Seven-day annualized expected return is the data obtained by annualized the average expected return level of a product in the last seven days, which is generally used in money fund products.
Since its establishment, the annualized growth rate is mainly used to measure the growth of product net worth, which is generally used for net worth wealth management products, such as Yangtze River Pension and Jianxin Pension Flying over 366.
Second, the role is different.
The seven-day annualized rate of return can only be regarded as a short-term indicator, through which we can roughly refer to the recent income level, but it can not fully represent the actual annual income of this fund. 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.
Since its establishment, the annualized growth has reflected the changes in the net value of product funds. If the product is established for a long time, it reflects the average growth rate of net value in a long time. The 7-day annualization reflects the change of the expected rate of return of the fund, which is fixed in the calculation category of the past 7 days.
Extended data:
The value significance of 7-day annualized rate of return;
The seven-day annualized rate of return can only be regarded as a short-term indicator, through which we can roughly refer to the recent income level, but it can not fully represent the actual annual income of this fund. 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.
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, money fund is still an ideal substitute for short-term savings. 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.
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 rate of return in the last seven days is determined by seven variables, so the same income in the last seven days does not mean that the net income per 10,000 fund shares in the seven times used for calculation is exactly the same.
Baidu Encyclopedia -7-day annualized rate of return