With the continuous popularity of funds, the ranks of new fund entrants are growing, but the new base people often have a vague understanding of the fund and fail to fully understand it. It is often unclear whether the fund has made money or lost money, so how should the expected return of the fund be calculated?

Funds can be divided into closed-end funds and open-end funds according to trading methods. Then we will share with you how the expected returns of these two funds are calculated.

Closed-end funds have a long term and a fixed amount, and are often traded in the secondary market. The expected return is calculated as follows:

Expected return of closed-end fund = (fund selling price-fund buying price) * fund share-fund transaction cost.

For example, in the secondary market, we bought 1 10,000 copies of a closed-end fund at the price of 1.02, and then the fund rose to 1.2 yuan, and we sold them all. The transaction cost of the fund is five ten thousandths of the transaction amount.

Our expected return =( 1.2 yuan-1.02 yuan) * 10000 shares-1.02 yuan * 10000 shares * 0.05%-1.

The trading mode of open-end funds is usually on the fund open day, and the expected return is determined through the redemption of funds. The expected return is calculated as follows:

Expected return of open-end fund = (fund redemption price-fund subscription price/subscription) * fund share-fund subscription fee/subscription fee-fund management fee-fund redemption fee.

Knowing the basic formula, it is simple to calculate the expected return of open-end funds. Just apply the formula directly. From the perspective of transaction mode and transaction cost, closed-end funds have relative advantages over open-end funds, but overall, each has its own advantages. Tips: Financial management is risky, and investment needs to be cautious.