(1) What is the rate of return?
Fund rate of return is the ratio of income obtained by investment fund to investment principal.
(two) the classification of the rate of return:
According to whether the income is realized or not, the rate of return can be divided into floating rate of return and realized rate of return (or actual rate of return)
1, floating rate of return:
Floating rate of return is the rate of return of the held fund shares that have not been redeemed. It is the rate of return that changes with the change of the net value of fund shares.
2. Realized rate of return:
The realized rate of return is the rate of return after the redemption of the fund shares held and the cash.
Second, the calculation formula:
First, calculate the accumulated dividend amount of the fund;
(1) Accumulated dividend amount of the fund:
Cumulative dividend amount of the fund = (cumulative net fund share-net fund share) × fund share held (1)
(2) Floating rate of return:
Floating rate of return = (current fund market value+accumulated fund dividend amount-principal)/principal × 100% (2)
Current Fund Market Value = (Fund Shares Held × Fund Share Net Value (3)
(3) Realized rate of return:
Realized rate of return = (redemption amount+accumulated fund dividend amount-principal)/principal × 100% (4)
Among them, redemption amount = redemption share × net value of fund share × (1-redemption rate) (5)
Third, examples:
(1) Known conditions:
Principal = 10000 yuan, net fund share = 1.45 yuan/share, accumulated net fund share = 1.95 yuan/share, held fund share =9852.22 shares, redemption rate =0.5%, and net fund share on redemption date =1.
(2) Calculation data:
1, floating rate of return:
(1) Calculate the current fund market value:
According to Formula (3):
Current fund market value =9852.22 × 1.45 yuan/share = 14285.5438+09 yuan,
If two decimal places are taken and rounded, the current fund market value is = 14285.72 yuan.
(2) Calculate the accumulated dividend amount of the fund:
According to the formula (1):
The accumulated dividend amount of the Fund =( 1.95 yuan/share-1.45 yuan/share) ×9852.22 =0.50 yuan/share× 9852.22 =4926. 1 1 yuan.
(3) Calculate the floating rate of return:
Floating rate of return =( 14285.72 yuan +4926. 1 1 0000 yuan)/10000×100% = 92/kloc.
=0.92 1 183× 100%=92. 1 183%
If you take two decimal places and round them, there are,
Floating rate of return =92. 12. %
2. Realized rate of return:
If all the fund shares held are redeemed, the calculation data are as follows:
(1) Calculate redemption amount:
According to Formula (5):
Redemption amount =9852.22 × 1.56 yuan/share× (1-0.5%) =15369.4632 yuan× 0.995 =15292.15884.
If two decimal places are taken and rounded, then:
Redemption amount = 15292.62 yuan
(2) Calculate the realized rate of return:
The realized rate of return =( 15292.62 yuan +4926. 1 1 0000 yuan)/10000 yuan × 100%.
=(202 18.73 yuan-10000 yuan)/102 18.73 yuan/10000 yuan × 65438.
= 1.02 1873× 100%= 102. 1873%,
If two decimal places are taken and rounded, then:
Realized rate of return = 102. 19%
Four. Description:
1. If the current market value of the fund+the accumulated dividend amount of the fund in formula (2) is greater than the principal, the floating rate of return is positive, indicating profit; On the contrary, it is negative, indicating a loss;
2. If in Formula (4), the redemption amount+the accumulated dividend amount of the fund is greater than the principal, the realized rate of return is positive, indicating profit; On the contrary, it means a loss;
3. See reference [1] for formula (5).
Verb (abbreviation for verb) Reference:
Lbd200909 Baidu Encyclopedia Entry-Redemption Rate
Link:/view/view/3175035.htm.