How to calculate the interest on the net product value?
Fund income = fund net value of the day * fund share *( 1- redemption fee)-subscription amount+cash dividend. If investors choose to pay dividends in cash, the fund share is the share they purchased when they subscribed for the Fund, and the fund share = [subscription amount-(subscription amount * subscription rate) ]/T-day net fund share value. For example, an investor subscribed for a fund with an amount of 654.38+10,000, with a share of 90,900. Investors held it for six months and then redeemed it. The redemption fee is 0 yuan, and there is no cash dividend during this period. The net value of the fund on the redemption day is 654.38+0.2. Then the expected return of investors = net fund value * fund share *( 1- redemption fee)-subscription amount+cash dividend =1.2 * 90900 * (1-0)-10000+0 = 9080 yuan.
Matters needing attention in net value calculation:
1, distinguish between floating loss and real loss
The net value of products is constantly updated. Open-end funds, for example, update the net value of products every day, during which the net value may rise or fall.
The expected income of net worth products is calculated by the net value of the fund on the redemption trading day or the net value of the products on the maturity date. Therefore, as long as the fund does not submit a redemption application, even if the fund falls or rises in the middle, it is still a loss or profit on the books. This is also one of the reasons why the fund's fixed investment has more advantages than one-time purchase.
2. Update time of fund net value
The net value of fund units will be updated after the close of trading day, and the trading time is 15:00. Therefore, when investors submit redemption applications during trading hours, what they see is not the net value of the fund on that day, but the net value of the fund on the previous trading day.