The 7-day annualized rate of return is 2.5%. This means that the average rate of return of net income per 1, fund shares of an investment and wealth management product in the past 7 days is converted into an annual rate of return of 2.5%. The 7-day annualized interest rate can only be used as a short-term reference value, and investors can judge the profitability of this investment and wealth management product in the near future according to this item. Difference between 7-day annualized rate of return and annualized interest rate

For investors, the big difference is that the annual interest rate is real in a year, while the 7-day annualized interest rate is a high probability event. The annualized interest rate is stable in a year, that is, a fixed amount that can actually make a profit. That is, the annualized interest rate that investors see when they put in the principal, that is, the profit they get after one year. For the 7-day annualized interest rate, its defect is that it belongs to a high probability event. That is, the seven-day annualized interest rate is not equal to the specific profit. The 7-day annualized interest rate is the index value after taking into account the fund's previous 7-day return rate and then completing the annualized calculation.