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How does the issuing fund become cash?

1. Different fund companies and fund products have different conversion rules and requirements. There are usually two ways to convert funds. One is direct conversion, that is, the fund shares are directly converted into cash, and the other is indirect conversion, that is, the fund shares are first converted into other fund products, and then the fund products are converted into cash.

2. Contact the fund company to find out the specific steps of conversion and the required documents and forms.

3. according to the requirements of the fund company, fill in the corresponding conversion application form.

4. Submit the completed conversion application form to the fund company.

5. The fund company will process your application for conversion within a certain period of time and inform you of the conversion result. Generally, after the conversion is completed, your fund share will be converted into cash and deposited in your designated bank account.