High frequency (HF) ac linked converter functions well to interface between buses with different voltage types. Using a three-phase-to-single-phase matrix converter, a single-phase cyclo converter, and a HF transformer, we can compose a HF ac linked converter to interface between three-phase ac grids and single-phase ac or dc distributed generations (DGs). In this paper, a novel space vector modulation (SVM) method is proposed for such kind of converter. The proposed SVM method converts the mains three-phase ac voltage to a HF ac voltage at the primary side of transformer, and then unfolds the HF ac voltage to a single-phase ac or dc voltage at the secondary side of transformer. Without need to compute separate switching signals for the primary and secondary converters and then coordinate their operations elaborately, the proposed SVM method can be easily implemented by incorporating the HF chopping into the SVM of traditional indirect matrix converter. Therefore, no complicated duty cycle computation or elaborate switching states combination is required. Simulation and hardware-in-loop implementation demonstrate the validity of the proposed method.