Current location - Trademark Inquiry Complete Network - Tian Tian Fund - What does the seven-day annualized rate of return mean? For example, the annualized rate of return for seven days is 5%, which can be understood as one year 100 yuan. Can there be 5 yuan interest?
What does the seven-day annualized rate of return mean? For example, the annualized rate of return for seven days is 5%, which can be understood as one year 100 yuan. Can there be 5 yuan interest?
Seven-day annualized rate of return is the annual rate of return converted from the net income per 10,000 fund shares of the Monetary Fund in the past seven days. For example, a money fund shows an annualized rate of return of 2% in seven days. Assuming that the monetary fund's income in the next year can maintain the same level as that in the previous seven days, it can get 2% income if it is held for one year.

Of course, the daily income of the money fund will constantly change with the operation of the fund manager and the fluctuation of the money market interest rate, so it is unlikely that the fund income will remain unchanged for one year in actual operation.

This answer is provided by Kangbo Finance, focusing on the interpretation of financial hot events, the popularization of financial knowledge, the pursuit of professionalism and interest, so that the financial content that the people can understand can convey financial value in vivid and diverse ways. I hope this answer is helpful to you.