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What does fund conversion mean?
1. Fund conversion refers to the fund share, which refers to the certificate that the holder enjoys the right of income distribution, the right to obtain the remaining property after liquidation and other related rights according to the share held by the investor, and undertakes corresponding obligations.

2. Fund share conversion refers to adjusting the total fund share according to a certain proportion under the premise that the net asset value of the fund remains unchanged, so that the net asset value of the fund unit decreases accordingly. After the share conversion, the total amount of fund shares and the number of fund shares held by the holders will be adjusted, but the adjusted proportion of fund shares held by the holders in the total amount of fund shares will remain unchanged. The conversion of shares has no substantial impact on the rights and interests of the holders. For details, please refer to the relevant announcements of fund share conversion.

The end date of capital verification is the fund share conversion date, and the fund manager will convert the fund share so that the net value of the fund share on the end date of capital verification is 65,438+0.0000 yuan. Then, according to the net value of the fund shares on that day, the fund shares that investors should get for centralized subscription are calculated, and the shares that investors should purchase for centralized subscription are registered and confirmed by the registration institution.

The fund manager will announce the results of share confirmation and fund share conversion of centralized subscription.