1. Is the fund conversion based on the net value of the day?
Fund conversion is calculated on the basis of T-day net value, that is, the fund conversion application submitted on T-day, whether it is transferred to the fund or transferred from the fund, is confirmed on the basis of T-day net value. The confirmation time of fund conversion is T+2 days.
T day refers to the trading day excluding weekends and legal holidays, and the conversion operation time must be before 15:00 on that day, otherwise it will be regarded as the next trading day.
For example, if an investor applies to convert his stock fund into a bond fund before February 30th 15:00, then both the stock fund and the bond fund will be calculated according to the net value of 12 30. If the application for conversion is filed after 30 February 12 15:00, it shall be calculated according to the daily net value of 65438+3 1.
It should be noted that fund conversion, like fund redemption, adopts the principle of unknown price, that is, the unit net value on T day is unknown when the conversion application is submitted, and the fund company will announce the net value after the market closes on that day.
Second, the fund conversion fee
There is a certain handling fee in the process of fund conversion, including the difference between the redemption fee of the transferred fund and the subscription fee of the transferred fund. For example, if an investor applies to convert a bond fund into an equity fund, and the subscription fee for the bond fund is 0.06%, while the subscription fee for the equity fund is 0. 15%, then in addition to the redemption fee for the bond fund, it is also required to bear the subscription fee difference of 0.09% (0. 15-0.06%).
The above content about whether the fund conversion is based on the net value of the day, I hope it will help everyone. Warm reminder, financial management is risky and investment needs to be cautious.