Redemption gate

From ACT Wiki
Revision as of 07:38, 19 June 2016 by imported>Doug Williamson (Add link.)
Jump to navigationJump to search

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.

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


See also