First, how to convert the funds in hand?
In fact, when we buy funds, we must buy them in official website or on other platforms. When we convert funds, we should refer to this platform or official website's conversion requirements. For example, some funds will set a conversion period when converting, usually within one week. This requires a handling fee, which is about 1%. When the conversion exceeds this period, there is no need to pay the handling fee.
2. What conditions need to be met for fund conversion?
First of all, if it is a newly allocated fund, some funds are closed, and no operation can be carried out at this time. When the fund is converted outside the closed period, the condition is generally one week, and it is not necessary to convert outside the week. In fact, we can simply understand the conversion as selling this fund and then buying another fund quickly. The conversion only simplifies this process, that is to say, the fund does not need to come to our hands to buy, but is redeemed directly, and another fund is bought with this amount.
Third, if it is not particularly urgent, it is best not to change funds frequently.
Novices are particularly excited when they see that some funds are rising better, and then they will convert their own funds into this fund. As we all know, every fund has its ups and downs, so there is no need to change a fund frequently. Because when you transfer the fund, the fund needs to be confirmed first, which means that you lost one to three days of growth opportunities in the process of transfer. At the same time, the fund is also a long-term financial management process. At this time, the mentality must be stable and not too impatient.