At present, the seven-day annualized rate of Yu 'ebao is not as high as before, and some even dropped to 1.6%. What does this mean? How much is the balance treasure of eleven thousand years 1.6%? We have prepared relevant contents for your reference.

What does the seven-day annualized balance treasure 1.6% mean?

The 7-day annualization of Yu 'ebao is 1.6%, which means that the average income level of the Monetary Fund in the last 7 days is 1.6%, which is mainly a display of the past fund income level for reference only.

The 7-day annualized 1.6% of Yu 'ebao is normal. Because Yu 'ebao is connected with the money fund, it is mainly invested in the money market, so the risk is very small, and the income is relatively stable, not very high.

How much is the balance treasure of eleven thousand years 1.6%?

If the annualized rate of Yu 'ebao is 1.6% in seven days, the annualized rate of return after one year is 1.6% and the purchase amount is 10000 yuan, then the money you can earn is:1000 *1.6% =/kloc. Secondly, if the yield of Yu 'ebao is too low, you can see which money fund is docked. If you are not optimistic, you can switch to a money fund with high yield.