The calculation formula of stock holding period yield is: r=[D+(P 1-P0)/n]/P0. Where d is the annual cash dividend, P0 is the stock purchase amount, P 1 is the stock sale amount, and N is the stock holding period. So how to calculate the income of the fund? The calculation method of fund income is to add the dividend income to the bid-ask spread. Generally speaking, when issuing a new fund, each share is 1 yuan. If one million shares are raised, it will be one million. The net value of the fund unit at this time is 1. The net value of the fund unit plus dividends is the cumulative net value.

Net unit value

Unit net worth investors can be simply understood as the price enough to buy a fund. For example, if you buy a fund of 1 1,000 yuan today, you need to know that when you place an order, you don't know how many copies you bought at what price, because according to the regulations, if an investor submits a subscription application, if it is before 3: 00 pm on the trading day, it is necessary to make a subscription with the net value of the fund on that day. However, this net value can generally be announced at 7 pm or later. If the application is submitted on a non-trading day or after the market closes at 3: 00 pm on a trading day, then the price of the subscription fund is the unit net value of the next trading day. Therefore, only after the closing of the market announced the net value of the fund, with the net value, can we easily calculate how many funds we bought. The specific formula is: fund share = (subscription fund-handling fee)/unit net value. If the net value of the fund on that day is 1 yuan, the investor will spend 10000 yuan and subscribe for the fund share of 10000.

Cumulative net value

Generally speaking, some funds will pay dividends more or less every year, so there is no way to understand the usual profitability of the fund through the net value of the fund unit. Looking at the accumulated net worth can make up for this deficiency. For example, the net value of a fund unit is 1 1.9580 yuan, but the calculated cumulative net value has reached 16.0380 yuan. The main reason is that according to the formula, cumulative net value = unit net value+cumulative dividend, which includes the distributed dividend, so the cumulative net value can better reflect the fund's income.

Calculation of fund income

The calculation of fund income is based on the determination of shareholding, which will involve the conversion of purchase amount and shareholding. When we buy a fund, we usually set to buy a certain amount of funds. For example, before 2016101October 25th 15:00, I bought a fund of 1000 yuan. /kloc-after the close of 0/5: 00, a

The net settlement value of the fund on that day was 0. 1287 1, and the subscription rate was 0.6%. After settlement, the subscription amount will be converted into the fund shares held, which are shown in the account as follows: the share held is 772.307. The formula is: [1000/(1+0.6%)]/0.12871] = 772.307 (copies). It should also be noted that if the fund is bought after 15:00, the net value of the fund in the next trading day will be converted. For example: a

The fund will pay dividends on October 30th, 20 16/kloc-0, that is, the dividend of each fund is 0. 16 yuan. If "cash dividend" is selected, the dividend income will be displayed in the account as 123.569 yuan. The calculation formula is: 0.16 * 772.307 =123.569 (yuan). Then if you redeem, say, 20 17 years124 October, 10, all the shares of Fund A will be redeemed, and the net value on that day will be 0. 13 106, and the redemption rate will be 0.5%. Then the account will get a cash income of 1007.5438+025 yuan after redemption. The calculation formula is: 772.307 *1.3106 * (1-0.5%) =1007.125 (yuan). After the whole process is completed: bid-ask spread income =1007.125-1000 = 7.125 (yuan). But don't forget, Fund A paid a dividend on October 30th, 65438/kloc-0. Dividend income = 123.569 (yuan). This bonus also needs to be increased.