Will redeem their own funds and re-purchase, but this is relatively troublesome. In fact, under certain conditions, funds can be converted. The following small series brings how to convert the funds bought by the company. Let's take a look at it together, hoping to bring some reference.
1. How to convert the fund?
Fund conversion only needs to find the function navigation of "fund conversion" on the corresponding fund trading platform. There are certain restrictions on fund conversion. Generally speaking, it needs to be managed by the same fund company before it can be converted.
To give a simple example: For example, if the investor's fund A is managed by company C, and the investor wants to convert the fund A into fund B, then the fund B also needs to be managed by company C, that is, the two funds to be converted must belong to the same fund management company. If an investor wants to convert Fund A into Fund E, and Fund E is not managed by Company C, then it cannot be converted.
Different fund trading platforms may have different operating methods and steps for fund conversion, but as long as you find the function navigation of "fund conversion", click in and select the fund to be transferred out, you can see the range of funds that can be converted.
Different fund trading platforms may have different restrictions on fund conversion. Some trading platforms have a wide range of convertible funds, while others have a relatively narrow range of convertible funds.
If there is no fund we want to buy within the scope of fund conversion, then we can only redeem the fund we hold first and then buy it again. Generally speaking, closed-end funds, QDII and LOF funds cannot be converted.
2. Which is more expensive, fund conversion or redemption?
Generally speaking, the cost of fund redemption and re-subscription is higher than the cost of fund conversion. The fund conversion fee consists of redemption fee and subscription fee. If the fund is redeemed and then purchased, the redemption fee and subscription fee need to be paid.
Give a simple example: For example, if an investor wants to convert Fund A into Fund B, the required fee is the redemption fee of Fund A+ (subscription fee of Fund B-subscription fee of Fund A). If the subscription fee of Fund A is greater than that of Fund B, then there is no subscription fee. If the subscription fee of Fund A is less than that of Fund B, then you need to make up the difference.
Fund conversion can reduce our transaction cost and save our transaction time to some extent. Fund conversion can generally confirm the share on the same day or the second trading day, while fund redemption generally takes more than 3 days.
Seize the stocks with continuous daily limit.
In the mid-line stock picking skills, if you want to make a medium-long line layout, you must look at the current market situation. You can refer to the annual line (250 antennas) and semi-annual line (120 antennas) of the market index. If the trend is above the annual line and the semi-annual line, it means that it is not a bear market at present. In the face of national policies, investors should not be lucky enough to grab the rebound or choose to buy people, but should wait and see to clear their positions. If the stock market rises sharply, it is necessary to follow the trend and hold shares in the medium term.
Mid-line stock selection should be comprehensively analyzed from six aspects: K-line shape, technical index, relative price, company fundamentals, market trend and stock theme. We should give up some stocks with high P/E ratio and prices much higher than their intrinsic values.
As for how to seize the stocks with continuous daily limit? The initial share price rose by more than 6%; Must be "heavy"; The greater the increase, the stronger the trend and the more favorable it is. Among the key conditions of daily limit, the opening price is 2-3 points higher and the opening price is not more than 2 points lower. The decline process cannot be heavy, and the heavy volume is suspected of shipping; The closing price is near yesterday's closing price, so it is best not to form a gap.