2. For example, a purchased money fund has an annualized rate of return of 3.206% on the 7th day. If it is assumed that the income of the money fund can be maintained at 3.206% in the next year, then the overall income of 3.206% can be obtained by holding it for one year. For example, the income of 100 yuan is 3.206 yuan. By analogy, the income of 100 yuan is 32.06 yuan.
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1. 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.
2. 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.
3. The establishment of this indicator is mainly to provide investors with more intuitive data for investors to refer to when comparing the income of money funds with other investment products. In this indicator, the rate of return in the last seven days is determined by seven variables, so the same rate of return in the last seven days does not mean that the net income per ten thousand fund shares in the seven days used for calculation is exactly the same.
4. The 7-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.