Federated Short-Term Sterling Prime

Quick Stats

Bid Price - Offer Price -
Mid Price GBP 1.00 Day Change GBP +0.00 (0.00%)
Price Date 23 Mar 2017 Crown Rating 3
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
Currency GBP ISA Eligible No
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

Fund Objective

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.

Fund Managers

Gary Skedge
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.