Whether the transferred fund is open for subscription, if the transferred fund cannot subscribe, such as closed period or closed subscription, it cannot be transferred.

Transfer-out funds and transfer-in funds are not settled by clearing companies. For example, one is an ordinary open-end fund and the other is an lof fund, so their settlement companies are different and cannot be converted.

After the subscription, the transferred-out share has not reached T+2 days, and it will take another day to be transferred out or redeemed.

Whether you buy a fund or invest in a fund yourself, the formed fund share can be redeemed or converted at any time.

Because it is a fixed investment, there will be no restrictions.