"Annual rate of return" is the rate of return calculated relative to the principal in one year.
The 7-day annualized rate of return is the rate of return calculated by the fund company using 7 days of income and converted into an annual rate of return.
The key to the annualized rate of return is the word "chemical", which means it is not actual but calculated from theory.
The fund's seven-day annualized rate of return is the annualized rate of return converted from the average net income in the last seven days. The calculation formula is:
The fund's seven-day annualized rate of return = ((∑ Ri/7) Rates are rounded to three decimal places.
With the disclosure of Public Offering of Fund's financial report in the fourth quarter of 2022, the allocation direction of public offering assets surfaced, giving in