Fund conversion is based on share conversion. Fund conversion refers to a business model that investors can directly convert their fund shares into those of other open-end funds managed by the fund company after holding any open-end fund issued by the fund company, without redeeming the fund shares first and then re-purchasing.

Investors can handle fund conversion on the relevant fund sales platform. It should be noted that the two funds to be converted must both be funds represented by the sales platform, managed by the same fund manager and registered in the same registration institution.