According to the 7-day annualized interest rate of Yu 'ebao on June165438+1October 14, 2020, the single-day income calculation method of RMB100000 *1.855010.

The seven-day annualized rate of return is the average income level of the money fund in the last seven days, which is obtained after annualization. For example, the annualized rate of return of a monetary fund is 2% on the same day, and assuming that the income of the monetary fund in the next year can remain unchanged at the level of the previous seven days, then you can get 2% of the overall income if you hold it for one year.

Extended data

Yu 'ebao is connected with Yu 'ebao Monetary Fund under Tian Hong Fund. The daily income of money funds will change constantly with the operation of fund managers and the fluctuation of money market interest rates. Therefore, it is unlikely that the fund income will last for one year. Through it, we can probably refer to the recent profit level, but it cannot fully represent the actual annual income of this fund.

Seven-day annualized rate of return calculation formula:

1, simple interest calculation formula: (daily dividends are carried forward on a monthly basis, which is equivalent to daily simple interest and monthly compound interest).

(∑Ri/7)×365/ 10000× 100%

2. Compound interest calculation formula: (daily dividends are carried forward on a daily basis, which is equivalent to daily compound interest)

(∑Ri/ 10000 copies) 365/7× 100%.