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The difference between super conversion and ordinary conversion of funds
The difference between super conversion and ordinary conversion of funds

1) has different convenience.

Super conversion funds are more free than ordinary conversion funds (the same fund company), which is convenient for users to switch investment targets in time.

2) Different degrees of choice flexibility

Compared with ordinary conversion, fund super conversion is more diverse and flexible for investors.

3) Different transaction costs

There are differences in transaction costs, and the general capital conversion is the sum of the redemption fee transferred out and the subscription rate of the transferred funds; Over-conversion is the sum of the redemption fee transferred out and the subscription rate transferred into the fund.

Ordinary conversion refers to a business model that investors can freely switch to other open-end funds managed by a fund management company after holding any open-end fund issued by the fund management company, without redeeming the fund shares they hold before purchasing the fund.

Transaction cost = redemption fee of transferred-out fund+replenishment of subscription rate of transferred-in fund (replenishment of fund subscription that does not support preferential discount rate will be calculated according to its original rate).

Super-conversion business is a transaction in which investors submit applications through the JD.COM Kentley fund platform trading system to convert their convertible fund shares into fund shares of any qualified fund company.

Transaction cost = redemption fee for the transferred fund+subscription fee for the transferred fund.