Q1: How is the 7 days annualized yield calculated?
A1: T+0 day = Day of transaction | NAV = 1
T+7 = 8th Business day | NAV = 1.05
7 days annualized yield = (1.05 - 1)/1/[number of days between T day to T8]*365*100%
Q1: How is the 7 days annualized yield calculated?
A1: T+0 day = Day of transaction | NAV = 1
T+7 = 8th Business day | NAV = 1.05
7 days annualized yield = (1.05 - 1)/1/[number of days between T day to T8]*365*100%