The so-called daily income 10000 copies reflects the income of the fund on that day; For example, if you buy 1 10 on February 29th, 20 10, you will get 1.22 13 yuan after holding it for one day. But this income is settled on a daily basis and carried forward on a monthly basis. Therefore, the number of fund shares will not increase every day, but will be converted into fund shares after one month.
The so-called seven-day annualized rate of return is the average income level of the fund in the last seven days, and the data obtained after annualized calculation. For example, the annualized rate of return on the 7th day of 65438+February 30th is 4.736%. Assuming that the income of Huaxia Cash Increase Fund in the coming year is the same as that in the previous seven days, the overall income will be 4.736% if it is held for one year. Of course, the daily income will change with the operation of the fund manager and the fluctuation of the interest rate in the money market, 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 and cannot represent the actual annual income.