Generally speaking, in the process of fund investment management, the expenses we will come into contact with include subscription fee, subscription fee, redemption fee, management fee, sales service fee and so on.
Today, let's learn how to calculate the fees charged when selling funds.
The fee we need to pay to sell the fund is called redemption fee.
We can open the product summary of a fund at will, and we can see the redemption fee collection rules of this fund, as shown below:
We can see that the redemption fee of the fund will be collected in stages according to the holding days of the fund:
When 0 days ≤ fund holding days < 7 days, the redemption rate is 1.5%.
7 days ≤ fund holding days < 30 days, the redemption rate is 0.5%.
If the fund is held for more than 30 days, the redemption fee will be exempted.
Moreover, the fund redemption fee is charged at one time, which means that when we sell the fund, the redemption fee will be deducted from the selling share at one time.
The calculation method of fund redemption fee is:
Fund redemption fee = redemption amount * redemption rate
More strictly speaking, it should be:
Fund redemption fee = redemption quantity * net value of fund shares on a certain day * redemption rate
Let's give an example:
Suppose that the net share value of a fund today is 2 yuan, the number of redemption is 1000, and the holding time is 2 1 day.
The redemption fee of the fund is:
Fund redemption fee = 1000*2*0.5%= 10 yuan.
At this time, the money we can receive when redeeming the fund is the money after deducting the fund redemption fee, which is 2000- 10= 1990 yuan.
As we hold the fund longer and longer, the redemption fee will also decrease. If the fund is held for more than 30 days, it can be exempted from redemption fee.
Personal advice, whether it is a fixed investment or a one-time purchase of the fund, we should pay attention to the holding period of the fund when redeeming, and reduce the cost to provide income.