/kloc-the value of 0/10,000 income is more practical. Generally speaking, 10000 unit income is the amount of profit made on the day of investing 654.38+ 100000 yuan, which is the actual income obtained on that day; On the other hand, the 7-day annualized rate of return is to convert the 1 10,000 income in the past 7 days into an annualized rate of return, rather than the real rate of return every day.

Seven-day annualized rate of return is the sum of net income per 10,000 products in the past seven days, and then annualized. As an average index, the seven-day annualized rate of return can only reflect the approximate fluctuation of the past seven days. The short-term seven-day annualized rate of return of a product is extremely high, which may mean that the investment manager's operating style is more radical, and the daily income of users is often a bit like riding a roller coaster. For ordinary users, stable high income is king.

Extended data:

Under different income carry-over methods, 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, monthly carry-over" and the other is "daily dividend, daily carry-over".

Whether it is carried forward on a daily basis or on a monthly basis, it is equivalent to compound interest.

The formula of compound interest is: {[π (1+ri/10000)] (365/7)-1}×100% π means continuous multiplication i= 1. . . seven

Where Ri is the nearest i-th Gregorian calendar day (i= 1, 2? .. 7) Income per ten thousand.

The seven-day annual rate of return of the Fund is rounded to three decimal places.

References:

Seven-day annualized rate of return _ Baidu Encyclopedia

Ten thousand fund unit income _ Baidu Encyclopedia