Let me give you some knowledge about the money fund.
The annualized rate of return of the money fund on the 7 th is not reliable.
The 7-day annualized rate of return does not accurately reflect the current actual rate of return of the cargo base. There are two reasons.
First, the 7-day annualization is the average value calculated according to the income of the past 7 days, which cannot reflect the latest income level of the cargo base in time. The information reflected by the 7-day annualized rate of return is lagging behind.
Second, in actual calculation, different fund companies have different calculation methods for the 7-day annualized rate of return of the cargo base. 7-day annualized rate of return may not be comparable. Looking at the annualized rate of return on the 7 th, it is impossible to know the current income level of the fund.
Want to know how much money your little turkey has earned for yourself, look at the daily income of 1 10,000 copies, not the annualized rate of return on the 7 th.