At the same time, if investors convert Fund A into Fund B before 3 pm on the same day, then the income of that day will be counted as Fund A, and the next trading day will be counted as Fund B. ..
If investors convert Fund A into Fund B after 3 pm on the same day, then the income of that day and the income of the next trading day are counted as Fund A, and the income of the next trading day is counted as Fund B. ..
The principle of "unknown price" is generally adopted in the subscription and redemption of funds, that is, the amount of fund shares bought or sold is calculated by the net asset value of fund shares after the closing of the application date. Fund conversion also follows this principle.
There is income on the day of fund conversion. There is no intermediate time for fund conversion, which is an instantaneous process, so it does not affect the income of the day. Fund conversion means that investors convert their shares of a company's open-end funds into the shares of other open-end funds of the company.
If investors switch before 15 in the afternoon, the income of the day is the fund income before the conversion, and the income of the next trading day is the fund income after the 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.
Assuming that Monday to Friday is the trading day, if you apply to convert Fund A into Fund B before Monday 15: 00, your Fund A will still calculate Monday's income, and the income of Fund B will be calculated from Tuesday's confirmation. It should be noted that if it is a QDII fund or a Hong Kong fund, the time may take 2-3 trading days.