What is the seven-day annualized rate of return? The rate of return of the last seven days is then annualized, that is, it is assumed that the average income of these seven days is the same for one year. It is usually used in financial products such as monetary funds. There are two algorithms: simple interest and compound interest.

, depending on whether the fund carries forward shares on a daily basis (compound interest) or on a monthly basis (simple interest), the formula can refer to the "Special Provisions on Information Disclosure of Money Market Funds": The simple interest calculation formula is: ((∑Ri/7)

×365/10000 copies-1)×100 The compound interest calculation formula is: ((∏Ri/10000 copies)^(365/7)-1)×100.

Among them, Ri is the return per 10,000 shares on the most recent i-th calendar day (i=1,2…..7). The following is from the encyclopedia: The so-called seven-day annualized rate of return is the average return level of the monetary fund in the past seven days.

The data obtained after transformation.

For example, the seven-day annualized rate of return displayed on a certain currency fund that day is 2%, 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 2% by holding it for one year.

overall income.

Of course, the daily returns of money funds will continue to change with the operations of fund managers and fluctuations in money market interest rates. Therefore, in practice, it is unlikely that fund returns will remain unchanged for one year.

Therefore, the seven-day annualized rate of return can only be used as a short-term indicator. It can roughly refer to the recent profit level, but it cannot fully represent the actual annual return of this fund.

What does the seven-day annualized return in Alipay mean? Alipay's derivative Yu'e Bao, Yu'e Bao is managed by Alibaba and Tianhong Fund.

Inner Mongolia Junzheng is composed of three holding investments, of which Tianhong is a state-owned asset.

The security level is equivalent to that of major banks, and the income is higher than that of bank 2-year time deposits.

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What does the seven-day annualized rate of return in the last year mean? Accumulate the seven-day income and calculate an average. Assuming that it is like this for a year, then the rate of return that can be obtained after one year is the seven-day annualized rate of return and interest.

How to calculate the interest rate of 1 cent is 10% interest rate.

What does the seven-day annualized rate of return mean? The seven-day annualized rate of return is the average return level of a monetary fund in the last seven days, which is the data obtained after annualizing it.

For example, the seven-day annualized rate of return displayed on a certain currency fund that day is 2%, 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 2% by holding it for one year.

overall income.

Of course, the daily returns of money funds will continue to change with the operations of fund managers and fluctuations in money market interest rates. Therefore, in practice, it is unlikely that fund returns will remain unchanged for one year.

Therefore, the seven-day annualized rate of return can only be used as a short-term indicator. It can roughly refer to the recent profit level, but it cannot fully represent the actual annual income of this fund.

At present, the average annualized rate of return of domestic money funds is around 5%, while the benchmark interest rate of one-year time deposits is 1.50%. As a cash management tool with very good liquidity and safety, money funds are still ideal.

Short-term savings alternatives.

This indicator is mainly set up to provide investors with more intuitive information for reference when comparing the returns of money funds with other investment products.

In this indicator, the return rate in the past seven days is determined by seven variables. Therefore, the same return rate in the past seven days does not mean that the net income per 10,000 fund shares used for the seven daily calculations is also exactly the same.

The seven-day annualized rate of return is the annual rate of return converted from the net income of every 10,000 fund shares of the money fund in the past seven days.

What does the 7-day annualized rate of return of 7% mean? The 7-day annualized rate of return of 7% refers to the expected annualized rate of return in one year of 7%. An example will make it easier to understand. For example: the principal is 10,000, and the annualized rate of return is 7%.

The yield is 7%. 1-year interest = 10000x7% = 700 yuan. 7-day interest income = (700 divided by 365) x7 = 13.4246575 yuan. What is the 7-day annualized rate of return? It means that the time of this deposit or fund is 7 days. His

The annualized return is, for example, 6%.

Then if you deposit 100 million, the interest will be 10000x6%/365=1.64 yuan. What does the seven-day annualized rate of return of 3.206% mean? The seven-day annualized rate of return is the average income level of the money fund in the last 7 days. It is calculated after annualization.

data of.

The seven-day annualized rate of return shown today is 3.206%, and assuming that the monetary fund's income in the next year can maintain the same level as the previous seven days, then you can get an overall income of 3.206% by holding it for one year.

, 100 yuan can earn 3.206 yuan.