Fund redemption fee refers to the handling fee paid by investors who already hold fund shares to fund managers during the existence of open-end funds. Usually the redemption fee is included in the fund assets. That is, deducted from the total assets of the fund. How to calculate the fund redemption fee?

Calculation formula of redemption fee

1, total redemption amount = redemption amount × net value of fund shares on the redemption day.

Redemption cost = total redemption amount × redemption rate;

2. Or directly calculate the result: redemption fee = fund share × current fund net value × redemption rate.

There are generally three kinds of redemption rates: the redemption rate of 0 ~ 1 year is 0.5%; 1 ~ 3 years redemption rate of 0.25%; The 3-year redemption rate is 0.

Specific application of redemption fee

For example, if an investor invests in a fund for a period of 2 years, the number of shares redeemed by the fund is 100000, and the net value on that day is 1.3200. Calculation of redemption fee:

Step-by-step calculation: First, we calculate the total redemption amount: multiply the redemption share by the unit net value on the redemption day, that is,10000 *1.3200 =132000. Next, we multiply the redemption rate by the calculated total redemption amount. The investment period is two years, and the redemption rate is calculated at 0.25%: 132000 *.

Direct calculation: redemption fee = fund share × current fund net value × redemption rate =10000 *1.3200% * 0.25 = 300 yuan.