The transaction application shall be submitted on T day (working day), and the registrant shall confirm it on T+1 day (working day), and check the confirmation results on T +2. If the transaction transferred from fund A to fund B is submitted before working day 15: 00, the net value transferred from/to the fund shall be subject to the net value of the day. If the net value of transferred-in/transferred-out funds is converted at 15: 00 after trading time, the net value of the next working day shall prevail.
The net transfer-out amount of fund A is the subscription amount of fund B. The net subscription amount of fund B is the net subscription amount of fund B after deducting the subscription fees of fund A and fund B, and then divided by the net value of fund B on that working day to get the share amount transferred to fund B. Therefore, there is no intermediate time in this process, and transactions are made according to the net value of that day. Calculation formula: Transfer-in capital share = (Transfer-out capital share * T-day net value of transfer-out capital-conversion cost)/T-day net value of transfer-in capital.
The two funds in the conversion application must meet the conditions.
1. The same sales organization and the same registrant sell two open-end funds at the same time;
2. Open-end funds with front-end charging mode can only be converted into funds with other front-end charging modes. The fund with zero subscription fee defaults to the front-end charging mode;
3. The funds in the back-end charging mode can be converted into other funds in the front-end or back-end charging mode.