Hi All --
I've been looking at a few interval funds as a way to get a bit of exposure to private credit. I am concerned, however, about long-term liquidity, by which I do not mean standard fund / ETF liquidity, but whether or not I'd be able to cash out my entire position over a long time period.
The way that many I/F literature reads (probably to cover their bases) is that there is no guarantee you would ever be able to sell your position. Of course, you could lose 100% in a mutual fund as well, but the lanugate in I/F documents reads differenlty to me.
I would be interested to hear of the communities' experiences (good or bad) and caveats regarding investing in interval funds.
Gracias.
Shosty
Comments
https://ybbpersonalfinance.proboards.com/post/861/thread
You have only limited liquidity, say, 5% per quarter. Wrapper is good for illiquid stuff. IFs don't trade & NAV may not be posted daily.