Fund conversion is a fund term. Simply put, investors can directly convert a fund product under the name of a fund company into another target fund without redeeming it first and then buying the target fund.

How much is the fund conversion fee?

Mainly collect fund conversion fees, including fund product subscription replenishment fees and redemption fees. Among them, the subscription compensation fee is the difference of subscription fee charged when the fund with low subscription rate is transferred to the fund with high subscription rate. Conversely, when a fund with a high subscription rate is transferred to a fund with a low subscription rate, the price difference is not charged.

In practice, different fund companies have different fund conversion rates, and there is no uniform price, as follows:

1 similar fund conversion

For example, the conversion rate of ordinary stock funds and stock funds is usually only 0.5%, which is lower than the normal subscription rate 1.5%.

2 Different types of fund conversion

In this case, the conversion rate is often uncertain. For example, the conversion fee from money fund to stock fund is usually 1.5%, which is the same as the subscription rate; However, the conversion fee from stock funds to money funds is usually 0.5%, which is equivalent to the redemption rate.

Of course, the conversion rate corresponding to different amount conversion is also different, mainly depending on how the fund company stipulates. In addition, in order to attract investors, many fund companies even require investors to hold fund products for more than a certain period of time, and the conversion rate will be further reduced or converted for free.