The Fund adopts the method of "share redemption", and the redemption price is calculated according to the daily net value of fund shares. The calculation formula is as follows:

Total Redemption Unit × Net Fund Share on Redemption Date

Redemption fee = total redemption amount x redemption rate

Redemption amount = total redemption amount-redemption fee

The redemption amount is multiplied by the net value of the fund share on the application date, and the corresponding expenses are deducted according to the actually confirmed effective redemption share, rounded to two decimal places, and the assets represented by the rounded part belong to the Fund.

If the investor redeems10,000 fund shares of the Fund for 0.5 years, the applicable redemption rate is 0.25%.

Assume that the net value of fund shares on the subscription date is 65,438+0.05 yuan, and the net value of fund shares on the redemption date is 65,438+0.25 yuan. The back-end charging method refers to the payment method that investors do not need to pay any handling fees when purchasing funds. But pay the subscription fee and subscription fee when applying for fund redemption), then:

Total redemption amount =10000x1.25 =12500 yuan.

Back-end purchase cost =10000x1.05x1.0% =105 Yuan.

Redemption fee =12500x0.25% = 31.25 yuan.

Redemption amount (the net value of fund shares on that day) =12500-105-31.25 =12363.75 yuan.

That is to say, the investor redeemed 65,438+0,000 fund shares by means of back-end charging, and the redemption amount was 65,438+02,363.75 yuan. If the subscription fee has been paid at the time of subscription, the "redemption amount (net value of fund shares on that day) =12500-31.25 =12468.75 yuan.

Extended data:

1. Redemption funds usually arrive only a few days ago, and the redemption time is different in different ways.

Redemption of funds through consignment, such as redemption of funds through banks, including redemption of funds through bank online banking, usually takes 4 or 5 days from the date of redemption to reach the bank card account.

Redemption from the fund company's website through direct sales usually takes only three days to arrive.

Two, the way to redeem the fund should be consistent with the way to buy the fund at that time. You can't buy funds directly from the bank "> Redemption funds usually arrive in the account a few days ago, and the redemption time is different in different ways.

Redemption of funds through consignment, such as redemption of funds through banks, including redemption of funds through bank online banking, usually takes 4 or 5 days from the date of redemption to reach the bank card account. Redemption from the fund company's website through direct sales usually takes only three days to arrive.

If the money fund is redeemed, it will arrive much faster. Direct sales will arrive the next day and consignment will arrive in two days.

Fund redemption refers to selling, which is aimed at open-end funds. Investors require the fund management company to withdraw part or all of the investment from the fund directly or through the agency, and remit the repurchase money to the investor's account. People usually refer to funds mainly as securities investment funds.

Baidu encyclopedia-fund redemption