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Can the fund be converted in less than seven days?

Yes, as long as the fund confirms the share, it can be converted, but it is not recommended for investors to convert it within seven days, because the probability of short-term holding of the fund is relatively small, and the conversion fee is relatively high, so the conversion is not cost-effective.

fund conversion fee = redemption fee of transferred-out fund+compensation fee for conversion. The advantage of fund conversion lies in saving redemption and subscription fees, and secondly, saving a lot of time, so that the purchased fund can give full play to its value.