Total redemption amount = redemption share × net value of fund share on the redemption day.
Redemption fee = total redemption amount × redemption rate
Redemption amount = total redemption amount-redemption fee
If investors choose the back-end subscription mode when purchasing, the calculation method of redemption share is as follows:
Total redemption amount = redemption share × net value of fund share on the redemption day.
Back-end subscription fee = redemption share × net value of fund share on the day of subscription × back-end subscription rate
Redemption fee = total redemption amount × redemption rate
Redemption amount = total redemption amount-redemption fee-back-end subscription fee
Extended data:
Fund redemption amount limit:
When the balance of fund shares held by fund share holders is less than 65,438+0,000 due to one redemption, all the remaining fund shares must be redeemed together.
The fund manager may adjust the above restrictions on the subscription amount and the number of redemption shares according to market conditions and with the permission of laws and regulations. The fund manager must make an announcement on at least one designated media and the fund manager's website before the adjustment takes effect, and report to the China Securities Regulatory Commission for the record.