"HOLDING PERIOD" is a particular time horizon that must be fulfilled in order to spare investors from paying exit fees once they decide to redeem the shares of a mutual fund.
Each mutual fund has a corresponding holding period per fund. Redeeming your shares before the aforementioned holding period will result in an early redemption fee.
Holding periods start once the order has been completed. If you will add an additional subscription to your existing fund, the holding period will not accumulate. The additional shares bought will have a separate holding period. This means that a new holding period will apply for each time you buy shares.
Check the table below for the Holding Period and Early Redemption fees as of July 2021.
