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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 2008.

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