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Why did the fund stop subscription on Saturday and Sunday?
Although the fund is closed on Saturday and Sunday, investors can purchase and redeem it. When the fund is suspended, investors cannot apply for redemption on Saturday and Sunday.

Generally speaking, the following circumstances will lead to suspension of trading:

1, delisting

When the asset scale is less than 50 million yuan or the number of holders is less than 200, it will be permanently suspended, which is actually a delisting. Generally, after the liquidation, the fund shares held by investors will be converted into cash according to the net value before liquidation, and returned to investors after deducting the liquidation expenses.

2. Major events are suspended

Due to the planning of major events, which may constitute a major asset restructuring, the fund company will issue a corresponding suspension announcement if it is suspended for a period of time.

3. Temporarily stop trading

There is a big premium in the transaction price of the secondary market, and the transaction price obviously deviates from the net value of the fund share on the previous valuation date.