Liquidity fee: Difference between revisions
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imported>Doug Williamson (Create the page. Source: The Treasurer, June 2016, p37.) |
imported>Doug Williamson (Add link.) |
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* [[Money market fund]] | * [[Money market fund]] | ||
* [[Redemption gate]] | * [[Redemption gate]] | ||
* [[Run]] | |||
* [[Variable net asset value]] | * [[Variable net asset value]] | ||
Revision as of 07:37, 19 June 2016
With effect from October 2016, 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.
