2, the fund holding income refers to the accumulation of income during the fund holding period, holding income = the latest market value of the fund holding cost.
1. How to calculate the daily income and holding income of the fund?
1, the fund income we see in fund companies and third-party platforms every day is not considered for the time being, so the daily income of the fund = holding share * (today's unit net value-yesterday's unit net value).
2. For example, Xiao Xia holds 65,438+0,000 funds. The net unit value of a fund was 1 yuan yesterday and 1.05 yuan today, so the income of Xiao Xia holding a fund today is 1, 000 *( 1.05 yuan-1 yuan). So the one-day income of this fund held by Xiao Xia is 50 yuan. The calculation formula of fund holding income is: fund holding period income = holding share * (net unit value confirmed by redemption-net unit value confirmed by purchase). As I just said, Xiao Xia holds 1 0,000 A funds, and the unit net value on the buying day is confirmed as 1 yuan, and the unit net value on the selling day is confirmed as 1.5 yuan, so the holding period income of Xiao Xia holding A funds is = 1 0,000 * (1.5 yuan).
Of course, this is just the income without deducting the handling fee. If you choose to redeem, you need to consider the various handling fees we introduced before. The subscription fee is deducted at the time of subscription, the redemption fee is deducted at the time of sale, and other management fees are deducted from the net value of the fund. What we really earn is the fund income at the time of redemption MINUS these expenses. What needs special reminder is that fund redemption follows the "unknown price principle".
4. That is to say, if the investor redeems before the fund trading day 15: 00, the income will be calculated according to the net value announced that night, so we don't know the net value of the fund on the redemption day. If the market rises on the day of redemption, the final income may be higher than the income shown at redemption; Conversely, if the market falls on the day of redemption, the final income may be lower than the income shown at the time of redemption. How to compare the income levels of different holding times? A friend asked Xiao Xia, "I hold several funds at the same time, but the buying time is different and the holding time is different. How to compare their income? " Here we should introduce a new indicator: annualized rate of return of funds.
5. The annualized income of the fund refers to the rate of return obtained during the fund's existence converted into one year's rate of return, which is a theoretical rate of return, rather than the real rate of return achieved. For example, the daily rate of return is one ten thousandth, so the annualized rate of return is 3.65_ (365 days a year on average). Its calculation formula: annualized rate of return of the fund = (fund holding period income/principal)/(holding days /365 days) * 100%. For example, Xiao Xia buys Fund B with a net fund value of 1.2 yuan, sells the net fund value of 1.8 yuan, holds 1. 000 shares and invests for 90 days. You can first calculate the income of the fund holding period as follows: 65,438+0,000 * (65,438+0.8-65,438+0.2.
6. The significance of understanding annualized income lies in: first, it can measure the actual income of the funds we hold to some extent. As I said just now, the buying time and holding time of different funds are different, so it is more convenient for us to convert their income into the same time latitude, that is, annualized income. In addition, when choosing a fund, it is found that the cumulative income of fund A is higher than that of fund B. This may be because the performance of fund A is better than that of fund B, but it may also be because fund A was established longer than fund B, so the cumulative income is also higher. At this time, if you want to compare the actual income of the two funds more objectively, you can use the annualized rate of return, which is more accurate and objective.
7. Where can I find annualized income? If it is a fund held by itself, it can be calculated according to the formula just introduced by Xiao Xia; If you choose a fund at the time of purchase, you can check the accumulated income of the fund since its establishment in the periodic report of the fund, and then calculate it according to the establishment time; In addition, there is a simpler method. There will be an annualized income indicator since its establishment in the general investment platform and app.
8. Of course, this indicator is for investors' reference only. If you want to evaluate the cost performance of fund products more comprehensively, it is better to comprehensively analyze the strength of fund managers and the volatility of fund products that Xiao Xia told you earlier ~