Enhanced cash returns
This fund is designed for investors with stable cash balances who are willing to trade a modest amount of interest rate sensitivity for the potential of more performance.
The fund sits between a liquidity fund and a short-dated bond fund. It invests in money market instruments with a maximum maturity of 360 days.
This actively managed OEIC fund is the first to achieve Moody’s Short Term Fund rating in Europe and was also awarded the Aaa rating for credit quality.
Investment parameters
- Maximum 5% investment in securities of any single credit (subject to UCITS guidelines)
- Maximum 360 day weighted average maturity
- 1-month LIBID benchmark
- Trade plus 2 day access
Benefits
- Can take advantage of interest rate movements by trading in money market instruments
- Trades on interest rate sensitivity for greater potential returns
- Outsourcing eases administration
- External custodian provides additional security
- Outsourcing eases administration
Ratings
- Aaa/MR1 (Moody's)
- AAA/V1 (Fitch)
- AAAf (Standard & Poor's)