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How is the fund's rate of return calculated?
Income = fund net value of the day × fund share ×( 1- redemption fee)-subscription amount+cash dividend.

Rate of return = income/subscription amount × 100%

Suppose that the initial price P0 of the investor 1.2 1 yuan when he bought Xinghua on June 4, 1999, the current price P is 1.40 yuan, the dividend amount is 0.022 yuan, and the yield R is17.2%; 1On July 5th, 999, the initial price P0 was 1.34 yuan, so the half-year yield was 4.47% and the annual yield was 8.9%. .

19991October 8th, 65438 was 1.33 yuan (at that time, it was also the average price of 1999 in the second half of the year), so its three-month holding income was 5.26%, equivalent to 2 1% per annum. Of course, this conversion is only to compare with the interest rate of bank savings deposits in the same period. This method is not scientific.

Extended data:

The economic significance of this index is clear, intuitive and simple to calculate, which reflects the advantages and disadvantages of investment effect to a certain extent and can be applied to various investment scales. How to determine the existence of certain uncertainties and human factors; It can't correctly reflect the influence of construction period, different investment methods and recovery amount on the project, and the calculation caliber of numerator and denominator is not comparable, so it can't directly use the net cash flow information.

Only investment projects with investment return rate index greater than or equal to risk-free investment return rate are financially feasible. Therefore, it is not reliable to take the investment yield index as the main decision-making basis.