Internet "Baby" collectively broken 5

Following the "break 5" of Yuebao's earnings on May 11, the yield of Internet wealth management products continued to fall, and the top ten "Baby" products all fell below 5%. At the same time, if purely from the perspective of yield, the baby and financial products of the banking system have recently gained an advantage.

Lost and lost, after all, for the "baby" docking money funds, maintaining high returns of 6% or even 7% is certainly not the norm. This financial expert suggests that investors should comprehensively choose the “baby” that suits them from the aspects of mobility, convenience, and security.

"Baby" yields broke 6 consecutive break 5

On May 11th, Yuebao’s annualized yield on the 7th “broken 5” to 4.9855%, which was only 70 days away from its “breakthrough 6”. According to statistics, of the 52 Internet baby products, only 24 had a yield of more than 5% since April, accounting for less than half.

People in the industry believe that “baby” collectively declines, and for investors, the psychological impact may be greater than the actual income. Many people are concerned about the rate of return every day, not so much as the expected return on investment, but rather as "fun".

With regard to the fall of the “Baby Legion” yield, the author of the Desheng Foundation Research Center stated that the “Baby” products are backed by money funds, and analyzing their profitability means analyzing the investment income of money products. A simple comparison standard is to observe the movement of the SHIBOR (interbank interbank offering rate) in the interbank market. Investors can find that the continuous decline in the price of short-term funds in the past two consecutive months has directly led to a decline in interest income from the base, and its return is natural. Will fall back. Currently, the one-month SHIBOR interest rate has fallen to a level of 3.69%, while the yield of large-amount negotiated deposits of money funds in banks is generally between 4% and 5%, deducting management fees, custodian fees, and sales services. After the fee, the corresponding rate of return for the new agreement deposit is already only about 4%. If the babies had not previously had some high-interest deposits, the investment yield would be even lower.

Do not confuse the fluctuation of earnings

Contrary to the collective depression of the Internet kids, the banking products have begun to exert their power in the near future, hoping to regain lost ground. As of May 15, Industrial Bank "Treasurer wallet" Internet financial products on the 7th annualized yield of 5.551%, ranking first; Guangzhou Rural Commercial Bank's "treasure treasure" 7-day annualized yield of 5.454%; BOC "cash The annualized return rate of Bao on the 7th is 5.151%, and that of the Minsheng Bank “Ruyibao” on the 7th is 4.921%.

Some industry insiders predict that the future baby's return on investment will also slowly decline, the performance can maintain an annualized rate of 4.8% to 5.2%, the poor can only be maintained at about 4.5%. Therefore, investors do not have to excessively entangle the rate of return, or even frequently pour the funds between different babies. Instead, they need to consider their liquidity and security in accordance with their own needs for the use of funds. Only choosing the “baby” that suits you is the “kingdom” of investment.

Some bank product managers suggested that the fund interest rate at the end of June may still rise again and there will be investment opportunities. It is not ruled out that the bank will raise funds by pushing up the yield rate. "More than 50,000 yuan of funds can be selected to choose higher-yield wealth management products to lock in profits, and small amounts of money can be placed on 'baby' to fight inflation."