Unlike wealth management, funds will not be redeemed automatically, and investors need to submit redemption applications manually before redemption funds will arrive. When the fund is redeemed, the selling share is entered, so what is the selling share? What is the share of a fund? Let's take a look together.

1. How much is the stock?

In a narrow sense, the fund selling share is not money, and the number of selling shares is often different from the number of redeemed funds. The calculation formula of fund redemption amount is: fund redemption amount = fund share * fund unit net value-redemption fee. It can be seen that the redemption amount is related to the fund selling share, the net value of the fund unit and the redemption fee.

Fund share can be simply understood as the number of funds held by investors, and the net value of fund units is equal to the price of unit quantity share. Take a house as an example. An investor owns a house of 100 square meter, and the market price per square meter is 10000 yuan/square meter. Then the fund share is similar to the housing area, and the net value of the fund unit is similar to the price per square meter.

When most funds are redeemed, they will charge different proportions of the total redemption fee according to the different holding days. Redemption fee = (fund share * fund unit net value) * redemption rate.

For example:

An investor redeemed a fund 100 on February 17, and the net value of the fund unit was 0 on February 17, so the redemption amount was = 100* yuan.

2. What is the share of the fund?

The price of fund share is the net value of fund unit on that day, but the net value of open-end fund unit is updated daily, with ups and downs, so the price of fund share is constantly changing.

The above content about how many shares are sold is how much money, I hope it will help everyone. Warm reminder, financial management is risky and investment needs to be cautious.