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.