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How is the seven-day annualized rate of return of the money fund calculated? Is this rate of return changing every day or updated every seven days?
Simply put, it is the average yield of seven-day income, which is recalculated every day.

The annualized rate of return in recent 7 days refers to the annual rate of return converted from the average income per 10,000 fund shares in 7 natural days of the Monetary Fund. It is the average of the income within 7 days. Therefore, if the rate of return is the same in the last 7 days, it does not mean that the income per 10,000 shares is the same every day.

What investors really care about is the income per 10 thousand fund shares, which reflects the real income that investors can get every day. The higher this index is, the higher the real income investors can get, and there is still a certain distance between the annualized rate of return in the last seven days and the real income of investors.

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Because it is an average rate, if the earnings per 10,000 shares are relatively high these days, then one day it will be low and the average will be high.

Looking at the money fund mainly depends on "income per 10,000 shares".

You are advised to download online currency rating from ICBC:

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