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Calculation formula of fund return rate
The calculation formula of fund rate of return is as follows:

Fund yield = Fund yield ÷ Fund subscription amount × 100%

Fund income = fund net value of the day × fund share ×( 1- redemption fee)-subscription amount+cash dividend.

Fund rate of return is the ratio of the actual income of fund investment to the investment cost. The higher the rate of return, the stronger the profitability of the fund.

Funds refer to investment tools that raise funds by selling fund shares, invest in securities by portfolio, and enjoy the benefits and bear risks according to the shares, including securities investment funds, private equity funds, venture capital funds, hedge funds and alternative investment funds.