The latest seven-day annualized return rate of currency fund Tianhong Yu’e Bao was 1.268%, a record low.The fund's latest income per 10,000 shares was 0.3446 yuan. Since the beginning of this year, with the decline in risk-free asset yields and the impact of new regulations on interbank deposits, the yields on money funds have dropped again.
In 2013, Yu'e Bao was born, pioneering the monetary fund model of "purchase starting at 1 yuan and redeemable at any time", and it can be operated at any time on the Alipay App.
This has greatly lowered the financial management threshold for ordinary people, allowing people to earn good returns every day with their spare money.
When Yu'E Bao was first launched in 2013, its 7-day annualized rate of return was as high as over 6%, and the maximum income per 10,000 copies was more than 1.7 yuan. If you deposit 100,000 yuan, you can earn 17 yuan a day, which is enough to buy a lunch.
Now that I save 100,000 yuan, I can’t even earn 4 yuan a day (not even enough money for a breakfast). Do you still save Yu’e Bao?
Some professionals said that currently deposit profits are being lowered, and the main purpose is still to hope that everyone can spend more, so the days of making money in the past will never come back.