Under normal circumstances, the fund conversion fee is lower than the subscription fee, or even not charged. Of course, the specific situation depends on each fund company. For example, if you subscribe to a monetary fund of a fund company and want to convert it into a stock fund of the same fund company, it belongs to a fund with a low subscription rate (0%) and a high subscription rate (1.5%). You have to pay the subscription rate difference of 1.5%-0%= 1.5%, because the redemption rate of the money fund is 0%. If you have a monetary fund of 65,438+02,000 yuan (shares), the subscription rate of the stock fund to be converted is 65,438+0.5%, and the net fund value at the end of the period on the application date for conversion is 65,438+0.20 yuan. Then: your converted share of stock fund is:12000× (1-1.5%) ÷1.20 = 9850 shares.

Fund conversion business can simplify procedures and save a lot of time. Take stock funds as an example. If the investor redeems the A fund first and then purchases the B fund, it will take 4 to 5 working days at the earliest to confirm the successful purchase of the B fund, and can apply for redemption. Comparatively speaking, if an investor applies to convert Fund A into Fund B, under normal circumstances, the investor has the right to redeem the fund shares transferred to some funds (Fund B) from T+2 working days.