Converting funds has three advantages: (1) saving money. Fund conversion fees generally include "redemption fee for transferred funds" and "subscription fee supplement". Poor "two parts, much cheaper than normal redemption and re-subscription. The "supplementary subscription fee" is the difference between the subscription rates of the two converted funds. If an investor changes from a fund with a high subscription rate to a fund with a low subscription rate, there is no need to pay the difference. For example, if you subscribe for 654.38+10,000 yuan to invest in Morgan China and decide to switch to Morgan A? Second serve. If the net value of Huaxia Advantage on that day is 1.86 yuan, the subscription rate is 1.5%. If you redeem Huaxia Advantage first and then purchase Alpha, you need to pay: redemption fee =10000x86x0.35% = 651yuan, and subscription fee = (10000x1.86-651). However, if it is directly converted, because the subscription fees of the two funds are the same, the replenishment fee is 0, and only the redemption fee of Huaxia advantage needs to be paid, that is,100000x1.8613x0.35% = 651yuan, which is enough to save nearly 3,000 yuan. (2) Save time. According to the order of redemption before purchase, it usually takes 5 working days, while it usually takes 2 working days to choose fund conversion. (c) "Seamless benefits" can be realized. Generally, it only takes 1 working day to confirm the fund conversion. On the first day, you can enjoy the income from transferring funds, and on the second day, you can enjoy the income from transferring funds. You won't waste a few days' money and really realize "seamless income".