Liquidity fee

From ACT Wiki

Revision as of 11:28, 10 January 2018 by imported>Doug Williamson (Remove start date.)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Jump to navigation Jump to search

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.

See also

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Liquidity_fee&oldid=30468’

Navigation menu