The redemption fund share is the redemption share declared by investors, which is decided by investors themselves.
The net value of the redemption fund is calculated according to the net value of the redemption date T, which is shown in the following table:
Legal holidays in other countries, such as 1 1 month, May Day, Spring Festival, etc., cannot be regarded as T days like Saturday and Sunday.
Determine the redemption for t days and seek the net value of redemption for t days.
The redemption rate needs to query the fund redemption rate table, such as the redemption rate of a fund:
The redemption rate decreases with the increase of time, as do most hybrid funds and equity funds.
You can go to the fund company official website to inquire about the rate table according to your redeemed fund.
Knowing all the above figures, you can calculate the amount of fund redemption according to the formula.
There are two kinds of funds that are special when they are redeemed: money funds and wealth management funds.
If there is no total redemption, the redemption amount is equal to the redemption share.
If all shares are redeemed, the redemption amount may be equal to the redeemed shares plus unpaid income.
Unpaid income is the part of income that has not been converted into fund shares. When all the money is redeemed, this part of the income will be returned to the bank account together.