To preserve capital whilst aiming to provide a return in line with prevailing short term money market rates (7 Day GBP LIBID has been chosen as a proxy, for comparison purposes only, for the return on short term money market rates). To achieve this objective, the assets of the Fund are invested with the principle of risk diversification predominantly in fixed and floating Sterling denominated Money Market Instruments and in deposits with credit institutions, including but not limited to, fixed-term deposits at financial institutions, certificates of deposit, commercial paper, medium-term notes, short-term treasury bills, floating rate notes, asset backed securities, ABCPs, call and notice accounts. The Fund is actively managed. The Fund's investment in securities is limited to those with a residual maturity not exceeding 397 days. The Fund's investment has a WAM that does not exceed 60 days and a WAL that does not exceed 120 days. In addition, the Management Company and the Investment Manager will solicit external rating and seek to obtain and maintain an AAAm or equivalent external credit rating assigned by at least one ratings agency.
Fees and Expenses
Fund's portfolio distribution among the different geographical areas.
|United States of America||2,23%|
Fund's investments distribution.
|Mizuho Corporate Bank Ltd Time/term Deposit||5,96%|
|Sumitomo Mitsui Banking Corp Time/term Deposit||4,55%|
|Barclays Bank Uk Plc .435% 01-mar-2022||3,90%|
|Bred Banque Populaire Sa Time/term Deposit||3,89%|
|Royal Bank Of Canada Reverse Repo||3,41%|
|Dbs Bank Ltd Time/term Deposit||2,63%|
|National Australia Bank Ltd Reverse Repo||2,60%|
|Sumitomo Mitsui Trust Bank Ltd Time/term Deposit||2,36%|
|Standard Chartered Bank 0% 02-mar-2022||1,62%|
Fund's possitions distribution by the sdctor they belong to.