No, you can choose to withdraw your money at any time, at no cost. It usually takes 1-2 business days to withdraw your money.
If you elect for Coronation to collect the investment amount from your bank account by way of a once off debit order (electronic collection), we will apply a restriction on your ability to withdraw these funds for the first 40 days as debit orders can be reversed within 40 days. If you elect to do an EFT, there is a 14 day clearance period. This protects both you and us from fraud.