Is there any gain from fund conversion confirmation?
Got something. There is no gap during the fund conversion period, which will not affect the fund income. For example, if an investor changes funds before three o'clock, it is equivalent to selling the old fund and buying a new fund before three o'clock, then the new fund will calculate the income from the next trading day, and the old fund will settle the income on the same day.
Similarly, if you change funds after three o'clock, which is equivalent to selling the old fund and buying the new fund before three o'clock in the next trading day, then the new fund will calculate the income from T+2, while the old fund will calculate the income at T+ 1
What are the requirements for applying for fund conversion?
1. Switch on the same sales platform. For example, both funds are sold on Alipay platform. This conversion process takes place in Alipay, and the share change only takes place in Alipay, which will not affect investors' shareholding in other trading platforms.
2. Open-end funds are in a tradable state, and fund conversion is also a kind of "buy" in disguise, so the conversion object needs to be open to buy and be in a tradable state.
3. Matching the charging mode, that is, whether the front-end charges of the fund are consistent with the back-end charges. Among them, the open-end fund with front-end charging mode can only be converted into other funds with front-end charging mode, and the fund with zero subscription fee defaults to front-end charging mode; Funds with back-end charging mode can be converted into funds with other front-end or back-end charging modes.
The above are some knowledge points of fund conversion, so you can pay attention to them.