We are implementing Yu 'ebao or Cointong. These two kinds of money fund wealth management products are connected with more than ten kinds of money fund products respectively, and investors can switch between these money funds at will after investing. Some users said that after the fund switch, subsidy income had switched funds. What does this mean? Let's get to know each other.

What does it mean to switch funds to subsidy income?

The so-called conversion fund means that investors want to convert fund A invested by individuals into fund B. First, they need to transfer fund A before 15:00 on the trading day, and then directly buy the share of fund B after transferring fund A. Under normal circumstances, the subscription fees of different types of fund products are different, and the subscription fee difference will be formed when switching funds, that is, the subscription fee transferred to the fund minus the subscription fee transferred from the fund. This fee is the income from the subsidy of the stock exchange fund.

When converting funds, certain conditions need to be met, and the total assets of the fund are required to be 0, that is, there is no state of purchasing any money funds and no unavailable balance; There is no related balance treasure red envelope; There is no function of opening Yu 'ebao family account or small wallet; It is also required that the income of the monetary fund has been spent, and there is no income that has not been issued or is to be sent.