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SSRNTrading, Microstructure & Execution

Liquidity Fees in Open-End Mutual Funds: Theory and Evidence

A theoretical model indicates that liquidity management tools are essential in reducing redemption pressures and maintaining market stability, with liquidity fees increasing redemption incentives and exit risks.

Featured in No. 79 on 18 Dec 2024 · 1 day after release · 0 citations today

Released
17 Dec 2024
First featured
No. 79 · 18 Dec 2024
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Identifier
SSRN 5059805

Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).

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