LGIM US Dollar Liquidity Fund
LGIM Liquidity Funds plc (UCITS compliant)
LGIM US Dollar Liquidity Fund
1-Class USD
ISINIE00B3ZKBR99
ISINIE00B3ZKBR99
Fund aim
To provide capital stability and a return in line with money market rates whilst providing daily access to liquidity and providing an income. The Fund seeks to maintain a AAA rating, which is the highest fund rating available.
Fund snapshot
- What does it invest in? Invests in short-term, US dollar based assets which are issued by governments, high quality banks and companies.
- How does it invest? Actively managed, investing in deposits, short-term debt securities and money market instruments that mature within 397 days and have been awarded one of the two highest available short-term credit ratings by each recognised credit rating agency. May also invest in eligible short-term securitisations.
- 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:
| S&P | AAAm |
| Moody's | Aaa-mf |
| Fitch | AAAmmf |
Fund facts
| Fund size | $3,283.3m |
| Base currency | USD |
| Fund launch date | 21 Sep 2011 |
| Domicile | Ireland |
| Share class launch | 21 Sep 2011 |
| Weighted average maturity | 42 days |
| Weighted average final maturity | 47 days |
| Daily yield* | 5.49% |
| *As at 07 Mar 2024 |
Benchmark
Secured Overnight Financing Rate
Costs
| Initial charge | 0.00% |
| Ongoing charges figure | 0.02% |
Performance scenarios
Example investment:10,000 USD
| Scenarios | (Recommended holding period) 0.01 years | ||
|---|---|---|---|
| Minimum | There is no minimum guaranteed return. You could lose some or all of your investment. | ||
| Stress scenario | What you might get back after costs | 10,000USD | |
| Unfavourable scenario | 10,000 | ||
| Moderate scenario | What you might get back after costs | 10,000USD | |
| Favourable scenario | 10,000 | ||
There is no minimum guaranteed return. You could lose some or all of your investment.
Portfolio breakdown
As at 31 Jan 2024
| Top 10 issuers | 42.6% |
|---|---|
| Rest of portfolio | 57.4% |
Top 10 issuers (%)
| United States Treasury* | 6.1 |
| BRED Banque Populaire | 6.1 |
| Australia & New Zealand Banking Group | 6.1 |
| Credit Agricole SA | 4.0 |
| KBC Bank NV | 3.8 |
| Bank of Montreal | 3.8 |
| Sumitomo Mitsui Banking Corp | 3.3 |
| Sumitomo Mitsui Trust Bank | 3.3 |
| BFCM | 3.2 |
| EAA | 3.0 |
Asset (%)
Certificate of Deposit | 38.5 |
Commercial Paper | 30.0 |
Deposit (Overnight) | 22.1 |
Repurchase Agreement | 6.3 |
Floating Rate Notes | 3.1 |
| Top 10 issuers | 42.6% |
|---|---|
| Rest of portfolio | 57.4% |
Top 10 issuers (%)
| United States Treasury* | 6.1 |
| BRED Banque Populaire | 6.1 |
| Australia & New Zealand Banking Group | 6.1 |
| Credit Agricole SA | 4.0 |
| KBC Bank NV | 3.8 |
| Bank of Montreal | 3.8 |
| Sumitomo Mitsui Banking Corp | 3.3 |
| Sumitomo Mitsui Trust Bank | 3.3 |
| BFCM | 3.2 |
| EAA | 3.0 |
Asset (%)
Certificate of Deposit | 38.5 |
Commercial Paper | 30.0 |
Deposit (Overnight) | 22.1 |
Repurchase Agreement | 6.3 |
Floating Rate Notes | 3.1 |
Credit rating (%)
| AAA | 4.7 | |
| AA+ | 3.1 | |
| AA | 4.7 | |
| AA- | 23.5 | |
| A+ | 34.7 | |
| A | 29.3 |
Country (%)
France | 19.0 |
Japan | 12.3 |
Australia | 10.0 |
Netherlands | 8.6 |
Canada | 8.2 |
United States | 7.0 |
Belgium | 6.7 |
United Kingdom | 6.4 |
Germany | 6.3 |
Other | 15.6 |
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
Article 8
Environmental characteristics
Social characteristicsNo 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.
Environmental characteristicsSocial characteristicsNo 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.
The Fund seeks to implement LGIM’s Responsible Investment Framework which aims to provide a consistent and systematic approach to exclusions, refined criteria and thresholds for setting environmental and social characteristics with a defined terminology and approach to support the implementation of such characteristics across the financial products managed by LGIM.
The Responsible Investment Framework sets out the various types of investment strategies that LGIM’s financial products can follow and the responsible investing methodologies that explain how such investment strategies are defined and implemented.
The Fund follows the following sustainability-related investment strategy:
LGIM’s Future World Protection List
LGIM’s Climate Impact Pledge
ESG Factor EvaluationTaxonomy
Sustainable InvestmentsPrincipal Adverse ImpactsLiterature
Document type
Prices
Pricing information
| Price basis | Single - mid |
| Price time | 17:00 Irish time |
| Currency | USD |
Download full price history
Codes and dealing
Codes
| ISIN | IE00B3ZKBR99 |
| SEDOL | - |
| Bloomberg | LGUSLI1 ID |
| MEX | - |
Dealing information
| Valuation frequency | Daily, 17:00 Irish time |
| Dealing frequency | Each Business Day |
| Settlement period | T+0 |
Country registration
This share class is registered for sale in the following countries:
