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Private placement network: how to calculate fund redemption?
Calculation of fund redemption: suppose the fund is redeemed after one month, the redemption rate is 0.5%, and the net value of the day is 1.4000. Total redemption amount = redemption share ×T-day fund share net value = 8210.18×1.4000 ≈1494.25 (yuan) redemption fee = total redemption amount × redemption rate =/kloc. Net redemption = total redemption amount-redemption fee =11494.25-57.47 =1436.78 (RMB) net profit =11436.78-/