Fund conversion is the behavior that investors can directly convert their fund shares into the fund shares of other open-end funds managed by the company after holding any open-end fund issued by the company. What are the advantages of fund conversion?

1, fund conversion is cheaper than fund selling: fund conversion does not need to pay subscription fees, and the conversion rate is lower; After the fund is redeemed, a redemption fee is required.

2. Different time-consuming: Fund conversion directly converts the fund shares it holds into the fund shares of other open-end funds managed by the company, which can save a lot of time compared with redemption in subscription and make the purchased funds give full play to their value.

3. You can avoid risks or get higher return opportunities through fund conversion.