the full name of ten thousand copies of daily income is "ten thousand copies of daily fund unit income", which refers to the result that the income from the daily operation of the money fund is evenly spread to each unit share, and then the net income is calculated based on ten thousand copies. In order to make an intuitive comparison with other money funds and wealth management products, investors can convert daily income into annualized rate of return. For example, a fund earned 1, units in 1.5 yuan yesterday. Since the daily net value of the money fund is the same, the unit return is 1.5 yuan /1/1 yuan =.15, and the annualized return is .15*365*1%=5.475%. During holidays, it is generally published in a consolidated way, and it is the same every day. For example, dividing ten thousand copies of income on Saturday and Sunday by two, then dividing by 1 and multiplying by 365 is the most real rate of return of money market funds at that time.

the seven-day annualized rate of return is the annual rate of return converted from the net income per 1, fund shares in the last seven natural days of the Monetary Fund. Under different methods of income carry-over, the calculation formula of seven-day annualized rate of return should also be different. At present, there are two ways to carry forward money market funds. One is "daily dividend, which is carried forward monthly", which is equivalent to daily simple interest and monthly compound interest. The other is "daily dividend, daily carry-over", which is equivalent to daily compound interest. The simple interest calculation formula is: (∑ RI/7) × 365/1× 1%. The formula of compound interest is: (∑Ri/1 copies) 365/7×1%. Among them, Ri is the income per 1, shares on the latest I-th Gregorian calendar day (I = 1, 2 ………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

As a short-term indicator, the 7-day annualized rate of return is only the information of the fund's profit level in the past 7 days, and does not mean the future income level; And it is an average. If the income rises or falls one day in the past seven days, it will have a great impact on the average. What investors really care about is the second indicator, that is, the income per 1, fund units. The higher this indicator is, the higher the investors will get real income. Since the fluctuation of daily income of 1, shares is greater than the annualized income of seven days, professional investors will pay special attention to the annualized income of holiday income of 1, shares and observe the stability of this group of indicators over a period of time. The income of 1, copies during holidays can be called the most real rate of return of money funds, because fund managers can't adjust the income of funds during holidays.