How does liquidity work in an LTAF?

Liquidity management has been a key focus in the development of LTAFs. There are robust rules that govern this product ensuring investors can redeem their holdings at a price related to the value of the fund’s assets. The rules clearly dictate the parameters of liquidity mechanisms the LTAF manager employs, and the frequency at which redemptions are offered. Read more for a closer look at these mechanisms and how they work in practice.