Buying Alipay funds, some novices will have some things they don't understand. For example, they want to withdraw the money from Alipay, but they can't. Then why can't Alipay funds take out the money? What is the reason? We have prepared relevant contents for your reference.

Reason one: it may be because it belongs to a closed-end fund.

There are closed-end funds and open-end funds. Open-end funds can withdraw at any time, but closed-end funds will have a closed period. If it is closed, it is impossible to redeem the funds, that is, it is impossible to withdraw money. If they want to quit, they can only redeem it when it expires or opens.

So when buying a fund, you should pay attention to it. If you need money in the short term, don't buy a closed-end fund. You can consider more flexible open-end funds. In addition, you should note that new funds generally have a closed period, and there is no past income to refer to. Be careful when buying.

Reason two: the share has not yet been determined.

Generally, when the fund is redeemed, the money will not arrive immediately, but there will be a time to confirm the share. General funds will arrive at t+ 1, and some funds may need to wait a little longer. For details, please refer to the detailed introduction of the fund, which will generally be explained. If this is the case, don't worry too much. When the general share is determined, the money will arrive, and it will be fine in a few days.