Formulas:
Net Investment Amount = Gross Investment Amount / (100% + Sales Charge %)
Units = Net Investment Amount / (Fund Price)
Example:
Gross Investment Amount | Sales Charge | Fund Price | Net Investment Amount | Units |
MYR 10,000.00 | 1.50% | MYR 0.5000 | MYR 10,000.00 / (100% + 1.50%) = MYR 9,852.22 | MYR 9,852.22 / MYR 0.5000 = 19,704.44 units |
MYR 10,000.00 | 0.50% | MYR 0.5000 | MYR 10,000.00 / (100% + 0.50%) = MYR 9,950.25 | MYR 9,950.25 / MYR 0.5000 = 19,900.50 units |