Since last year, Monetary Fund earnings have been sluggish. According to Wind data, as of July 9, the median of the latest 7-day annualized return was only 2.36% of all traditional monetary funds. Tianhongbao, the largest monetary fund, currently receives only 2.269% of its 7-day annual earnings, which is the lowest since its inception.
At present, Yaos 10,000 yuan income is only 0.6089, that is to say, the user invests 10,000 yuan, and the one-day income is only a little more than 60 cents.
On April 10 this year, Tianhong Fund announced that it would no longer be subject to the limit of 20,000 yuan per day and the limit of 100,000 yuan per person.
On April 19, Tianhong Yao released Q1 results for 2019, which showed that Yao made a total profit of 6.559 billion yuan in the first quarter, generating an average return of more than 72.87 million yuan per day for investors. Yao is still one of the most profitable single-commodity funds in the industry.
Since its establishment in 2013, Baobao has earned more than 176 billion yuan in revenue for its customers.
By the end of the first quarter, the net asset value of Yao was 1.04 trillion yuan, down 7.96% from the end of the fourth quarter of last year, slowing down compared with the 14.39% decline in the previous quarter, and the overall scale tends to be stable.
Source: Fast Technology Responsible Editor: Wang Fengzhi_NT2541