No matter what the operation is in the market, it will take some time to review. Next is the calculation of some expenses. Different fund companies have slightly different conversion rates. Then fund conversion is a common operation in the fund market. Is there still time for fund conversion? How many days does it take to change funds?

How many days does it take to change funds?

The operation time of fund conversion is very short, usually not too long, and it is an instantaneous process. Among them, closed-end funds are traded by bidding in securities trading, so there are premium and discount phenomena in the trading price of closed-end funds. Fund conversion can only be carried out between funds of the same fund management company, and it is impossible for the company to handle this business without such a function.

If investors switch funds before 3 pm on the trading day, they will generally confirm the fund share on the next trading day. Moreover, the income obtained after the conversion is the income of the day and the income of the fund before the conversion. Naturally, if investors convert funds after 3 pm on the trading day, they will generally confirm their shares on the next trading day.

Summary: the fund conversion does not need any time, and the conversion operation is a short-term thing. Moreover, in the process of conversion, the procedure fee is generally the sum of the redemption fee of the transferred fund and the subscription rate of the transferred fund. At the same time, there is no intermediate time for fund conversion, which is an instantaneous process, so it does not affect the income of the day.