If the fund company actively restricts purchases, the common reasons are as follows:

1, the fund scale is growing too fast, so it is necessary to control the scale of a fund product. Its scale, liquidity and profitability restrict each other to some extent. As the saying goes, "a small boat is easy to turn around", when we want a fund to adjust its position more flexibly, it often means that the scale of the fund cannot be too large. On the contrary, if the fund scale is too large, it may have an impact on its liquidity and profitability.

Every fund manager has his own ability circle, and the number of stocks they are optimistic about is limited. The product scale is too large, so it is possible that they can't find a suitable target investment in a short time. Restricting subscription and controlling scale can enable fund managers to manage funds at their own pace.

2. Another common reason for avoiding investors' short-term heavy buying is that fund managers think that the current market position is relatively high, and the valuation of the industry they invest in is relatively high, which is not suitable for new funds to buy heavy positions, so they implement purchase restrictions to prevent investors from chasing up sharply and avoid heavy positions.

Restricted purchase means that the fund manager is actively controlling the scale, keeping the investment within the fund manager's ability circle, or giving investors appropriate risk warnings. From these two perspectives, the purchase restriction is also a way for the fund to be responsible and protect the people.

3. Limited by QDII quota In addition to the above-mentioned active purchase restriction, there is a special reason for the purchase restriction, that is, due to the limitation of foreign exchange quota, it has to be restricted. This situation generally appears in QDII funds.

According to the national foreign exchange management system, there is not only a limit of $50,000 for individuals to purchase foreign exchange, but also a limit for fund companies to invest in overseas markets. When everyone is optimistic about overseas markets and wants to invest through QDII funds, once the fund company's quota is bought out, it is necessary to limit the subscription or even suspend the subscription of the fund.

Based on the above three points, we know that in the face of purchase restriction, we don't need to worry too much, and we don't need to rush to redeem the product. You can analyze the reasons for the purchase restriction first. If the market is really high, you can properly control the position, but if it is for other harmless reasons, just keep a normal heart.