The calculation formula of fund redemption amount is: fund redemption amount = (fund share multiplied by unit share net value) minus (redemption total multiplied by redemption rate). The redemption of funds is based on the principle that the price is unknown. According to the calculation formula, the fund share and redemption rate are fixed and known data, but the net value of unit share is unknown.

The values of fund share and fund net value are often different. For example, investors hold 65,438+0,000 fund shares, the net fund value is 2, and the redemption amount is 2,000 yuan, regardless of the redemption fee. At this time, the fund share is only half of the fund redemption amount.