Did not say whether it is better to switch funds or sell them directly. The difference between fund conversion and direct selling is that after fund conversion, investors change from holding one fund to holding another fund, and after the fund is sold directly, investors hold cash.

Fund conversion refers to the behavior that the fund share holder applies to convert all or part of the fund shares of any open-end fund (transferred fund) managed by the fund manager into the fund shares of other open-end funds (transferred funds) managed by the same fund manager according to the conditions agreed in the fund contract and the effective announcement of the fund manager, and has started the fund conversion business.