The daily income of 1,000 yuan is 2.4% of the annualized income divided by 365 days to get the daily income, and then multiplied by 1,000 to get the daily income of 1,000 yuan.

2.4%÷365X1000≈0.065 yuan.

Seven-day annualized return: The average return level of the currency fund in the past seven days, the data obtained after annualization.

For example, the seven-day annualized rate of return displayed on a certain currency fund that day is 5%, and assuming that the currency fund's income in the next year can maintain the same level as the previous seven days, then you can get 5% by holding it for one year.

overall income.

Annualized rate of return: The annualized rate of return is only calculated by converting the current rate of return (daily rate of return, weekly rate of return, monthly rate of return) into the annual rate of return. It is a theoretical rate of return and is not the actual achieved rate of return.

rate of return.

Annualized rate of return is the annual rate of return converted from the net income of every 10,000 fund shares of a currency fund in the past seven days.

There are two methods of income carryover for money market funds: 1. "Daily dividends, carried forward on a monthly basis", which is equivalent to daily simple interest, and monthly compound interest; 2. "Daily dividends, carried forward on a daily basis", which is equivalent to

Compound interest every day.

The calculation formula for simple interest is: (∑Ri/7)×365/10000 units×100%. The calculation formula for compound interest is: (∑Ri/10000 units)×365/7×100%. In the formula, Ri is the most recent i-th (i=

1,2…..7) Earnings per 10,000 calendar days.