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How to calculate the annualized rate of return of net worth wealth management products?
The transaction form of bank wealth management products is mainly closed, and the expected annualized expected income of the products will be informed in advance, while the net worth wealth management products can only be redeemed at a specified time, and the calculation formula of expected annualized expected income is also different. How to calculate the historical expected annualized expected return of net worth wealth management products?

Introduction: How to convert the annual expected annualized interest rate into the monthly expected annualized interest rate? Software for calculating historical expected annualized expected rate of return.

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Because net worth products no longer have "historical expected annualized expected rate of return", investors need to calculate the historical net worth of products into historical expected annualized expected rate of return if they want to compare with "historical expected annualized expected rate of return" products.

The approximate formula of historical expected annualized expected rate of return is: historical expected annualized expected rate of return = (current net value-initial net value) The initial net value has been established for 365 days.

If the product has been established 1 year, the historical expected annualized expected rate of return can be directly calculated by the following formula: historical expected annualized expected rate of return = (net value on the same day last year-net value on the same day last year).

For example, the initial net value of a net-worth wealth management product is 1 yuan, and the net value is 1.05 after 270 days of establishment, so its historical expected annualized expected rate of return = (1.05-1)1.270365 ≈ 6.76.

Note: The historical expected annualized expected rate of return calculated by the historical net value of products can only represent the historical expected annualized expected rate of return, and cannot point to the future situation like the "historical expected annualized expected rate of return". Investors can take it as a reference.