Holding period
A Holding Period (sometimes called a Lock-In) is a minimum length of time between when you subscribe to a fund and when you can redeem your units back to the fund.
Why it exists
Open-ended funds need stable capital to invest. If investors could redeem the day after subscribing, the fund would be unable to make medium-term investments — the assets backing the fund would have to be sold at short notice, often at unfavourable prices, to meet redemptions.
Typical durations
The exact lock-in varies by fund. Common values range from 30 days for liquid strategies to 12+ months for less-liquid private credit or PE funds. The specific holding period for each fund is shown on the asset page and in the offering documents.
What if you need liquidity sooner
If you try to redeem during the lock-in period, the platform may redirect you to the secondary market, where you may be able to sell your units to another investor at a market-determined price. See the related article on redeeming during a lock-in.
