Holding period? Redemption rate
1 0.5% in a year
1 year or more (inclusive) -2 years 0.25%
More than 2 years (inclusive) 0
Note: As far as redemption fee is concerned, 1 year means 365 days, and 2 years means 730 days.
Extended data
After the investor sells the fund, the actual amount obtained is the total redemption amount MINUS the redemption fee. The calculation formula is:
Total redemption amount = number of redemption shares × net value of fund shares on redemption date? ( 1)
Redemption cost = total redemption amount × redemption rate (2)
Redemption amount = total redemption amount-redemption fee (3)
Investors should pay attention to the fact that the redemption fee income stipulated by each fund may be different. Some regulations only deduct a small part of the handling fee, most of which will be owned by the fund; Some regulations treat all or most of them as handling fees, but not only a small part of them as fund assets, so that if you partially redeem them, the former will be more beneficial to you, and under the same circumstances, the net value of the fund shares you hold will be higher than the latter.
Move the total redemption amount in formula (2) to the left of the formula, and you will get:
Redemption Rate = Redemption Fee/Redemption Total (4)
It can be seen from Formula (4) that the redemption rate is the ratio of the redemption fee to the total redemption amount.
If the numerator and denominator of Formula (4) are multiplied by 100, Formula (4) becomes:
Redemption rate = redemption fee/total redemption amount × 100% (5)
As can be seen from Formula (5), the redemption rate is the proportion of redemption expenses to the total redemption amount.
Baidu Encyclopedia-Fund Redemption Rate
Baidu encyclopedia-fund redemption