Seven-day annualized rate of return is 3%. 10000 yuan investment in wealth management products, if the annual rate of return is 3%, you can get 10000 * 3% = 300 yuan after one year. Daily income 300/365=0.82 yuan. Although it is "seven-day annualized rate of return", it actually refers to the rate of return for one year. The 7-day annualized rate of return can only be regarded as a short-term indicator, which can roughly refer to the recent income level and cannot fully represent the actual annual income of this fund.

First, the so-called seven-day annualized rate of return is the average income level of the money fund on July 7, 2022, and the data obtained after annualization. For example, the annualized rate of return of a monetary fund is 2% on the same day, and assuming that the income of the monetary fund in the next year can remain unchanged at the level of the previous seven days, then you can get 2% of the overall income if you hold it for one year. Of course, the daily income of the money fund will constantly change with the operation of the fund manager and the fluctuation of the money market interest rate, so it is unlikely that the fund income will remain unchanged for one year in actual operation. Therefore, the seven-day annualized rate of return can only be regarded as a short-term indicator, which can roughly refer to the recent income level, but it cannot fully represent the actual annual income of this fund.

2. Its calculation formula is as follows: 7-day annualized rate of return = {-1} ×100%; Where: Ri is the i-th natural day in 2022 (including calculation day, i= 1, 2? . 7) The net income per 10,000 funds and the 7-day annualized rate of return shall be rounded to three decimal places.

The seven-day annualized rate of return can only be regarded as a short-term indicator, through which we can roughly refer to the recent income level, but it can not fully represent the actual annual income of this fund.