Federated Short-Term Sterling Prime
|Bid Price||-||Offer Price||-|
|Mid Price||GBP 1.00||Day Change||GBP +0.00 (0.00%)|
|Price Date||23 Mar 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.35 %|
|Total Expense Ratio||0.00||Fund Size||2,900,000,000.00|
|Launch Date||31/03/2008||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.00||Sector||IMA UK Equity Income|
|Min Investment (£)||200,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00B2PM9186||Min TopUp (£)||0.00|
The fund aims to provide capital stability and income through investment in short-term fixed income and variable rate securities. The fund will invest in high quality, liquid securities from both within and outside the UK, aiming to achieve capital preservation with money market returns. The fund is a European Securities and Market Authority (“ESMA”) Short-Term Money Market Fund.
Gary Skedge joined the company in 2007 from HSBC Investments, where he co-managed their AAA-rated funds. He has 24 years experience of the banking and investment management sector.