From: China Securities News
Compiler: http://www.fundcn.org

Fund for the purchase and redemption price of the Fund units for net basis. Even so, the purchase, redemption, because prices are based on the same day after the close of the net value of fund units as a standard, So we transaction, the transaction does not know how the price, this is the so-called “unknown price method.” Therefore, during application, if sufficient time to look at the overall trend of the day, before closing at a decision and likely to be more stable. After all, stock-fund net changes with the overall trend is still very relevant. Similarly, if redeemed, may wish to confirm the election brings a strong rise in the same day.

Redemption fees and how to calculate the amount of redemption?

Calculation formula : total redemption = the date of redemption of the net value of fund assets × share redemption

Redemption fees = redemption amount × redemption rates

Total redemption = redemption amount – redemption fees

Redemption fees, the total redemption of rounding, after the decimal point two reservations

Copyright Fund China 2009.

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