What happens if I try to redeem during a lock-in?

If you try to redeem during a lock-in

The platform won't allow you to submit a direct Redemption request during the fund's Holding Period. However, that doesn't necessarily mean your capital is fully locked.

The secondary market option

For most funds, units can be sold on the EVIDENT secondary market — a peer-to-peer marketplace where other investors can buy your units directly. When you attempt to redeem during a lock-in, the platform will offer this as an alternative.

How it differs from direct redemption

• Price is determined by the market, not the fund's NAV — it may be higher or lower
• You depend on finding a buyer, so liquidity isn't guaranteed
• The transfer happens between you and another investor, not back to the fund
• Settlement happens once a match is made, rather than at the next dealing day's NAV

If no buyer is available

If you can't find a buyer on the secondary market, you'll need to wait until the end of the Holding Period to submit a direct redemption. Contact support@evident.capital if your situation is unusual.