PMCs

Unit-Linked Life Insurance

UK Treasury Bills Fund

Fund aim

The fund aims to provide a low risk, highly liquid portfolio of UK Treasury Bills. Fund performance is shown relative to the benchmark however, the fund does not specifically target SONIA (Sterling Overnight Index Average).

Fund characteristics

The fund provides investors with a convenient and cost-effective facility to purchase UK treasury bills for their cash management requirements. The fund holds UK treasury bills with a maximum term to maturity of 2 months. UK treasury bills are highly liquid and are issued by the UK Debt Management Office (DMO) on behalf of HM Treasury. UK treasury bills assume the sovereign credit rating of the United Kingdom. For efficient cash management the fund may hold shares in the LGIM Sterling Liquidity Fund.

Fund facts

Fund size£12.6m
Base currencyGBP
DomicileUnited Kingdom
Share class launch15/10/08
As at 31 Dec 2023

Reference

SONIA

Performance

Source: LGIM. Performance is reported in GBP based on weekly mid-market prices before the deduction of fees.
Please note that with effect from 30 September 2021 the reference index was amended from 7 Day GBP LIBID. The benchmark displayed in the tables opposite is a composite of the previous index and the current index which have been chain linked for reporting purposes.
Past performance is not a guide to future performance and the value of investments can go down as well as up.
Share class launch date:15 Oct 2008
Reference Index:SONIA
Share class launch date:15 Oct 2008
Reference Index:SONIA
    Share class launch date:15 Oct 2008
    Reference Index:SONIA

    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.

    Literature

    Prices

    Units can be purchased, sold or switched on a designated dealing day. This fund is offered on a weekly close, daily close, or daily midday basis. Further information is available in the relevant operational procedures sheet and the Description of Funds.

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    Monthly price history

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    Please note that a maximum of 10 years price history is available.