Since 2024, with the downward shift of the policy interest rate and the change of market funding interest rate, the overall income of cash management products has shown a downward trend, according to the data disclosed by public channels, Puyi Standard selects the existing public cash management wealth management products that have disclosed net value, 10,000 returns and 7-day annualized rate of return from June 1 to June 30, 2024, and ranks their average 7-day annualized rate of return in the past month. Launched the "Puyi Standard Cash Management Income List" for investors' reference. In June 2024, the overall average 7-day annualized rate of return of the products on the list decreased from the previous month, and the top three products were all from joint-stock wealth management companies.
In this list, the average 7-day annualized rate of return of CNCBI Wealth Management Riying Xiang Tiantianli No. 180 cash management wealth management product was 2.6411%, winning the crown; The average 7-day annualized rate of return of Ping An Wealth Management Daily Growth No. 3 42 cash management product A is 2.6192%, ranking second; The average 7-day annualized rate of return of Ping An Wealth Management Everyday Growth No. 3 12 cash management product O is 2.6170%, ranking third.
Returns: The average 7-day annualized rate of return of all products on the list was 2.4556%, a decrease from the previous period; The average 7-day annualized rate of return of the lowest listed products was 2.3050%, a decrease from the previous period. In addition, the average 7-day annualized rate of return of 15 products exceeded the average 7-day annualized rate of return of all products on the list, an increase of 3 from the previous period.
Distribution of institution types: Among the types of institutions on the list, joint-stock bank wealth management companies have the largest number of products, with a total of 15 products, accounting for 50.00%; City Commercial Bank Wealth Management Company has 7 products, accounting for 23.33%; City Commercial Bank has 5 products. On the whole, the income of cash management wealth management products of joint-stock bank wealth management companies is still dominant.
Wealth management companies' cash management income list
In this list, the average 7-day annualized rate of return of CNCBI Wealth Management Riying Xiang Tiantianli No. 180 cash management wealth management product is 2.6411%, ranking first; Ping An Wealth Management Daily Growth No. 3 42 cash management wealth management product A has an average 7-day annualized rate of return of 2.6192%, ranking second; The average 7-day annualized rate of return of Ping An Wealth Management Everyday Growth No. 3 12 cash management product O is 2.6170%, ranking third.
Income: The average 7-day annualized rate of return of the 20 products on the list was 2.5087%, a decrease from the previous period; The average 7-day annualized rate of return of the lowest listed products was 2.3430%, a decrease from the previous period. In addition, the average 7-day annualized rate of return of 10 products exceeded the average 7-day annualized rate of return of all products on the list, which was unchanged from the previous period.
Institutional distribution: 13 products of joint-stock bank wealth management companies are on the list, 5 products of urban commercial bank wealth management companies are on the list, and 2 products of state-owned bank wealth management companies are on the list.
List Description:
☆ Criteria for judging cash management products: If the product is a fixed income net value product that is open for subscription and redemption every day, and 10,000 income information is publicly disclosed, and the risk level is level 1 or 2, the product is classified as a cash management product; If the product is a fixed income net value product that is open for subscription and redemption on a daily basis, and the product name contains words such as "currency", "cash" and "liquidity", and the risk level is level 1 or 2, the product is also classified as a cash management product.
☆ For share grading products, select the share with the largest average 7-day annualized rate of return of the product for ranking.
☆ Principle of listing: Products of the same institution and series will only be ranked in the top three.
☆ In order to avoid abnormal product returns, the list excludes products that have been in operation for less than 1 month, and excludes products with the latest scale of less than 10,000 yuan.
List sample: As of June 30, the existing public cash management net worth wealth management products that disclose net value, 10,000 returns and 7-day annualized returns in public channels, of which only 10,000 income products are disclosed, and the 7-day annualized rate of return is calculated by the Puyi standard, and the specific calculation formula is:
Disclaimer:
All information and data in this ranking are from public information and legal channels, and are collected and compiled by Puyi Standard. Puyi Standard is a third-party data research organization and does not provide any sales guidance. In a prudent and diligent manner, Puyi Standard strives to ensure the objectivity and fairness of the content, but does not attach any form of guarantee to the authenticity, completeness and accuracy of the information in this ranking. The information in this ranking is for readers' reference only, past performance is not indicative of future performance, the market is risky, and investment should be cautious.