For investment fund partners, when someone subscribes to a certain fund, they will find that the fund shows suspension of subscription. There are many reasons for the fund to suspend subscription, mainly related to the management of the fund itself. I will give a detailed answer through the following three points:
First, fund products may have to pay dividends.
For some fund products with dividend nature, when the fund products consider dividends, they will generally stop purchasing at least two days in advance. Because it is necessary to confirm the share of fund products and the number of holders before dividends, the latest time is the day before dividends. In order to ensure the accuracy of the holder's share, and to prevent a large number of people from buying in the short term and reducing the income of other investors, the subscription of fund products will generally be suspended before dividends are distributed.
Second, the fund manager may control the size of the fund.
Now is the Internet age. For those popular funds, many investors will flock in, and some will even become online celebrity funds. In order to control the size of the fund and avoid affecting the operation of the fund due to a large number of holdings, the fund manager will choose to suspend the subscription of the fund. Sometimes, the stock held by a fund has exceeded 10% of all sizes, and the fund manager will also suspend the user's subscription in order to adjust the position.
Third, fund managers are warning about risks.
This is very illogical. For fund products, fund managers must hope that the scale of fund products is getting bigger and bigger, because only in this way can they get more management fees. But for those head fund managers with very good performance, they don't want too many leeks to come in when the market is too hot in order to keep their reputation. Fund managers may predict that there may be a huge market reversal in the future. In order to protect the interests of investors, they will decide to suspend the subscription of popular fund products.
To sum up, the above three points are the main reasons why the fund prohibits subscription. You asked about these products because of the adjustment of the fund itself, so you suspended the subscription.