The time periods that investors cannot withdraw their capital are:

A. notice periods
B. lockup periods
C. frozen periods

Correct Answer: B

A lock-up period is a window of time when investors are not allowed to redeem or sell shares of a particular investment. A notice period can effectively lock up an investor's funds until the second closest redemption date if the investor misses the deadline to apply for the nearest redemption. Gate provisions limit withdrawals per month (quarter) as a proportion of NAV.