How to calculate the fund subscription and redemption rate?
I. Calculation method of subscription rate
The subscription fee is the fee that investors need to pay when purchasing funds. Under normal circumstances, fund companies will charge a certain percentage of subscription fees, such as 1%-5%. The subscription fee is calculated as follows:
Subscription fee = subscription amount × subscription rate
For example, the subscription rate of a fund is 2%. If investors subscribe for 10000 yuan, they need to pay 200 yuan subscription fee.
Second, the calculation method of redemption rate
Redemption fee is the fee that investors need to pay when redeeming fund shares. Under normal circumstances, fund companies will charge a certain percentage of redemption fees, such as 1%-5%. The redemption fee is calculated as follows:
Redemption fee = redemption share × redemption rate
For example, the redemption rate of a fund is 3%. If investors redeem 65,438+0,000 shares, they need to pay a redemption fee of 30 shares.
Third, the calculation method of other expenses
In addition to subscription fees and redemption fees, the fund also needs to pay management fees, custody fees, sales service fees and other fees. These fees are usually charged according to a certain proportion of the fund's net asset value, for example, the management fee ranges from 1% to 2%. Other expenses are calculated as follows:
Other expenses = net asset value of the fund × rate.
For example, the management fee of a fund is 1.5%. If the net asset value of the fund is 1 100 million yuan, a management fee of10.5 million yuan is required. It should be noted that some fund companies may set an upper limit for other fees, and no other fees will be charged if the upper limit is exceeded.
4. How to compare the rates of different funds?
When choosing a fund, we should not only pay attention to the performance and risk of the fund, but also compare the rates between different funds. Investors can compare from the following aspects:
1. rate level: compare the rate levels of different funds and choose the fund with lower rate.
2. Exchange rate type: Different funds may have different exchange rate types. For example, some funds may only charge subscription fees without redemption fees, or only charge management fees without sales service fees. Investors need to know the rate types of different funds and choose funds that meet their own needs.
3. Rate change: Some funds may have different rates according to different time periods or investment amounts. Investors need to know the rate changes of different funds to avoid paying too high fees in different time periods or different investment amounts.
To sum up, the calculation method of fund subscription and redemption rate includes subscription fee, redemption fee and other expenses. Investors need to know the rate level, rate type and rate change of different funds, and choose the right fund to invest.