Shang Hai Zheng Quan Bao·2025-09-28 17:30Core Viewpoint - CITIC Construction Investment Fund Management Co., Ltd. has decided to launch fund conversion services for certain funds through Beijing Bank to meet the investment needs of investors [1]. Group 1: Applicable Fund Range - The fund conversion services will apply to specific funds managed by CITIC Construction Investment [2]. Group 2: Applicable Investor Range and Processing Locations - The conversion services are limited to investors who process their transactions through Beijing Bank [2]. Group 3: Launch Time - The fund conversion services will be available starting from September 29, 2025, and the processing time will align with the fund subscription and redemption times [3]. Group 4: Fund Conversion Rules - Fund conversion allows holders to convert part or all of their holdings in one fund to shares in another fund managed by the same company [4]. - Conversions must occur within the same sales institution, and both funds must be managed by the same fund manager and registered with the same registration agency [4]. - Conversions are applied in units of shares, and multiple conversion requests can be initiated, with fees calculated separately for each request [4]. - The pricing principles for conversions depend on the types of funds involved and are based on the net asset values on the day of application [4]. Group 5: Fund Conversion Fees and Calculation - Fund conversion fees consist of the difference in subscription fees and the redemption fees of the outgoing fund, with specific calculations outlined [7]. - The net amount for conversion is calculated after deducting the redemption fees and any applicable subscription fee differences [7]. Group 6: Situations for Suspending Fund Conversions - Fund conversions may be suspended due to force majeure, abnormal trading halts, significant redemptions, or other circumstances deemed detrimental to existing fund holders [8][9].