The basic principle of the calculation formula of fund redemption
The basic principle of the fund redemption formula is to calculate the actual value of the redemption share according to the net value of the fund share. Net fund value refers to the result of dividing the net asset value of a fund by the total number of fund shares, that is, the actual value of each fund. When investors redeem fund shares, they need to calculate the actual value of the redeemed shares according to the net value of the fund, so as to determine the redemption amount.
Specific steps of fund redemption calculation formula
The specific steps of the fund redemption calculation formula include the following aspects:
1. Determine the number of redemption shares: Investors need to determine the number of redemption fund shares, usually calculated as an integer.
2. Calculate the net redemption share: investors need to calculate the net redemption share according to the net fund value. The calculation formula is: net redemption share = net capital * number of redemption shares.
3. Calculate the actual value of the redemption share: investors need to calculate the actual value of the redemption share according to the net value of the redemption share. The calculation formula is: actual value of redemption share = net value of redemption share * face value of each fund.
4. Calculation of redemption fee: Investors need to calculate the redemption fee according to the regulations of the fund management company. Redemption fee usually includes two parts: subscription redemption fee and management fee. The subscription and redemption fee refers to the fee that investors need to pay when purchasing or redeeming fund shares, which is usually calculated according to a certain proportion. Management fee refers to the expenses incurred by a fund management company to manage the fund.
5. Calculate the actual redemption amount: investors need to calculate the actual redemption amount according to the actual value of the redemption share and the redemption fee. The calculation formula is: actual redemption amount = actual value of redemption share-redemption fee.
It should be noted that the net redemption share, actual redemption share value and actual redemption amount in the fund redemption calculation formula are calculated according to the face value of each fund. The face value of each fund refers to the minimum transaction unit of the fund share, usually 1 yuan or 0.0 1 yuan. Therefore, investors need to pay attention to the face value of fund shares when calculating fund redemption to avoid calculation errors.
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The calculation formula of fund redemption is an important knowledge that fund investors need to master when redeeming fund shares. Investors need to calculate the net value of the redemption share according to the net value of the fund, so as to determine the actual value of the redemption share, and calculate the redemption fee according to the provisions of the fund management company, and finally get the actual redemption amount. Investors need to pay attention to the face value of fund shares when calculating fund redemption to avoid calculation errors. I hope this article can help you understand the calculation formula of fund redemption.