Market Value & Liquidity

Fund structure plays an important part in the performance of credit funds. A well-structured fund supports pricing transparency, liquidity and fairness for unitholders.

In this paper, Richard Quin outlines the key structural features that should be incorporated into in an open-ended credit investment fund.

This paper was written to help investors make informed choices when comparing credit funds, and to understand the risks and the protections that can exist within fund structures.