Liquidity fee
From ACT Wiki
Money market funds.
A liquidity fee is a fee which can be levied by the board of a money market fund on redemptions under times of market stress, in order to reduce the risk of a run on the fund.
Money market funds.
A liquidity fee is a fee which can be levied by the board of a money market fund on redemptions under times of market stress, in order to reduce the risk of a run on the fund.