2. Subscription fund fee = subscription fund amount-net subscription fund amount;
3. Subscription fund share = T-day net subscription fund amount ÷ net fund share value. Suppose an investor subscribes for a fund with a price of 10000 yuan, the subscription rate is 1.5%, and the net value of the day is 1.2000, then the net subscribed fund amount is =1000 ÷ (1+/kloc-0).
2. One month after redemption, the investor redeems the fund at a redemption rate of 0.5% and the net value of the day is 1.4000, so the total redemption amount = redemption share × net value of the fund share on T day = 8210.1×/kloc-0 =/kl. Redemption fee = total redemption amount × redemption rate =11494.3× 0.5% = 57.5 yuan, and net redemption amount = total redemption amount-redemption fee =11494.3-57.5 =1.
One: What is a fund?
According to different standards, securities investment funds can be divided into different types:
(1) According to whether the fund share can be increased or redeemed, it can be divided into open-end funds and closed-end funds. Open-end funds are not traded on the market (as the case may be), and the fund scale is not fixed through subscription and redemption by banks, securities companies and fund companies; Closed-end funds have a fixed duration and are generally listed and traded on stock exchanges. Investors buy and sell fund shares through the secondary market.
(2) According to different organizational forms, it can be divided into corporate funds and contractual funds. Fund is an investment fund company established by issuing fund shares, usually called corporate fund; Usually called contractual fund, it is established by fund managers, fund custodians and investors through fund contracts. China's securities investment funds belong to contractual funds.
(3) According to the different investment risks and returns, it can be divided into growth funds, income-based funds and balanced funds.
(4) According to different investment objects, it can be divided into stock funds, bond funds, money market funds and futures funds.
Second, the difference between open-end funds and closed-end funds
(1) The variability of fund size is different. Closed-end funds have a definite duration (China: not less than 5 years), and the issued fund shares cannot be redeemed. Although such funds can be raised under special circumstances, the funds raised must meet strict legal conditions. So generally speaking, the fund size is fixed. The fund shares issued by open-end funds are redeemable, and investors can buy the fund shares at will during the duration of the fund, which leads to the constant change of the total capital of the fund every day. In other words, it is always open. This is the fundamental difference between closed-end funds and open-end funds.
Three. Redemption of fixed fund investment refers to investors redeeming a fixed share of funds on a fixed date every month according to their own needs, which is a business of reverse fixed fund investment. Fund fixed investment is the abbreviation of "fixed investment fund", which refers to investing a fixed amount in a designated open-end fund at a fixed time, similar to the bank's zero deposit and withdrawal method.
The fixed redemption of the fund avoids the trouble of choosing the redemption opportunity, and at the same time, the proceeds can be redeemed by stages without using the principal, so that the principal can continue to "roll interest" and accumulate interest. During the period of stock market fluctuation, investors had better choose funds for redemption. If the market is in a period of adjustment, only a part of the fund will be redeemed. When the market picks up, the market value of the fund will continue to increase. Although the share of redemption is the same every month, the actual redemption amount is different.