The so-called fund conversion means that fund investors hold open-end funds issued by any company, so do we know what they are? The following is how to calculate the fund conversion income compiled by Bian Xiao _ The calculation method of fund conversion income is for reference only, and I hope it will help you.
How to calculate the income from fund conversion
First of all, the time for fund conversion is very short, and there is no intermediate time in this process. The fund directly trades according to the net value of the fund on that day. If investors convert Fund A into Fund B at 15:00 on the afternoon of the trading day, then the income of Fund A is the income of that day; If the fund is converted after 15:00 pm on the trading day, the income will be counted as fund B.
Take the conversion of fund A into fund B as an example. The redemption fee and the net transfer-out amount of Fund A need to be deducted from the transfer-out amount of Fund A to obtain the subscription amount of Fund B.. The subscription amount of Fund B minus the subscription fees and replenishment fees of Fund A and Fund B is the net subscription amount of Fund B, and then the share of Fund B can be calculated by dividing it by the net value of Fund B on that day.
The fund will be converted before three o'clock. Will there be income tomorrow?
Fund conversion before three o'clock will bring benefits tomorrow, even after three o'clock, because fund conversion is different from buying funds. There is no intermediate time for fund conversion, which is an instantaneous process and will not affect the income.
If the fund applies before 3 o'clock on the trading day, it will be confirmed on the same day, applied after 3 o'clock and confirmed on the next trading day. For example, after 3 o'clock on Wednesday and before 3 o'clock on Thursday, apply for fund conversion, and the confirmation time of fund conversion is Thursday; Apply for fund conversion before 3 o'clock on Wednesday, and the confirmation time is Wednesday.
If it is converted before 15 in the afternoon, the income of the day is the fund income before conversion, and the income of the next trading day is the fund income after conversion. If investors switch after 15 in the afternoon of the same day, the income of the day and the next trading day will be the fund income before the conversion, and the next trading day will be the fund income after the conversion.
Fund conversion refers to a business model in which investors can directly convert their fund shares into the fund shares of other open-end funds managed by the company after holding any open-end fund issued by the company, without redeeming the fund shares they hold before purchasing the target fund.
From the point of view that fund conversion has no income influence, this is a very good operation strategy, but fund conversion is conditional, and you can't convert it if you want to.
Calculation method of fund transfer income
If it is transferred to other funds before 15: 00 on that day, the income will be calculated on that day. If the fund is transferred to other funds after 15: 00 on the same day, the income will be calculated the next day. Fund conversion means that investors can directly convert their fund shares into the fund shares of other open-end funds managed by the company after holding any open-end fund issued by the company.
Investors can handle fund conversion in any sales organization, sell the transferred fund and transfer it to the target fund at the same time. The two funds to be converted must be managed by the same fund manager represented by the seller and registered in the same registration institution. The fund conversion fee consists of subscription fee and redemption fee. The specific charge depends on the difference between the subscription rate and redemption rate of the two funds at each conversion. The fund conversion fee shall be borne by the fund holder. According to the redemption rate applicable to each transferred-out fund share on the conversion application date, the redemption fee of the transferred-out fund on the conversion application date is calculated; Based on the redemption rate applicable to the zero holding time of the transferred fund, the redemption fee of the same amount transferred to the fund on the conversion application date is calculated. If the redemption fee of the transferred fund is higher than that of the transferred fund, the redemption fee difference will be charged; If the redemption fee of the transferred fund is not higher than that of the transferred fund, the difference of redemption fee will not be charged.