Return that was distributed on the last trading day.
New gains = position units * (NAV on day T – NAV on day T-1)
Sum of daily return generated by the current position.
A percentage indicates the income returned to its investors through interest and dividends generated by the position.
The diluted cost may vary from time to time due to changes in your position.
Diluted cost=(cumulative subscription amount - cumulative redemption amount) / position units
If there's a dividend payment, the value of dividends will be counted in the redemption amount, and the cost and position yield will be updated.
E.g. assume subscription and redemption of fund A (USD) are confirmed at the NAV as of day T.
● Day T: A client subscribed 1,000 units when NAV is 10 USD;
● Day T+1: The client subscribed another 1,000 units when NAV is 10.1 USD;
● Day T+2: The client redeemed 1,000 units when NAV is 10.2 USD.
Day | Transaction | NAV | Position Units | Calculation | Diluted Cost |
T | +1000 | 10 | 1000 | = (0+10*1000)/1000 | 10.00 |
T+1 | +1000 | 10.1 | 2000 | = (10*1000+10.1*1000)/2000 | 10.05 |
T+2 | -1000 | 10.2 | 1000 | = (10.05*2000-1000*10.2)/1000 | 9.90 |
The number of units you hold in the fund.
Total dollar amount of pending subscriptions.
Total units of pending redemptions.