Q1: What is the average daily return of 10k invested？
A1: The average daily return of 10k invested is a calculation of the average daily return for the past seven trading days when investing 10k in a particular fund (the relevant currency for the return calculation is based on the actual fund currency).
Calculation formula: The average daily return of 10k invested = 10000*[ (adjusted NAV on Day T /adjusted NAV on Day T-7）-1]/ 7
For example: Assuming Fund A has an adjusted NAV of 1.0050 on Day T and an adjusted NAV of 1.0000 on Day T-7, The average daily return (10k invested)= 10,000 (1.0050-1.0000)/1.0000/7 = 7.14