The fund cannot be subscribed means that the fund cannot be purchased. The reason that the fund cannot be subscribed may be that the fund is still in a closed period. There are also some funds that cannot be subscribed but can be redeemed. The fund cannot be subscribed sometimes to protect the interests of the holders.

After the subscription period ends, the fund generally needs to enter a closed period. After the fund closed period, if investors apply to purchase open-end fund shares in accordance with the provisions of the fund contract and prospectus, it is customarily called fund subscription to distinguish subscriptions during the issuance period.

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Fund subscription suspension means that the fund is temporarily unable to conduct transactions. Fund subscription suspension will occur under the following circumstances: 1. The fund is in a closed period.