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What does the 7-day annualized interest rate of Haifutong Monetary Fund mean? Do you charge interest on Saturday and Sunday?
"Seven-day annualized rate of return" refers to the rate of return converted from the average income of the last seven days to one year. It is a parameter to examine the long-term profitability of money funds. Monetary funds with higher "seven-day annualized rate of return" have relatively higher rates of return. However, it should be noted that this indicator has certain limitations: because if the income of a certain day is particularly high, the annualized income of seven days including this day will be raised, so it can only be used as a reference indicator for selecting products. It is important to look at the past historical performance and evaluation.

On holidays and weekends, the money fund will also benefit. Therefore, in case of some long holidays, you can buy money funds two working days before the festival to get holiday income.