Fund switching can be done through online banking. Or call Agricultural Bank of China’s customer service to inquire.

Fund switching: Fund switching business is a service provided by fund managers to fund holders. That is, after investors hold open-end funds issued by a fund management company, they can freely switch to that fund. For other open-end funds managed by the company, it is a business to directly subscribe for target funds without first redeeming existing funds.

The fund switching business provides convenience for investors to respond to changes in the stock market, bond market and currency market. When major changes occur in the securities market, investors can avoid investment risks caused by market fluctuations by switching between funds with different risk levels; or when investors' income status or risk tolerance changes, by switching businesses, Change investments to fund products that meet your own investment objectives.

In addition, by changing the fund investment type through switching business, you can enjoy a certain rate discount compared to the normal redemption and re-subscription business. After the fund shares are converted, the original holding time will continue to be calculated, and the longer the holding time, the lower the redemption rate. Fund switching can also shorten the time than selling old funds and buying new funds.

Under normal circumstances, after applying for fund conversion, confirmation can be obtained on the second trading day (i.e. T+1). It should be noted that due to fund registration agencies and other reasons, there may be one or a few funds in the same fund company that cannot be converted with other funds. However, investors should not switch fund products frequently. Because the fund is a professional financial product, fund performance has a certain periodicity. Investors cannot blindly switch fund products just because the net value of the fund is lower than their psychological expectations in the short term. This not only increases the cost of fund switching, but may also lose the profit opportunities that the original fund products should have.