The seven-day annualized rate of return is the average income level of the money fund in the last seven days, which is obtained after annualization.
There are usually two indicators to reflect the rate of return of money market funds: one is the 7-day annualized rate of return; The second is the income per 10,000 fund units.
As a short-term indicator, the 7-day annualized rate of return is only the information of the fund's income level in the past 7 days, and does not represent the future income level. What investors really care about is the second indicator, that is, the income per 10 thousand fund shares. The higher this indicator is, the higher the actual income investors get.