What is the sudden inability to buy and sell funds?
The so-called sudden inability to buy or sell funds means that the fund has suspended trading, and it is not allowed to purchase or redeem the fund during the suspension of trading. There are many reasons why funds cannot be bought and sold suddenly, as follows:
1 The fund is in a closed period or an open period, and the initial fund has a certain closed period. After the fund enters the closed period, it cannot be purchased and redeemed; Closed-end funds have designated open days.
When the fund enters the dividend stage, the subscription of the fund will also be suspended.
During holidays, the fund company will suspend the subscription and redemption of funds. Even if users can submit applications for purchasing or redeeming funds through some channels, they will do so on working days.
4 The temporary suspension of trading of funds and temporary suspension of trading are often measures taken by regulators to maintain market order.
The scale of the fund is growing rapidly, and the subscription of the fund will be suspended in order to control the scale.
In fund financing, once the fund is suspended, the fund company will make relevant announcements and explain the reasons for the suspension. Investors can understand the reasons for the suspension of fund trading by checking the announcement of fund trading suspension, so as to make timely investment changes.
The suspension of fund trading does not mean that there is a problem with the fund. In many cases, the trading rules of funds may have changed. In this case, investors just need to calm down. When conducting fund financing, it is still helpful to check the announcements of fund companies regularly, so that you can know the situation of the fund in time.