Conversion fund is an investment tool, and its basic principle is to convert investors' funds from one asset class to another. The income of the conversion fund depends on the rise and fall of the invested asset class.
If the funds of the conversion fund are transferred to the asset class with good performance, and the asset class rises the next day, then the conversion fund may have income. On the contrary, if the transferred asset class falls the next day, the conversion fund may suffer losses.
Investment involves risks, and asset price fluctuations are unpredictable. Investors should make wise decisions according to their own risk tolerance and investment objectives when switching funds or making other investments, and fully understand the relevant risks and prospects before investing.