1. The fund conversion fee consists of subscription fee and redemption fee. How much to charge depends on the difference between the subscription rate and redemption rate of the two funds at each conversion. The fund conversion fee shall be borne by the fund holder. What is left out is the subscription fee and redemption fee of the intermediate link.

Second, the cost of fund conversion.

1, redemption fee to make up the difference

According to the redemption rate applicable to each transferred-out fund share on the conversion application date, the redemption fee of the transferred-out fund on the conversion application date is calculated; Based on the redemption rate applicable to the zero holding time of the transferred-out fund, the redemption fee of the same amount transferred to the fund on the conversion application date is calculated. If the redemption fee of the transferred fund is higher than that of the transferred fund, the redemption fee difference will be charged.

Extended data

costing

The fees charged for fund conversion are mainly: "redemption fee for transferred funds" and "replenishment fee for subscription".

Redemption fee = redemption fund amount × fund redemption rate (the redemption rate of each fund company is different, generally 0.5%).

"Subscription fee supplement" is the difference between the subscription rates of two converted funds. If investors switch from funds with low subscription rates to funds with high subscription rates, they need to "make up the difference"; 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. The rate of supplementary subscription fee is equal to the absolute value of the difference between the two subscription fees. Su Zhenguo, financial manager of Industrial Bank, illustrated the cost calculation of fund conversion for readers.

(1) Converting equity funds into bond funds or monetary funds: the subscription fee for the transferred-out funds can be saved.

Mr. Zhang subscribed for 654.38+00000 shares of Tianfu Advantage Stock Fund on April 26th, 2007, and all of them were converted into Tianfu Income Bond Fund on October 28th, 2008. Assume that the net value of stock fund is 1.8296 yuan and the net value of bond fund is 1.0665438+ on the conversion date.

Redemption fee =10000×1.8296× 0.5% = 91.48 yuan,

Subscription fee = (10000×1.8296-91.48 )× 0.8% =145.63 yuan, * * is 237. 12 yuan.

While the direct conversion fee is10000×1.8296× 0.5% = 91.48 yuan, saving 145.63 yuan.