What does "7-day interest rate 2.5740" mean?
For example, the annualized rate of return of a monetary fund on that day is 2.5740%, and assuming that the income of the monetary fund in the next year can remain unchanged at the level of the previous seven days, then you can get the overall income of 2.5740% if you hold it 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. \x0d\ Therefore, the seven-day annualized rate of return can only be regarded as a short-term indicator, which can roughly refer to the recent income level, but it cannot fully represent the actual annual income of this fund. \ x0d \ x0d \ usually two indicators are used to reflect the rate of return of money market funds: one is the 7-day annualized rate of return; The second is the income per 10,000 fund units. \x0d\ As a short-term indicator, the 7-day annualized rate of return is only the information of the fund's income level in the past 7 days, and does not represent the future income level. What investors really care about is the second indicator, that is, the income per 10,000 fund units. The higher this indicator is, the higher the actual income investors get.