Liquidity fee: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create the page. Source: The Treasurer, June 2016, p37.) |
imported>Doug Williamson (Remove start date.) |
||
| (2 intermediate revisions by the same user not shown) | |||
| Line 1: | Line 1: | ||
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 == | == See also == | ||
* [[Liquidity]] | |||
* [[Money market fund]] | * [[Money market fund]] | ||
* [[Redemption gate]] | * [[Redemption gate]] | ||
* [[Run]] | |||
* [[Variable net asset value]] | * [[Variable net asset value]] | ||
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.
