Collectives

LGIM Liquidity Funds plc (UCITS compliant)

LGIM Sterling Liquidity Plus Fund

5-Class GBP Distribution

ISINIE00BYYCC818

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 launch18 Nov 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 5 unit class in GBP, launched on 18 November 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:18 Nov 2016
Benchmark:SONIA
Share class launch date:18 Nov 2016
Benchmark:SONIA
    Share class launch date:18 Nov 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

    SFDR Product Summary

    LGIME PAI entity report

    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

    Download full price history

    Codes and dealing

    Codes

    ISINIE00BYYCC818
    SEDOL-
    BloombergLGLIP5G 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

    For valuations and account queries contact:

    Legal & General (Unit Trust Managers) Limited
    PO Box 6080
    Wolverhampton
    WV1 9RB
    Telephone: 0370 050 0955
    Email: investments@landg.com

    Legal & General ICAV
    LGIM Liquidity Funds Plc
    Northern Trust International Fund Administration Services (Ireland) Limited
    City East Plaza - Block A
    Towlerton
    Ballysimon Road
    Limerick
    Ireland
    V94 X2N9
    Fax: +353 1 434 5293
    Telephone: +353 1 434 5080
    Email: LGIM_ta_queries@ntrs.com

    Legal & General SICAV
    Northern Trust Global Services SE
    10 Rue du Château d'Eau
    L-3364 Leudelange
    Grand-Duché de Luxembourg
    Fax: +352 28 294 454
    Telephone: +352 28 294 123
    Email: LGIM-TA-LUX@ntrs.com

    Important information

    This information is intended for investment professionals only and is for information purposes only. It should not be distributed without our permission.

    No investment decisions should be made without first reviewing the key investor information document and prospectus (and any supplements thereto) of the relevant product which includes information on certain risks associated with an investment.

    Unless otherwise agreed in writing, the Information on this website (a) is for information purposes only and we are not soliciting any action based on it, and (b) is not a recommendation to buy or sell securities or pursue a particular investment strategy; and (c) is not investment, legal, regulatory or tax advice. Any trading or investment decisions taken by you should be based on your own analysis and judgment (and/or that of your professional advisers) and not in reliance on us or the Information.

    This information is only directed at investors resident in jurisdictions where each fund is registered for sale. It is not an offer or invitation to persons outside of those jurisdictions. We reserve the right to reject any applications from outside of such jurisdictions.

    All information detailed on this website is current at the time of publication and may be changed in the future.

    Following the imposition of sanctions on Russian securities and assets being removed from indices the market has been effectively frozen for foreign investors and all equity positions have been marked to zero in line with LGIM’s fair value pricing policy. Regardless of being priced at zero LGIM funds may still own these securities and any value realised in the future will be for the sole benefit of the relevant fund. LGIM will seek to divest from such securities at such a time that market conditions allow consistent with our fiduciary duties and applicable sanctions.

    Source and third party data

    Source: Unless otherwise indicated all data contained on this website is sourced from Legal & General Investment Management Limited.

    Where this document contains third party data ('Third Party Data’), we cannot guarantee the accuracy, completeness or reliability of such Third Party Data and accept no responsibility or liability whatsoever in respect of such Third Party Data.

    Issuer

    Issued by Legal & General Investment Management Limited as promoter and distributor for this fund in the UK.

    Legal & General Investment Management Limited has been appointed as the discretionary investment manager for these Funds and is Registered in England and Wales No. 02091894. Registered Office: One Coleman Street, London, EC2R 5AA, United Kingdom. Authorised and regulated by the Financial Conduct Authority, No. 119272.

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