The handling fee depends on how many days you hold it. The longer the holding time, the lower the handling fee. If it is redeemed within seven days, a high handling fee will be charged. Moreover, it depends on the time point of redemption. If it is redeemed before three o'clock in the afternoon, the holding amount is calculated according to the net value of the day.

Formula: redemption fee = redemption share * redemption net value * redemption rate.

Where: the redemption share is the amount of redemption application.

Because the fund share was deducted when the subscription rate was charged, the fund share with the face value of 1 yuan bought by1yuan was not 1000, but more than 990 fund shares, which did not change the fund net value. After deducting the above expenses, the loss is about 100 yuan.

The simplest method is to multiply the fund share by the fund net value MINUS the redemption rate.

Extended data:

If you apply to sell your fund shares at the published price and get back the cash, it is customarily called fund redemption. Redemption of the fund is selling. Listed closed-end funds are sold in the same way as ordinary stocks. An open-end fund is to hold all or part of the fund in your hand and apply to sell it to a fund company to redeem your price. The redemption amount is the number of units selling the fund multiplied by the net value on the selling day.

The sales organization of the Fund includes the fund manager and the agency entrusted by the fund manager. Fund investors shall purchase and redeem fund shares in the business premises where the sales organization handles fund sales business or in other ways provided by the sales organization.

Baidu encyclopedia-fund redemption