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How to convert stock funds into money funds
Fund conversion refers to investors operating between fund products of the same fund company.

Convert all or part of the open-end fund shares into other open-end fund shares, based on

The result of gold conversion is similar to the effect of redeeming a fund and then buying other funds. The largest of the two.

The difference is that although the fund conversion needs to pay a certain conversion fee according to the company's regulations,

The total transaction cost is much less than "redemption and re-subscription".

At present, different fund companies have different regulations on conversion fees, depending on the specific regulations of your fund company.

Generally speaking. But it basically includes two parts: "redemption fee for transferred funds" and "compensation fee for purchase"

The "supplementary subscription fee" is the difference between the subscription rates of the two converted funds. if

Investors do not need to pay the difference when switching from a fund with a high subscription rate to a fund with a low subscription rate.

If you change from a fund with a low subscription rate to a fund with a high subscription rate, you need to "make up the difference".

The rate of supplementary subscription fee is equal to the absolute value of the difference between the two subscription fees.