There are four situations in which funds cannot be converted:
1. If the fund of fund company A is converted to fund company B, it may not be successful. Only funds with conversion function are needed.
2. If the fund to be converted cannot be converted when the subscription is suspended, such as Labor Day, National Day, Dragon Boat Festival and other holidays. Some foundations have suspended subscription, so they cannot be converted.
3. If the fund to be converted is in a closed period, the closed period does not accept subscription and redemption, so it cannot be converted.
4, according to the fund prospectus and fund conversion rules, some funds can be converted, but not necessarily successful, such as:
The reserved share of transferred equity funds is less than 100, and some funds have minimum positions. If the conversion amount is too small, it will fail.
The charging mode of transferred funds and transferred funds is inconsistent, that is, it will not succeed if the rules of "front-end to front-end, back-end to back-end" are not followed.
Generally speaking, not all funds can be converted, depending on whether the platform, company and fund are in a closed period, whether the fund is in a suspension of subscription, and the specific rules for fund conversion. However, most funds are supportive.