Some of the funds bought by Alipay can be converted, and some cannot be converted. You can generally see it on the fund purchase page. If they can be converted, you usually click "Sell/Convert", then click "Convert" and select the converted fund.

However, there will be conditions when switching funds. If the fund does not accept subscription and redemption within the closed period, the fund that cannot be converted cannot be converted unless the subscription is suspended. For example, Labor Day, National Day, Dragon Boat Festival and other holidays. Some funds will suspend subscription and cannot be converted.

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How to convert the fund?

Generally speaking, if the fund is converted, it can be converted from one fund to another, which can save the handling fee and the time and energy of redemption and repurchase, which is more cost-effective.

When switching funds, you should choose a good fund to switch. It is meaningless to choose a bad fund for conversion. First of all, before switching funds, we need to look at the past performance of the fund. Try not to choose a fund with poor performance and choose a fund with good past performance.

Secondly, it depends on the fund manager, and try to choose a fund manager who has worked for more than 4 years. Generally, fund managers who work long hours will be more experienced than new fund managers, and it also depends on how fund managers managed their funds in the past.