Calculation formula: redemption fee = redemption quantity * net value of fund shares on T day * redemption rate.

Assuming that the redemption rate of a fund is 1.5% within 7 days, 1 1 the net value of the fund on that day is 3 yuan, and A redeems 100 funds on that day after 6 days, the redemption fee is = 100.

Matters needing attention in calculating the selling fee of Alipay fund

In the process of selling Alipay funds, there are five points that users need to pay special attention to:

1, different funds have different selling rates, and short-term wealth management funds and money funds do not charge;

2. The longer the same fund is held, the lower the handling fee rate;

3. Some funds have the lowest redemption rate;

4. The redemption of the same fund share bought on different dates will follow the principle of first in, first out. If it is a one-time redemption, the redemption fee will be calculated by stages according to the holding days;

5. If the fund is held for less than 7 days, the fund company will charge a handling fee of not less than 1.5%, which shall be subject to the calculation of the fund company.

Fund handling fee:

Fund handling fee refers to the fee paid to the sales organization when buying and selling funds, which is used to compensate the cost incurred by the fund sales organization in handling fund trading procedures. The handling fee is a one-time fee, which means that the handling fee must be paid at one time when buying and selling funds, and it does not need to be paid at other times. In order to prevent the sales organizations from jointly driving up the handling fee to harm the interests of investors, or excessively lowering the rate to cause vicious competition in the industry, many countries and regions generally set upper or lower limits on the handling fee of fund transactions.

The handling fee for buying and selling closed-end funds, commonly known as commission, is used to pay securities companies as the price of providing trading services. The upper limit of fund commission stipulated by laws and regulations is 0.3% of the amount of each transaction, and the lower limit of commission is RMB 5 yuan per transaction. Within this range, securities companies can determine their own expense ratio. Most brokers also charge 0.3% of the transaction amount as a handling fee for the trading of closed-end funds.