Fund conversion refers to the process of purchasing another open-end fund with one open-end fund to realize fund share conversion. Fund conversion omits the link of fund redemption and re-subscription, and directly completes the fund share conversion in the form of fund subscription.

Fund conversion must meet one of the following two conditions: the two funds to be converted must be open-end funds sold in the same sales organization and registered by the same registrant; The conversion agreement between the two funds can also complete the fund conversion.

For example, the third-party payment of Jimmy's fund trading platform is cash treasure. On the trading platform of Jimmy Fund, the funds that can realize mutual fund transfer function include Haifutong Currency A, Wanjia Currency, Southern Cash Increase Currency A, Huaan Cash Benefit A and ICBC Currency 3.

These money funds can realize the conversion of fund shares. If Mr. Deng, the holder of ICBC (Currency 3), wants to convert some of his fund shares into South Cash Increasing Currency A, Mr. Deng can directly purchase Fund A, choose "cash treasure Payment" when paying, and use the funds he already has to pay.

Matters needing attention in fund conversion: open-end funds with front-end charging mode can only be converted into funds with other front-end charging modes, and funds with zero subscription fee default to front-end charging mode; Funds with back-end charging mode can be converted into funds with other front-end or back-end charging modes.