Redemption gate: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create the page. Source: The Treasurer, June 2016, p37.) |
imported>Doug Williamson (Add links.) |
||
(4 intermediate revisions by the same user not shown) | |||
Line 1: | Line 1: | ||
''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. | No redemptions would be allowed during the period of the redemption gate. | ||
Also known as a ''liquidity gate.'' | |||
== See also == | == See also == | ||
* [[Liquidity buffer]] | |||
* [[Liquidity fee]] | * [[Liquidity fee]] | ||
* [[Money market fund]] | * [[Money market fund]] | ||
* [[Redemption]] | |||
* [[Run]] | |||
* [[Variable net asset value]] | * [[Variable net asset value]] | ||
[[Category:Financial_products_and_markets]] |
Latest revision as of 19:19, 9 July 2022
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.
Also known as a liquidity gate.