The operating rules of the fund are as follows
Submit the transaction application on T day (working day), the registrant will confirm it on T+ 1 day (working day), and the confirmation result will be checked on T+2 day. If you submit the transaction of transferring Fund A to Fund B before 15: 00 on the working day afternoon, the net value transferred from/to the fund shall be subject to the net value of that day. If 15: 00 trading time, the net value of the fund transferred out is the net value of the next working day.
Calculation formula: transferred-in fund share = (transferred-out fund share × net value of transferred-out fund on T day-conversion fee)/net value of transferred-in fund on T day.
The two funds in the conversion application must meet the conditions.
1, two synchronous open-end funds sold in the same sales organization and registered by the same registrant;
2. 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;
3. Funds with back-end charging mode can be converted into funds with other front-end or back-end charging modes.
References:
Fund conversion-Baidu Encyclopedia