Swing Pricing and Fragility in Open-end Mutual Funds /

How to prevent runs on open-end mutual funds? In recent years, markets have observed an innovation that changed the way open-end funds are priced. Alternative pricing rules (known as swing pricing) adjust funds' net asset values to pass on funds' trading costs to transacting shareholders....

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Jin, Dunhong
Muut tekijät: Kacperczyk, Marcin, Kahraman, Bige, Suntheim, Felix
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2019.
Sarja:IMF Working Papers; Working Paper ; No. 2019/227
Linkit:Full text available on IMF