Fund China: Provide Chinese funds for investment and related reference information.
Today ListSpecialFavoritesRSS

Recommendation: •  China Fund List •  China Fund Companies List
•  Is Fund required to bear the responsibility of propping up the market?

You are here: Fund China > Fund comment > Conversion funds save time and money

Conversion funds save time and money

By Rex Chen
Published: 23:11, April 23rd, 2008

GUANGZHOU (Fund China) – Since this year, investors failed to avoid the slump trend of the stock market, and suffered heavy losses. Withal, the Galaxy Fund stakeholders express, the use of the fund transfer in different risk adjustment between the products, not only avoid risks, but also save money and effort, it can be said to be Serving Many Purposes.

As the “Infamous dollars” of eluding risks, the Fund conversion can protect the interests of investors effectively, it can free convert between the “high and low risk” products, on the basis of guarantee the safety of principal, we can pursuit of long-term and stable income returns.

In addition, at the same time of the successful hedge, fund conversion also enjoy the more time-saving, cost-saving investment. If redemption in accordance with the first to purchase the order, typically five working days, and the choice of the conversion, only two days would suffice.

It is understood that many fund company’s funds can be converted, but to achieve “zero rates” conversion is less, At present, these two Galaxy’s funds are open fund switching business in Bank of China, the Agricultural Bank of China and China Construction Bank. Investors can apply to conducted free conversion in the two funds, to enjoy “zero conversion costs” treatment.

Copyright Fund China 2009.

You Might Like:

  • Near-Term Bust For Emerging Markets?
  • Changsheng Fund layout internationalization
  • Alternative asset allocation: QDII fund
  • Four fund companies buy their own bond funds 390 million yuan
  • Fund index, 3% sharp drop
  • Shanghai to release social security fund details to public
  • Fund Special
  • Fund QDII both opportunities and challenges
  • Investment funds also need to size up the situation
  • Fund QDII big business for them
  • No Responses, Submit Comment

    You must be logged in to post a comment.

    View

    Hedge fund harvest in China fund market

    Total speaking, the hedge fund makes a quite good performance in the China fund market so far even including a part of funds fell down in November...

    QDII funds waiting for the coming year

    QDII funds waiting for the coming yearThere may be much upset, suspicious and expectant for the QDII funds in 2007 fund market....

    10 trends in the fund prospect

    The total fund scale amount will be 20 trillion more or less in 2020 in a neutrally forecast and the following 13 years' compound annual growth rate will reach 16%...

    Special

    Qualified Domestic Institutional Investor (QDII)
    China Southern Fund Management Co., one of the country's three largest fund companies, said it had won approval from regulators to invest clients' money in foreign financial markets. Detail...

    Recent

    Sponsored Links: