interest rate of this fund is (101-kloc-0/00-0)/100/7 * 365 *100%.