Liquidity fee: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add link.) |
||
Line 3: | Line 3: | ||
== See also == | == See also == | ||
* [[Liquidity]] | |||
* [[Money market fund]] | * [[Money market fund]] | ||
* [[Redemption gate]] | * [[Redemption gate]] | ||
* [[Run]] | * [[Run]] | ||
* [[Variable net asset value]] | * [[Variable net asset value]] |
Revision as of 07:38, 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.