1, fund subscription
Fund subscription is based on the net value of the fund unit on the trading day to calculate the fund subscription share, and the same is true for the fund to add positions halfway. The newly bought fund is only related to the current net value, and has nothing to do with the fund share and net value bought before.
If the unit net value of a bond fund on September 10 is 1. 1, investors will subscribe for the fund before September 15:00, and the subscription rate is 0.
Then subscribed fund share = subscription amount *( 1- subscription rate)/net fund value of the day =100000 * (1-0)/1= 90909.09 copies.
If the net value of the fund unit drops to 1 on June1,it will also subscribe for100000 yuan, and the subscribed fund share =100000 * (1-0)1=1.
For the same fund, if the net value falls, then the more fund shares the same fund buys. If the net value of the fund rebounds in the future, the profit space will be greater, which is one of the reasons why the fixed investment of the fund has more advantages than one-time purchase.
2. Fund redemption
The calculation formula of fund redemption amount is: redemption amount = fund share * fund unit net value-redemption fee.
Whenever the Fund is subscribed, the net redemption value of the Fund is calculated according to the net redemption value on the trading day. For example, if you apply for redemption before September 2 15:00, the net value of the fund will be calculated according to the net value of September 12, regardless of the subscription time of the fund.
However, the redemption fee is related to the subscription time, because the redemption fee is determined according to the number of days held by the fund.
The holding days of the fund shall be counted from the date of fund purchase confirmation to the day before the date of fund sales confirmation. Therefore, the earlier the fund is bought, the longer it is held and the redemption rate is relatively low.