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What does the 7-day annualized rate of return of money market funds mean? The fund is closed at the weekend. Does the 7-day average yield exclude these two days?
◆ Fund daily income: refers to the daily income per 10,000 fund shares on the announcement date;

◆ Seven-day return rate of the fund: refers to the annual return rate of assets converted from the income in the last seven days (including holidays);

◆ Fund's return rate in the last 30 days: refers to the annual return rate of assets converted from the income in the last 30 days (including holidays);

There are usually two indicators to 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.