The main reasons why funds restrict subscriptions: 1. The fund size increases too quickly (large fund sizes are difficult to manage); 2. Before long holidays (monetary funds generally suspend subscriptions before long holidays); 3. Fund holdings The stocks are undergoing asset reorganization or equity split reform (which will have a greater impact on the net value of the fund); 4. Other situations.

Fund subscription restrictions are generally for the long-term and stable development of the fund. Generally, funds have fewer restrictions on subscription.