Calculation time of fund conversion holding
After the fund conversion, the holding time of the transferred-out fund share will be recalculated, that is, the holding period of the transferred-out fund share will be recalculated from the date of confirmation of the transferred-out fund share.
The two funds restricted from fund conversion must be managed by the same fund manager sold by the same sales organization and registered with the same fund registration institution. When an investor handles the fund conversion business, the transferor fund must be in a redeemable state, and the transferee fund must be in a redeemable state. Mutual conversion business is not open between different types of fund shares of the same fund.
Transfer-in share calculation
Transfer-in share = transfer-in amount ÷ the net value of the fund share on the transfer-in application date of the transferred-in fund. The specific share shall be subject to the records of the registration authority. The redemption fee of the transferred-out fund and the replenishment fee of the transferred-out fund shall be kept at two decimal places, and the two decimal places shall be rounded off, and the resulting error shall be included in the fund property.
References:
Fund conversion-Baidu Encyclopedia