With the passing of the factors at the end of the season, the expected yield of wealth management products has dropped significantly.Internet banking
Products with an expected product yield of over 6% are invisible, while the "baby legion" revenue has fallen to around 5%.
The "po" shrinks because the income of any investment product is determined by the direction of its use of funds. Take Yu'ebao as an example. The docking is the “Tianhong Zenglibao” under the Tianhong Fund. The essence is the money fund.
Money market funds are mainly invested in short-term currency instruments, and the bulk of the investment is placed in the bank's agreement deposits. According to the information, Yu'ebao's total funds of more than 80% are invested in bank agreement deposits and settlement provisions. Therefore, the bank's agreement deposit interest rate plays a decisive role in the profit of Yu'ebao. The interest rate of the agreement deposit is high, and the income of Yu'ebao is naturally high; the interest rate of the agreement deposit is low, and the income of “Bao” will also decline accordingly. So what is the bank's agreement deposit rate? That isInterbank Offered Rate
We might as well consider "money" as a commodity, and interest rates are the prices of such commodities. We know that the price is determined by the relationship between supply and demand – the supply is tight and the price is low. Reflected in the special commodity of "money" is the change in interest rates. Before the Spring Festival, enterprises and institutions of various companies were busy with settlement and year-end awards; individuals were busy purchasing new year's goods and preparing red envelopes, which caused the market's demand for “money” to soar, the funds were tight, and the shortage of “money” led to its shortage. As the price rose, the interbank offered rate rose, which led to the agreement deposit interest rate rising, and the yield of Yu'ebao, which is the main investment direction with the agreement deposit, also rose sharply. After the holiday, the market capital demand decreased, and the interbank lending rate also fell, and the corresponding money market fund's income will also decline accordingly. It can be seen that the decline in the income of Yu'ebao and various similar products is a normal market phenomenon.
In this regard, it is necessary to remind ordinary investors that investment and financial management must have the awareness of long-term matching of funds and diversification of investment. The annualized income is slightly higher than other current Internet wealth management products, and the financial market with a short investment period is suitable for investors with less investment funds and recent useful money needs. Investors with large sums of money can buyBank wealth management products
. There is no uniform standard for investors to configure different assets. Specifically, they can be examined from three dimensions: liquidity, amount of funds, and risk appetite.