term of redemption

As a long-term institutional investor, the Utah retirement systems document argues that "managers should smooth maximum allowable redemption pressure over a long period of time to ensure that the liquidity risk premium is not subsidised by long-term investors".

作为一位长线机构投资者，utah retirement systems的文件辩称，“基金经理应在长时期内抚平允许进行的最大赎回压力，以确保长线投资者不会使流动性风险溢价下降”。

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Even those with their money in apparently solid banks, including those controlled by west European banking groups, are concerned because the central bank has banned the early redemption of term deposits, the most popular form of saving in Ukraine.

即使把资金放在明显稳健的银行&包括西欧银行集团控制的银行，人们也仍然担心，因为乌克兰央行已明令禁止提前提取定期存款。在乌克兰，定期存款是最受欢迎的储蓄形式。

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That most likely means using a no-load mutual fund that allows for lots of short-term trades without charging redemption fees.

在这种情况下，投资者最理想的选择无疑是那些允许短期交易，不收取赎回费用的指数基金。

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