Net asset value of fund units = (total assets-total liabilities)/total number of fund units
Subscription example:
An investor has 6,543,800 yuan to subscribe for an open-end fund. Assuming that the subscription rate is 654.38+0% and the face value of the fund share is 654.38+0 yuan, then
Subscription fee = 1 ten thousand yuan x 1% = 1 ten thousand yuan.
Net subscription amount = 6,543.8+0,000 yuan-6,543.8+0,000 yuan = 990,000 yuan.
Subscription share = 990,000 yuan/1.00 yuan = 990,000 copies.
Subscription example:
An investor has 6,543,800 yuan to buy an open-end fund. Assuming that the subscription rate is 2% and the net value of the unit fund is 654.38+0.5 yuan, then
Subscription fee = 1 ten thousand yuan x 2% = 2 thousand yuan.
Net subscription amount = 6,543,800 yuan+0,000 yuan-20,000 yuan = 980,000 yuan.
Subscription share = 980,000 yuan/1.50 yuan = 653,333.33 copies.
Redemption example:
An investor wants to redeem 6,543,800 fund units, assuming that the redemption rate is 654.38+0% and the net value of the unit fund is 654.38+0.5 yuan, then
Redemption price = 1.5 yuan x (1-1%) =1.485 yuan.
Redemption amount = 1 ten thousand x 1.485 = 1.485 million yuan.
Before the trading day 15:00, the net value of the current day shall prevail, and the net value of the next trading day after the trading day 15:00 shall prevail.