The calculation formula of fund redemption amount is: fund redemption amount = (fund share * net value of unit share)-(total redemption amount * redemption rate)
The redemption of funds is based on the principle that the price is unknown. According to the calculation formula, the fund share and redemption rate are fixed and known data, but the net value of unit share is unknown.
For example, investors sold the fund before February 2, 65438 15:00. According to the fund redemption rules, the net value of unit share should be calculated according to the net value of 65438+February 2, but the net value of 65438+February 2 will not be known until the next trading day.
Therefore, when investors sell funds, they sell fund shares, not fund amounts. After the fund redemption application is submitted, the fund company will generally confirm the redemption share on T+ 1 day, and then know the fund net value and redemption amount.
The values of fund share and fund net value are often different. For example, investors hold 65,438+0,000 fund shares, the net fund value is 2, and the redemption amount is 2,000 yuan, regardless of the redemption fee. At this time, the fund share is only half of the fund redemption amount.
Fund redemption fee
The decrease in the amount of fund redemption is usually caused by the redemption fee. Each fund product has a clear redemption fee collection standard, which is generally held within 7 days, and the redemption fee is calculated at 1.5%.
If it is a one-time purchase and redemption, then the calculation of the handling fee is relatively simple. If it is subscribed in stages, the holding time of the subscribed shares is different.