Fund Operations
Redemption Suspension
Definition
What is Redemption Suspension?
A temporary halt to fund redemptions under exceptional conditions allowed by governing documents.
Example in practice
How This Looks in Practice
The fund suspends redemptions because key markets are closed and assets cannot be valued fairly.
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Related Terms
Fund Operations
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The specified time at which a fund values its assets and calculates dealing prices.
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A fund-pricing method under which orders receive a price calculated after the instruction is accepted.
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A debt security through which an investor lends money to an issuer in return for promised payments.