2. What does the 7-day annualized rate of return of11%mean?
The average annualized income of financial management in recent seven days is 2. 1 1%. The rate of return refers to the annualized rate of return of the money fund. 7-day annualized rate of return 2. 1 1% means that the average annualized income of wealth management in the past seven days is 2. 1 1%. Since the interest rate of the money fund is different every day, the seven-day annualized rate of return can be used to reflect the income in the last seven days. It should be noted that the seven-day annualized rate of return can only be used as a short-term indicator, which can roughly reflect the recent income level, but it cannot fully represent the actual annual income of this fund.