The so-called income per 10,000 shares of money market funds is a data that the income from the daily operation of money market funds is evenly distributed to each share, and then calculated and compared with 654.38+00,000 shares as the standard. The 7-day annualized rate of return is the annual rate of return converted from the average income per 10,000 fund shares for seven consecutive natural days before the announcement of money market funds.
According to reports, these two indicators are the criteria for measuring the income of the Monetary Fund. The change of income per 10,000 shares is most obvious when the fund has a large transaction or redemption, and the annualized rate of return on 7 days is the average of the income within 7 days. Even if the annualized rate of return is the same in the past seven days, it does not mean that every 10,000 earnings are the same every day.
Experts suggest that what investors really care about should be the income per 10,000 fund shares, which reflects the real income that investors can get every day. The higher this index is, the higher the real income investors can get, and there is still a certain distance between the 7-day annualized rate of return and the real income of investors. It is particularly important to note that the 7-day annualized rate of return is only the information of the fund's profit level in the past 7 days, and it is only a short-term indicator with frequent fluctuations. If we refer to the annualized rate of return, we should try our best to investigate and choose the monetary products with stable returns from a large time range.