How to settle the money fund of ICBC Credit Suisse Bank? ICBC Credit Suisse has six money funds, which are favored by investors who tend to stabilize the expected annualized expected returns. Then, do you know how the money fund of ICBC Credit Suisse Bank is settled? In fact, it is calculated in the same way as other money funds.

ICBC Credit Suisse Bank's monetary fund settlement method

The redemption amount of ICBC Credit Suisse Monetary Fund is the actual confirmed effective redemption share multiplied by 1 yuan, and it is reserved to 1 yuan. Then:

Redemption Amount = Redemption Share × Net Asset Value of Fund Unit

For example, suppose you initially applied for 20,000 shares of ICBC Credit Suisse Bank hedge fund, and after holding it for a period of time, you are ready to redeem it all. Before redemption, you check the balance of the fund account at the sales outlets, and the expected annualized expected income of the fund share has been allocated cumulatively, so the fund share you can redeem is. Since the cumulative expected annualized expected return of RMB in the redemption month has not been allocated, the actual amount you can redeem is:

× 1 yuan/serving+yuan = yuan.