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Redemption of funds Why funds are frozen may be these reasons.
Under normal circumstances, if you don't want to continue investing in a fund, you will often choose to redeem the fund. After the fund submits the redemption application, you need to confirm the redemption share of the fund. After confirming the share, you will calculate the redemption amount according to the net value of the fund, and often the funds will arrive within 2-3 working days. Then why is there a freezing of funds when the fund is redeemed? Let's get to know each other.

Fund Redemption Why is the fund frozen?

1 It may be because the fund is closed and the closed fund cannot be redeemed. Even if an investor submits a redemption application, it will prompt that the fund is frozen and cannot be redeemed.

2 After the investor successfully submits the application for fund redemption, the part of the redemption share of the investor will be frozen until the fund company completes liquidation. The funds are frozen because they are still in liquidation and will be thawed after liquidation.

Under normal circumstances, funds will not be frozen for no reason. There's a reason to be frozen. If you really don't know the reason, you can call the fund company's customer service telephone consultation. If you buy on a third-party platform, you can also call the customer service of a third-party company for consultation.

If the fund funds are frozen, you must consult the fund company to understand clearly, so as not to cause losses to personal funds.