Mutual Funds / UITFs: Realizing Your Gain

I’ve recently read a post on one of my favorite forums about money and investing

Let’s say i’ve invested 1000 units participation of equity fund on sept 26 w/ navpu @ 226.4051

had an early redemption say today w/ it’s navpu @ 240.3455

1000 units X 240.3455 = 240,345.50
less 1132.03 (early redemption fee) = 239,213.47
minus 226,405.10

does it means i’ve earned Php 12,808.37 already? any addt’l charges or taxes i’ve missed or did I totally messed up my computation?

He has pretty much realized his profit. This is something that most people realize when investing in mutual funds and UITFs is that you don’t actually earn anything yet. You have only earned “in paper”. You would only have earned this until you sell your units or shares.

I, myself, don’t have any plans yet to withdraw my money. I plan to but not right now. I’ll ride the ups and downs for the next few years.