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What is the matching conversion business of graded funds?
Hello, the matching conversion business of graded funds refers to the split conversion and merger conversion according to the relevant agreements in the fund contract and prospectus. Among them, split conversion refers to the behavior of the holders of graded fund shares to split their basic shares in the exchange into two types of sub-shares according to the agreed proportion; Merger and conversion refers to the behavior of fund share holders to merge their two types of sub-shares in the exchange according to the agreed proportion as the basic shares.

After the graded fund opens the matching conversion business, investors can use the Shenzhen Stock Exchange account to submit the split or merger application through the relevant securities companies during the trading hours of the Shenzhen Stock Exchange, with the basic share securities code as the securities code of the application instruction, and declare by share. After the investor's matching conversion application is confirmed successfully, the sub-share or basic share formed by the conversion will be available on the next trading day.