Is it cost-effective to transfer funds or to sell and buy again?
According to the type of fund you want to buy, choose the appropriate purchase method. It is usually recommended to buy the same company and directly use the fund conversion. However, if you buy a different type of company, you might as well sell it and buy it again. Simply put, the fees charged are different. Generally speaking, for novice investors, it is more recommended to sell and buy. It is possible for financial managers who invest all the year round to change their funds.
There is a certain difference between fund conversion and fund trading. Fund conversion usually means that we convert our own fund shares into other shares, the holders or ourselves. The sale of the fund is to cash the fund shares held by ourselves according to certain requirements and turn them into cash in our account.
However, there are still some differences between the two in related expenses, and the fund conversion will not save our relevant procedures. The collection of handling fees is usually linked to the price difference and redemption fee. Usually, only when the subscription rate is low, a certain price difference will be charged, and the rest are basically the same as the fund's sale and repurchase.