What are the benefits of fund conversion?
1, fund conversion, lower conversion rate, reducing transaction costs;
2. Fund conversion is to convert the held fund into other funds managed by the fund management company, saving time;
3. Fund conversion can be converted into funds with higher management level and hot market, so as to avoid risks and obtain higher return on investment.
How to calculate the fund conversion fee?
Fund conversion fee consists of transfer-out fund redemption fee and conversion compensation fee, that is, fund conversion fee = transfer-out fund redemption fee+conversion compensation fee. Among them, the redemption fee of the transferred-out fund = the redemption rate of the transferred-out fund, the transferred-out amount = the net fund share value of the transferred-out fund on the day of fund share conversion application, and the conversion makeup fee = [the net fund share value of the transferred-out fund on the day of fund share conversion application (1- redemption rate of the transferred-out fund) /( 1+ makeup rate of fund conversion application)] the fund conversion subscription makeup rate.
For example, when an investor buys a mixed fund of Bosera healthcare industry, the fund share transferred out is 65,438+0,565,438+0.93. On the day of applying for conversion, the net fund share value of the transferred fund was 2.2970. The redemption rate of the transferred-out fund is 0.50%, and the supplementary rate of fund conversion subscription is 0%, so the transferred-out amount is 65,438+0,565,438+0.932. The redemption fee transferred to the fund is 348.980.50%= 1.74 yuan, and the conversion compensation fee is [151.932.2970 (1-0.50%)/(1+).
The above are the benefits of fund conversion, and I hope it will help everyone.