Liquidity fee: Difference between revisions
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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. | |||
Revision as of 11:28, 10 January 2018
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.
