It can also be said that re-custody refers to the business that the same investor transfers the fund shares entrusted to one institution to another institution. The types of certificates and materials carried in the re-custody business are the same as those carried in the purchase and redemption.
Extended data
Matters needing attention in fund re-custody
When transferring custody, the fund holder can transfer all the fund shares he bought in a sales organization (place) at one time or in part, but the balance of the fund shares transferred out and transferred to the sales organization after the transfer custody is completed shall not be lower than the minimum holding share stipulated in the fund contract.
If the fund share balance managed by the investor in the sales organization (place) is lower than the minimum share after re-custody, it is confirmed that the re-custody is unsuccessful. If the investor's fund share balance is lower than the minimum share, he must apply for a one-time transfer when transferring custody. If the number of applications is not all, the registration transfer department confirms that the transfer is unsuccessful.
Baidu encyclopedia-fund transfer trusteeship