Shang Hai Zheng Quan Bao·2026-02-08 17:55Core Viewpoint - The company, Shanghai Guotai Haitong Securities Asset Management Co., Ltd., will launch a fund conversion service for its publicly offered securities investment funds starting from February 9, 2026, to meet the investment needs of investors [1]. Group 1: Fund Conversion Service Details - The fund conversion service will be available for all publicly offered securities investment funds that meet the conversion business rules at the company's direct sales counter [1]. - Investors can convert their holdings in one fund to another fund managed by the same fund manager and sold by the same sales institution [1][2]. - The conversion service will be operational on trading days of the Shanghai and Shenzhen Stock Exchanges, except when the company announces a suspension of subscription or redemption [1]. Group 2: Applicable Funds - The conversion service applies to all publicly offered securities investment funds sold at the company's direct sales counter, excluding certain fund types such as fund of funds (FOF), money market funds, QDII funds, REITs, and specific personal pension fund shares [2]. Group 3: Conversion Rules - Both funds involved in the conversion must be managed by the same fund manager and registered with the same registration institution [4]. - The fund being converted out must be redeemable, while the fund being converted into must be available for subscription [4]. - The conversion price will be based on the net asset value of the funds on the day the conversion application is accepted [4]. - The conversion process follows a "first in, first out" principle regarding the registration dates of the fund shares [4]. Group 4: Conversion Process and Timing - The effective date for the conversion application is the day it is received, with confirmations typically occurring the next business day [5]. - Investors can check the status of their conversion from the second business day after the application [5]. - The holding period for the converted fund shares will restart from the confirmation date of the conversion [6]. Group 5: Conversion Fees - Conversion fees consist of the redemption fee from the fund being converted out and any difference in subscription fees between the two funds [9]. - The redemption fee will be charged according to the redemption fee rate of the fund being converted out [9]. - If the subscription fee for the fund being converted into is higher, the investor must pay the difference; otherwise, no additional fee will be charged [9]. Group 6: Important Notes - Single conversion applications must meet the minimum redemption and subscription amounts as specified in the fund's prospectus [10]. - Investors can withdraw their conversion requests before the end of the trading day on which they are submitted [8]. - The company reserves the right to adjust the conversion rules within the legal framework and fund contracts [11].