Here's a back-end sales load calculator to complement the front-end load calculator. Enter values for the number of shares to be redeemed, the sales load rate, NAVPS, and the tax rate (optional, default is 12%). Click the calculate button to get the amount redeemed.
I want to redeem 1000 shares at a NAVPS of P2.50. The back-end sales load is 2%, which is taxed by a VAT of 12%. The redemption amount itself is not taxed.
One thousand shares multiplied by P2.50 is P2500.
P2500 x 2% = P50
P50 x 12% = P6
So the total amount redeemed is P2500 - P56 = P2444
Also check out the Front-end load calculator and calculator page.