Assertion: fund's director | /r/CapableOf | adopt a repurchase policy
Facets:
value: in order to assure adequate liquidity of investments
type: PURPOSE
value: for portfolio management
type: PURPOSE
Source sentences:
text: Rule 23c-3 (permitting the operation of an interval fund by enabling a closed-end fund to repurchase shares from investors, if the directors adopt a repurchase policy for the fund and review fund operations and portfolio management in order to assure adequate liquidity of investments to satisfy repurchase payments).