Make good use of fund conversion to achieve early redemption

by rkcms on 2008-05-12 22:42:07

Since the stamp tax was cut, the rebound of the market has exceeded 20%. However, the recent volatile market conditions have made many fund investors anxious again. How can stock funds that are deeply trapped by more than 40% be freed? Many fund investors are thinking about converting the stock funds they hold into bond funds or money market funds, and patiently wait until the market falls deeply to buy back the stock funds. By doing a few rounds like this, it might be possible to not only free themselves from being trapped but even make a profit. If they just stick to holding, they don't know when they will be able to break even! The reporter learned that many fund companies have launched conversion functions for their funds, and the fees are relatively favorable. However, experts have given different opinions on whether it is suitable to convert now.