Redemption gate: Difference between revisions

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imported>Doug Williamson
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With effect from October 2016, a closed period which can be imposed by the board of a money market fund under times of market stress, in order to reduce the risk of a run on the fund.
''Money market funds.''
 
A closed period which can be imposed by the board of a money market fund under times of market stress, in order to reduce the risk of a run on the fund.


No redemptions would be allowed during the period of the redemption gate.
No redemptions would be allowed during the period of the redemption gate.
Also known as a ''liquidity gate.''




== See also ==
== See also ==
* [[Liquidity buffer]]
* [[Liquidity fee]]
* [[Liquidity fee]]
* [[Money market fund]]
* [[Money market fund]]
* [[Redemption]]
* [[Run]]
* [[Variable net asset value]]
* [[Variable net asset value]]
[[Category:Financial_products_and_markets]]

Latest revision as of 19:19, 9 July 2022

Money market funds.

A closed period which can be imposed by the board of a money market fund under times of market stress, in order to reduce the risk of a run on the fund.

No redemptions would be allowed during the period of the redemption gate.


Also known as a liquidity gate.


See also