There are two main differences between the seven-day annualized growth and the annualized growth since its establishment:
1, applicable to different products.
Monetary fund products generally adopt a seven-day annualized rate of return.
Since its establishment, the annualized growth rate is mainly used to measure the growth of net worth of products, and is generally used for net worth wealth management products.
2. The reaction products are different.
Seven-day annualization reflects the change of fund return rate, which is fixed in the calculation category of recent seven days.
Since its establishment, annualized growth is a summary of past product income for reference only.
Neither the seven-day annualized rate of return nor the annualized growth since its establishment represents the actual investment income of the fund. Investors should make judgments according to the actual situation when purchasing wealth management products or funds.