Then the daily income calculation method is: 10000×2.8%× 1 day /365 days =0.77 yuan. So the income of eleven thousand days =0.77 yuan.

Seven-day annualized rate of return:

Therefore, the seven-day annualized rate of return can only be regarded as a short-term indicator, which can roughly refer to the recent income level, but it cannot fully represent the actual annual income of this fund. The average annualized rate of return of domestic money funds is about 5%, while the benchmark interest rate of one-year time deposits is 1.50%. As a cash management tool with excellent liquidity and safety, it is very important.

Monetary fund is still an ideal substitute for short-term savings. The establishment of this index is mainly to provide investors with more intuitive data for investors to refer to when comparing the income of money funds with other investment products. In this indicator, the yield in the last seven days is determined by seven variables, so the yield in the last seven days is the same.

It does not mean that the net income per 10,000 fund shares used to calculate the seven daily funds is exactly the same. Seven-day annualized rate of return is the annual rate of return converted from the net income per 10,000 fund shares of the Monetary Fund in the past seven days. There are usually two indicators that 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.