Yes, the fund conversion fee = redemption fee of the transferred fund+conversion supplementary fee. For example, when the subscription fee of Fund A is higher than that of Fund B, only the redemption fee of Fund A will be charged; When the subscription rate of Fund A is lower than that of Fund B, after the redemption fee of Fund A is charged, the difference between the subscription fees of the two funds needs to be added.

Fund conversion refers to mutual conversion between funds managed by the same fund company, which saves the process of subscription and redemption and saves time and handling fee costs.