Explanation of Fund Data Sources and Calculation Methods
Fund data provided by uSmart Securities is sourced from fund companies and fund service providers.
7-Day Annualized Yield: The 7-day annualized yield represents the average yield level of a money market fund over the past 7 days, converted into an annualized rate. It reflects the fund's yield performance over the preceding seven days and serves as a short-term indicator for reference purposes only.
Calculation Formula:
7-Day Annualized Yield = (Unit NAV on Day T7 – Unit NAV on Day T0) / Unit NAV on Day T0 / 7 * 365 * 100%
Percentage Change (Gain/Loss): Percentage change indicates the extent of a fund's price rise or fall over a selected time period. It is only one of multiple metrics used to evaluate fund performance.
Calculation Formula:
Percentage Change = (Ending NAV – Beginning NAV) / Time Span
