To liquidate/redeem all or a portion of your shares, you must submit a liquidation request. That said, here are a few items to consider:
Timing: We review liquidation requests for most funds on a quarterly basis. Please note that any liquidation requests must be placed by the last business day of the quarter to be reviewed at the end of that quarter.
Fees: The shares you own are intended to be held long-term. The Flagship Fund, the Income Fund, and the Innovation Fund do not charge a penalty for liquidation; however, any eREIT and eFund shares you’ve held for less than five years may be subject to a penalty. Please keep in mind this penalty is paid back to the fund to defray the costs other shareholders bear in creating early liquidity.
Liquidations on our platform are processed on a “First in, first out,” meaning the shares you’ve held for the most amount of time will be liquidated first.
Note: While we make an effort to process all liquidation requests whenever possible, please keep in mind that liquidation requests for all of our funds are subject to certain limitations. For additional information and details please see the relevant offering document for each fund available at fundrise.com/oc.