---
title: "Fund Subscription and Redemption Rules"
description: "Learn about subscription and redemption rules for funds, including trading amounts, cut-off times, and order cancellation guidelines. Ensure smooth fund transactions."
slug: "fundrules"
locale: "en"
region: "sg"
region_label: "Singapore"
url: "https://longbridge.com/sg/en/support/topics/Fund/fundrules.md"
updated_at: "2025-11-24T09:35:16.000Z"
category: "Fund"
category_title: "Fund trading"
references:
  related:
    - title: "Understanding Fund Types"
      url: "https://longbridge.com/sg/en/support/topics/fundtrading/fundtypes.md"
    - title: "Understanding fund-related concepts"
      url: "https://longbridge.com/sg/en/support/topics/fundtrading/fundterminology.md"
    - title: "Fund FAQs"
      url: "https://longbridge.com/sg/en/support/topics/fundtrading/faqs.md"
    - title: "Fund Fee Rules"
      url: "https://longbridge.com/sg/en/support/topics/fundtrading/fundtradingfees.md"
---

# Fund Subscription and Redemption Rules

[Table of Contents](https://longbridge.com/sg/en/support/toc.md)

Fund transactions are processed based on the trading day (T day), with 12:00 as the cutoff. Units purchased before the cutoff will be confirmed within T+4. Proceeds from fund redemptions may take up to 7 trading days to be credited to your account. Specific rules and amount limits are subject to the product details.

## 1\. Subscription Rules

#### Subscription Process

![](https://pub.pbkrs.com/uploads/2025/139359f27dd6935dd8102c08122d6550)

**Note**: T day refers to the trading day. The cut-off time is 12:00 daily. T (not including 12:00) refers to the time before 12:00 (not inclusive), while T+1 refers to the time after 12:00 (inclusive). Weekends and statutory holidays (subject to the country in which the fund is located) are non-trading days.

#### Trading Amount

The **minimum initial purchase amount** and **subsequent investment amount** can be found in the Longbridge app > "Market" > "Fund" tab > select your preferred Fund > "Trading Rules" > "Buy" tab.

#### Rules for Canceling Orders

-   Existing orders can be cancelled before 12:00 noon on T day
-   Existing orders cannot be cancelled after 12:00 noon on T day.   
    You must first wait for the units to be confirmed; whereupon, you may request to sell on the second trading day after confirmation of the purchase has been completed.

## 2\. Redemption Rules

#### Redemption Process

![](https://pub.pbkrs.com/uploads/2025/a5c86407a7c4151eda479554255f8b29)

**Note**: T day refers to the trading day. The cut-off time is 12:00 noon daily SGT. T (not including 12:00) refers to the time before 12:00 noon (not inclusive), while T+1 refers to the time after 12:00 noon (inclusive). Weekends and statutory holidays (subject to the country in which the fund is located) are non-trading days.

#### Trading Amount

The **minimum holding unit** and **minimum redemption unit (units to be sold)** can be found in the Longbridge app > "Market" > "Fund" tab > select your preferred Fund > "Trading Rules" > "Sell" tab.

#### Rules for Canceling Orders

Order withdrawal requests may be made on the Fund Trading History page in the app.

**Key takeaways**:

-   Purchase rules
    -   **Cut-off time**: Place an order before 12:00 (exclusive) on the trading day (T day) .
    -   **Unit confirmation:** Units are confirmed on T+4 (postponed for non-trading days).
    -   **View returns**: Estimated T+5
    -   **Cancellation**: Existing orders can be cancelled before 12:00 noon on T day.
-   Selling rules
    -   **Cut-off time:** Place the sell order before 12:00 on T day.
    -   **Funds arrival**: Funds arrive within 7 trading days after net worth confirmation (net worth confirmed on T+1).
    -   **Cancellation**: Order withdrawal requests may be made on the Fund Trading History page in the app.

**Disclosures**

*This article is for reference only and does not constitute any investment advice.*

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice. Content provided by [Longbridge](https://longbridge.com).