Calculation method of fund income:

1. Income = money obtained from redemption-investment principal. Money received at redemption = shares * net value at redemption-redemption fee

2. subscription fee for new funds: 1.2% ~ 2%. The subscription fee for the old fund is 1.5%, and the subscription fee for the new fund generally ranges from 2% to 5%.

Take 1.5% as an example.

Net subscription and subscription amount = subscription amount /( 1+ subscription rate)

Subscription fee = net subscription amount × subscription rate

Subscription and subscription share = (subscription amount-subscription fee)/par value of fund share

The redemption rate is 0.5%

Redemption fee = share * net value *0.5%

The money you can get back in the end = share * net value-redemption fee