Collectives

LGIM Liquidity Funds plc (UCITS compliant)

LGIM Sterling Liquidity Plus Fund

4-Class GBP Accumulation

ISINIE00BYYCC701

Price

Fund aim

To preserve capital and to generate income.

Fund snapshot

  • What does it invest in? Invests in short-term assets which are issued by governments, high quality banks and companies which are issued in sterling or hedged back to sterling.
  • How does it invest? Actively managed, investing in money market instruments including certificates of deposit, commercial paper and treasury bills. May also invest in fixed and floating rate securities, open ended funds and deposits.
  • Does it promote sustainability characteristics? The Fund promotes a range of environmental and social characteristics. Further information on how such characteristics are met by the Fund can be found in the Supplement.

Fund ratings

In addition to LGIM’s risk management oversight, the Fund is rated by the following agencies:

FitchAAAf/S1

Fund facts

Fund size£2,856.7m
Base currencyGBP
Fund launch date6 Sep 2016
DomicileIreland
Share class launch6 Sep 2016
Weighted average maturity94 days
Weighted average final maturity327 days
As at 31 Jan 2024

Benchmark

Sterling Overnight Index Average

Costs

Initial charge0.00%
Ongoing charges figure0.15%
Dilution levy0.09% - round trip

Performance

Performance for the 4 unit class in GBP, launched on 06 September 2016. Source: Lipper. Performance is gross of fees and assumes that all income generated by the investments, before deduction of tax, remains in the fund.
Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past. The tables and charts above shows the fund's performance as the percentage loss or gain per year over the last 10 years.
Share class launch date:06 Sep 2016
Benchmark:SONIA
Share class launch date:06 Sep 2016
Benchmark:SONIA
    Share class launch date:06 Sep 2016
    Benchmark:SONIA

    Portfolio breakdown

    As at 31 Jan 2024

    Top 10 issuers47.9%
    Rest of portfolio52.1%

    Top 10 issuers (%)

    LGIM Sterling Liquidity Fund9.7
    Toronto Dominion Bank4.6
    BNP Paribas4.5
    Bank of Nova Scotia4.5
    Lloyds Banking Group4.4
    Royal Bank of Canada4.3
    National Westminster Bank4.1
    Canadian Imperial Bank4.1
    National Australia Bank3.9
    BFCM3.8

    Asset (%)

    Certificate of Deposit
    38.4
    Floating Rate Notes
    37.0
    Commercial Paper
    12.2
    Liquidity Fund
    9.8
    Deposit (Overnight)
    2.5

    All data source LGIM unless otherwise stated. Totals may not sum due to rounding.

    Fund managers

    Liquidity Management

    Liquidity Management (within Global Trading and Liquidity) forms a strategic part of our asset management capability incorporating liquidity and short duration portfolios as well as securities financing.

    Sustainability

    SFDR categorisation

    Environmental characteristics
    Social characteristics

    No reference benchmark has been designated for the purpose of attaining the environmental or social characteristics promoted by the Fund.

    Whilst environmental and social characteristics are promoted through the application of the sustainability-related investment strategy, investors are reminded that these environmental and social characteristics are not sustainable investment objectives.

    Literature

    Prices

    Pricing information

    Price basisSingle - dilution levy
    Price time16:00 Irish time
    CurrencyGBP
    Monthly price history

    Codes and dealing

    Codes

    ISINIE00BYYCC701
    SEDOL-
    BloombergLGLIP4G ID
    MEX-

    Dealing information

    Valuation frequencyDaily, 16:00 Irish time
    Dealing frequencyEach Business Day
    Settlement periodT+2

    Country registration

    This share class is registered for sale in the following countries:

    Ireland
    United Kingdom