The rate of return of 10,000 shares of a monetary fund is the income of the previous day. The 7-day annualized rate of return is the average annual rate of return calculated from the income of the past seven days (including holidays), so it is related to the income of the previous 7 days. If the income of a certain day
If it is very low, it will lower the yield, resulting in a high yield of 10,000 shares, but a low annualized yield of 7 days.
To evaluate the rate of return of money funds, you can compare the net income per 10,000 funds, the 7-day annualized rate of return, the 30-day annualized rate of return, the annualized rate of return this year, and the annualized rate of return since its establishment.
Extended information 1. Although monetary funds are not risk-free financial products, the risk of capital investment is very low and systemic risks are not prone to occur.
2. The income per 10,000 shares is the actual income obtained on that day by holding 10,000 shares or 10,000 yuan in a monetary fund with a unit net value of 1.0,000 yuan.
3. The daily income of money funds will continue to change with the operations of fund managers and the fluctuations of money market interest rates. Therefore, in practice, it is unlikely that fund income will remain unchanged for one year.
4. The seven-day annualized rate of return can only be used as a short-term indicator. It can roughly refer to the recent profit level, but it cannot fully represent the actual annual income of this fund.