Anti-dilution levies are a fee that is paid to the fund by a unitholder or shareholder at the time of a subscription, repurchase or redemption of units or shares that compensates the fund for the cost of liquidity incurred because of the size of that transaction and that ensures that other unitholders or shareholders are not unfairly disadvantaged.

Dual pricing means a predetermined mechanism by which the subscription, repurchase and redemption prices of the units or shares of an investment fund are set by adjusting the net asset value per unit or share by a factor that reflects the cost of liquidity.

The extension of notice periods means extending the period of notice that unitholders or shareholders must give to fund managers, beyond a minimum period which is appropriate to the fund, when redeeming their units or shares.

Redemption fee means a fee, within a predetermined range that takes account of the cost of liquidity, that is paid to the fund by unitholders or shareholders when redeeming units or shares and that ensures that unit-holders or shareholders who remain in the fund are not unfairly disadvantaged.

A redemption gate means a temporary and partial restriction of the right of unit-holders or shareholders to redeem their units or shares, so that investors can only redeem a certain portion of their units or shares.

Redemption in kind means transferring assets held by the fund, instead of cash, to meet redemption requests of unitholders or shareholders. Redemptions in kind can only be utilised to meet redemptions requested by professional investors and, as a main rule, only if the redemption in kind corresponds to a pro rata share of the assets held by an AIF.

Side pockets means separating assets, whose economic or legal features have changed significantly or become uncertain due to exceptional circumstances, from the other assets of the fund. An option to utilise side pockets does not count towards the required two LMTs managers must put in place for each fund.

Suspension of subscriptions, repurchases and redemptions means temporarily disallowing the subscription, repurchase and redemption of the fund's units or shares. An option to suspend the fund does not count towards the required two LMTs managers must put in place for each fund.

Swing pricing means a predetermined mechanism by which the net asset value of the units or shares of an investment fund is adjusted by the application of a factor – a "swing factor" – that reflects the cost of liquidity.