Since there is no capital delivery for fund conversion, the transaction conversion can be successful on the same day, and you can enjoy the expected income transferred to the fund the next day.
The fund transfer fee is charged in the following ways:
1. There is generally no charge for the mutual transfer of money funds and short-term debt funds;
2. Stock funds are converted into monetary funds to collect the redemption fee of stock funds, and the conversion fee is 0.5%;
3. Charge 0.6% conversion fee from money fund to stock fund [some fund companies charge 1.5% without any discount, such as Bank of Communications and Long Letter];
4. Most companies charge 0.5% redemption fee for mutual transfer of stock funds.
Some fund companies have other preferential fund conversion, and the regulations of each fund company are slightly different, depending on the regulations of the fund company.
The above tells you how long it will take for the fund to change, hoping to help you. I wish you better and better investment and financial management.
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