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Is the annualized performance of the fund simple interest or compound interest?
The annualized income shown by the fund is compound interest. With the increase of the net value of the fund, the increased income becomes a part of the principal. As long as the fund is profitable, then the fund is considered as compound interest.

Fund annualized income = (income/principal)/(investment days /365 days) * 100%. The annualized income of the fund refers to the annualized rate of return converted from the rate of return obtained during the existence of the fund. The annualized income of the fund will not be directly displayed in the position, and investors need to calculate it manually.