The calculation formula of "external deduction method" is as follows:

The subscription amount of the Fund includes subscription fee and net subscription amount, of which:

Net subscription amount = subscription amount /( 1+ subscription rate);

Subscription fee = subscription amount-net subscription amount;

Subscription share = net subscription amount /T-day fund share net value.

Note: The effective subscription share is based on the actually confirmed subscription amount. After deducting the corresponding expenses, the net value of the fund share on that day is taken as the calculation basis, and two decimal places are reserved, and the part after two decimal places is discarded, and the discarded part belongs to the fund property.

Example: An investor invests 65,438+00,000 yuan to subscribe for a fund, and the corresponding subscription rate is 65,438+0.5%. Assuming that the net value of the fund share on the subscription date is 65,438+0.2000, the available subscription share can be calculated as follows:

The net subscription amount =10000/(1+1.5%) = 9852.22 yuan.

Subscription fee =10000-9852.22 =147.78 yuan.

Subscription share = 9852.22/1.2000 = 8210.18 copies.