Ordinary fund conversion can only be converted into the fund products of our company, not into the products of other companies. Only super conversion can be converted into products of other fund companies. The main purpose of fund conversion is to save the time of redemption and repurchase share confirmation, and the conversion can be completed within 2-3 working days at most. When selling funds and buying them on holidays or weekends, it takes a long time to confirm the shares, which makes it easy to miss the opportunity.

Matters needing attention in using fund conversion

The general operation is to redeem the original fund first, and then buy another fund after the funds arrive. This kind of operation often takes more time, because the transaction of the fund is T+2, and it will take four or five days to toss down, which may miss the best opportunity for the new fund to enter the market.

Moreover, the subscription and redemption of funds are very expensive. Redemption of the held fund and purchase of another fund will require additional subscription and redemption fees.