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Is there a handling fee for the 20 15 conversion of Penghua Fund?
The total cost of fund conversion includes the redemption fee and subscription compensation fee transferred to the fund.

Redemption fee of transferred-out fund = transferred-out share × net value of fund share on the day of transferred-out fund × redemption rate of transferred-out fund.

Transfer-out amount = transfer-out share × net value of fund share on the day of transfer-out fund-redemption fee of transfer-out fund

The compensation fee for fund conversion subscription shall be calculated and charged according to the difference between the subscription fee of transferred-in and transferred-out funds, and the specific calculation formula is as follows:

Compensation fee for fund transfer subscription = max [(fund transfer subscription fee-fund transfer subscription fee), 0]

That is, transfer-in fund subscription fee minus transfer-out fund subscription fee. If it is negative, take 0, where:

Transfer-in Fund Subscription Fee = Transfer-out Amount ÷( 1+ Transfer-in Fund Subscription Rate)

Transfer-out fund subscription fee = transfer-out amount-transfer-out amount ÷( 1+ transfer-out fund subscription rate)

Transfer-in amount = Transfer-out amount Fund conversion subscription replacement fee