The current annualized interest rate is almost based on the annual rate of return, that is, the current rate of return (daily rate of return, weekly rate of return, monthly rate of return) is converted into annual rate of return to calculate, which is a theoretical rate of return, rather than the actual rate of return.
Annualized rate of return The annual rate of return converted from the net income per 10,000 fund shares of the Monetary Fund in the past seven days. There are two ways to carry forward the income of money market funds: daily dividends are carried forward on a monthly basis, which is equivalent to daily simple interest and monthly compound interest; Dividend every day and carry it forward every day, which is equivalent to compound interest every day.