Fund conversion period:
Investors can bring their ID card, fund account card and bank card to the sales outlets that can handle fund conversion business during the trading hours of the open day. T+2 working days, you can check the transaction status at the outlets that accept the business. (There are many ways to deal with direct selling channels. You can consult other specific ways of dealing with relevant institutions. )
How to confirm whether the conversion is successful?
After the investor successfully applies for fund conversion on T day, the registration authority will handle the right registration procedures for investors to reduce the transferred-out fund share and increase the transferred-in fund share on T+ 1 working day. Under normal circumstances, investors have the right to redeem the transferred fund shares from T+2 working days.
How to determine the fund conversion time?
It is a good time to change funds when it is judged that the investment market has changed greatly. When the stock market is not good, convert stock funds into bond funds or money funds; When the stock market is improving, it is suitable to convert bond funds and money funds into stock funds. This requires investors to grasp the changing trend of the market. In the fourth quarter of last year, the net subscription of many money funds was quite high, and only a few investors converted bond funds or money funds into equity funds, sharing the return of the rebound in the A-share market.
In addition, when the risk tolerance of investors changes, the fund can also be converted. If investors' personal risk tolerance declines due to unemployment, illness and other reasons, they can convert stock funds into bond funds or monetary funds; On the other hand, if you enhance your ability to resist risks due to the increase in income such as promotion and salary increase, you can consider converting some bond funds or money funds into excellent stock funds and enjoy higher return on investment.