Fund conversion is to convert a product of a fund company into a product of the same fund company. Fund conversion saves the time of redeeming funds and buying funds again, so it is very popular with investors, but fund conversion does not necessarily save money.

The conditions for fund conversion are as follows:

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.