Investors need to bear the redemption fee of the former fund and the subscription fee of the latter fund at the same time before purchasing a new fund. If the fund is converted, you only need to bear the redemption fee of the former fund and the subscription fee of the latter fund to make up the difference. Moreover, some fund companies have preferential fees for internal fund conversion;
Generally, the quick withdrawal of funds cannot be received in real time, and it takes a certain redemption time on the way. However, different fund types and different fund companies have different regulations on redemption time, ranging from T+0 to T+3. The confirmation time of fund conversion is generally T+ 1, which is shorter than that of direct redemption and re-subscription.
Operation skills:
The income from fund investment comes from the future. For example, if you want to redeem stock funds, you can first look at whether the future development of the stock market is a bull market or a bear market. Then decide whether to redeem or not, and make a choice on the timing. If it is a bull market, it can be held for a period of time to maximize the benefits. If it is a bear market, redeem it in advance and put it in the bag.
Converting high-risk fund products into low-risk fund products is also a kind of redemption, such as converting stock funds into money funds. This can reduce the cost, the conversion fee is generally lower than the redemption fee, while the money fund has low risk, equivalent to cash, and the income is higher than the current interest. Therefore, conversion is also an idea of redemption.