Redemption gate: Difference between revisions
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''Money market funds.'' | |||
A closed period which can be imposed by the board of a money market fund under times of market stress, in order to reduce the risk of a run on the fund. | A closed period which can be imposed by the board of a money market fund under times of market stress, in order to reduce the risk of a run on the fund. | ||
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* [[Run]] | * [[Run]] | ||
* [[Variable net asset value]] | * [[Variable net asset value]] | ||
[[Category:Financial_products_and_markets]] | |||
Revision as of 16:01, 19 April 2019
Money market funds.
A closed period which can be imposed by the board of a money market fund under times of market stress, in order to reduce the risk of a run on the fund.
No redemptions would be allowed during the period of the redemption gate.
