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Three steps of lazy fund financing

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Recommended 1: Huaxia Select Fund (code 0000 1 1)

From February 1 2007, Huaxia Fund will have several sales organizations, such as Agricultural Bank, China Merchants Bank, China Construction Bank, various securities companies and Huaxia Fund Wealth Management Center. (that is, buying at these bank outlets)

Recommendation 2: boss stable value bond investment fund

Fund Name: Boss Stable Value Bond Investment Fund

Fund code: 050006

Just tell the staff code or fund name at the ICBC counter. Many bank employees are not familiar with the fund's business. You can open an online bank, deposit the money on the card and operate it yourself. At present, there is no charge for opening ICBC online banking. )

You can buy it at ICBC, and there is no subscription fee and redemption fee. The management fee is deducted from the income without extra payment.

Open a fund account

Investors must open a fund account before buying and selling open-end funds. According to the regulations, the conditions and specific procedures for opening a fund account need to be specified in the relevant sales documents. The above documents will be placed in the fund sales outlets for investors to consult when opening fund accounts.

Purchase fund

The process of investors buying fund shares during the raising period of open-end funds and before the establishment of funds is called subscription. Usually, the subscription price is the face value of the fund unit (1 yuan) plus certain sales expenses. Investors who subscribe for the fund shall fill in the subscription application form and pay the subscription fee at the fund sales point. The registration authority shall go through the relevant formalities and confirm the subscription.

After the establishment of the fund, the process of investors applying to the fund management company to purchase fund shares through the sales organization is called subscription.

When investors buy funds, they usually fill in the application form and pay the subscription money. Once the amount is paid, the subscription application is valid. The specific subscription procedures will be detailed in the relevant fund sales documents. The number of subscribed fund shares is calculated according to the net asset value of the fund shares on the subscription date. The specific calculation method must meet the requirements of the relevant regulations of the regulatory authorities and be specified in the fund sales documents.

Sell fund

Contrary to buying a fund, investors sell their fund units to fund managers at a certain price to recover cash. This process is called redemption. The redemption amount is calculated on the basis of the net asset value of the fund unit on that day.

Investors should generally fill in the redemption application form at the fund sales point when redeeming funds. According to the provisions of the Pilot Measures for Open-ended Securities Investment Funds, the fund manager shall confirm the validity of the transaction within 3 working days from the date of receiving the redemption application from the fund investor, and pay the redemption money within 7 working days from the date of accepting the effective redemption application from the fund investor.

How to calculate the subscription fee and subscription share of open-end funds?

The transaction price of closed-end funds is the known market price at the time of buying and selling, and its price is affected by the relationship between supply and demand; The subscription of open-end funds adopts the unknown price method, that is, the transaction price of the fund unit is the net asset value of the unit fund that is not known at the time of the behavior (but it can be calculated after the market closes on the same day and announced on the next trading day).

The calculation method of open-end fund unit quantity share subscription is as follows:

Subscription fee = subscription amount × subscription rate

Subscription share = (subscription amount-subscription fee) ÷T-day fund unit net value

If an investor invests 50,000 yuan to subscribe for an open-end fund, assuming the subscription rate is 2%, the net value of the fund share on that day is1.65,438+0.688 yuan, and its share is:

Subscription fee = 50,000× 2.0% =11,000 yuan.

Subscription share = (50,000-10,000) ÷1.1688 = 41923.34 copies.

Six, how to calculate the redemption fee and redemption amount of open-end funds?

The transaction price of closed-end funds is the known market price at the time of trading; The redemption of open-end funds adopts the unknown price method, that is, the transaction price of the fund unit depends on the net asset value of the unit fund that has not been known at the time of redemption (but it can be calculated after the market closes on the same day and announced on the next trading day).

The calculation method of redemption fund unit amount is as follows:

Redemption fee = redemption share × net value of fund share on T day × redemption rate

Redemption amount = redemption share ×T-day fund unit net value-redemption fee

If the investor redeems 50,000 fund units, assuming the redemption rate is 0.5%, the net asset value of the fund units on that day is 65,438+0.65,438+0.688 yuan, and the redemption amount obtained is:

Redemption fee = 50000×1.1688× 0.5% = 292.2 yuan.

Redemption amount = 50,000×1.1688-292.2 = 58, 147.80 yuan.