How to calculate the expected rate of return of Hongyun short-term and medium-term debt funds A and C
1, the formula for calculating the expected return of the fund
Short-term debt funds calculate the expected return according to the net value of the fund. The formula for calculating the expected return of the fund is: expected return of the fund = fund share * (net value of fund share on redemption date-net value of fund share on subscription date)-redemption fee.
2. Redemption rate of Hongyun short-term debt fund
The expected income of the fund should be deducted from the subscription fee and redemption fee on the basis of net value growth. According to the fund information published by Hongyun Short-term Debt Fund, the subscription rate of Hongyun Short-term Debt Fund A is 0.40% for less than 6,543.8+0,000 copies, and the redemption rate for less than 7 days is 654.38+0.50%, and no redemption fee is charged for more than 30 days.
3. Calculation example of expected income of Hongyun short-term debt fund
For example, an investor subscribes for 1 Wanyuan Caitong Hongyun short-term bond A through a third-party platform, with a net fund value of 1 and a subscription rate of 1%. The net value of the fund upon redemption is 1.0305. So:
Fund share = (subscription amount-subscription amount * subscription rate) Net value of fund share on that day = (10000-10000 * 0.04%)1= 9996.
Redemption fee = redemption share * net value of fund unit on redemption date * redemption rate =9996* 1.0305*0.00%=0 yuan.
Expected return of fund = fund share * (net value of fund share on redemption date-net value of fund share on subscription date)-redemption fee = 9996 * (1.0305-1)-0 = 304.878 yuan.
The redemption rate of Caitong Hongyun's medium and short debt bond C is different from that of A. Caitong Hongyun's medium and short debt bond C has no subscription rate, but has an annual sales service rate of 0.40%.
The above contents about how to calculate the expected returns of Hongyun short-term debt funds A and C hope to be helpful to everyone. Warm reminder, financial management is risky and investment needs to be cautious.