No, fund conversion fee = redemption fee transferred to the fund+conversion compensation fee. For example, if the subscription fee of Fund A is higher than that of Fund C, only the redemption fee of Fund A will be charged; if the subscription fee of Fund A is lower than that of Fund C, the difference between the subscription fees will be added.

The fund redemption fee varies according to the holding time. The longer the holding time, the lower the charging standard, and the charging standard of each fund is different. Investors can inquire in the fund trading rules.

Extended data:

Principles to be followed in fund conversion:

Investors should follow certain principles when transferring funds. Its main principles are as follows:

1, front-end to front-end, back-end to back-end principle

Front-end to front-end and back-end to back-end means that open-end funds with front-end charging mode can only be converted into funds with other front-end charging modes, and funds with zero subscription fees default to front-end charging mode; Funds with back-end charging mode are converted into funds with other back-end charging modes. Under special circumstances, individual funds support the exchange of front and back offices, and investors shall be subject to the provisions of the fund company.

2. Unknown price principle

The conversion price of the Fund is calculated on the basis of the net value of the shares transferred out and into the Fund on the day when the application for conversion is accepted.

3. Shared application and first-in-first-out principle

Fund conversion is based on shares. The subscribed fund shares are converted at the time of conversion, and the subscribed fund shares are converted at the time of conversion. If there is a redemption application at the same time on the day of the conversion application, it needs to be handled in accordance with the company announcement.

Fund conversion conditions:

Fund conversion refers to converting any open-end fund held by investors into open-end funds of the company, but not all funds can be converted. Conversion can only be performed if the following conditions are met:

1, one fund manager, one registrant and one fund tripartite institution;

2. Sales channels support fund conversion business. Some sales channels have no conversion function in the software and may not be converted.

3. The two funds are in a normal convertible state, so assuming that the A fund can be converted, it will not succeed if it is converted into the B fund.

The charging mode of these two funds is the same. Open-end funds with front-end charging mode can only be converted into funds with other front-end charging modes. Funds with zero subscription fee default to the front-end charging mode.

5. Funds with back-end charging mode can be converted into funds with other front-end or back-end charging modes.