The time of fund conversion should be determined according to whether the fund is transferred out or into the fund. Transfer-out fund is a conversion operation when the fund rises; Those transferred to the fund should be converted when the fund falls.

At the same time, according to the confirmation time of the conversion fund, the calculated fund income is also different. If the investor converts Fund A into Fund B before 3: 00 pm on the same day, then the income of that day will be counted as Fund A, and the next trading day will be counted as Fund B; If investors convert Fund A into Fund B after 3 pm on the same day, then the income of that day and the income of the next trading day are counted as Fund A, and the income of the next trading day is counted as Fund B. When switching from a low-risk and low-volatility fund to a high-risk and high-volatility fund, try to do it when the market falls or is relatively low. Changing from a high-risk and high-volatility fund to a low-risk and low-volatility fund should be done at a high point.

But switching back and forth between two similar funds is a bit uneconomical. You can redeem at a high level and buy at the right time, but in this case, the risk is great.

The conversion between funds is more suitable for the conversion between goods-based funds or bond funds and equity funds. However, the fund is mainly a long-term investment, and it is easy to be trapped if the market outlook continues to fall when it falls; When the fund rises, although the share is small, as long as the fund can keep rising, it is a happy thing, so it needs specific analysis of specific problems.

: When the fund is converted, the conversion fee of the fund needs to be paid. The conversion fee of the fund comes from the difference between the handling fees of the two funds, which is generally the difference between the subscription fee of the fund and the redemption fee of the fund. Although the fund conversion needs to pay part of the handling fee, compared with the repurchase fund share, the handling fee still has certain advantages. However, there are certain restrictions on fund transformation. Funds can only be converted into funds of the same fund company, and some funds have not yet opened the fund conversion function and cannot be converted.