Assertion: fund's asset value | /r/HasProperty | current net
Facets:
Source sentences:
text: 22e-3 Exempts a money market fund from section 22(e) permitting the fund to suspend redemptions and postpone payment of redemption proceeds in an orderly liquidation of the fund if, subject to other requirements, the fund’s board determines that the deviation between the fund’s amortized cost per share and its current net asset value per share may result in material dilution or other unfair results to investors or existing shareholders.
text: Mutual funds have a floating number of issued shares and sell or redeem their shares at their current net asset value by selling them back to the fund or the broker acting for the fund.