Quick Stats

Bid Price - Offer Price -
Mid Price USD 1.00 Day Change USD +0.00 (0.87%)
Price Date 27 Jun 2013 Crown Rating
Shares Class Inc. Yield 0.56 %
Total Expense Ratio 0.06 Fund Size 366,600,000.00
Launch Date 04/08/2008 Standard Initial Charge (%) 0.00
Currency USD ISA Eligible No
Annual Management Charge (%) 0.05 Sector IMA UK Equity Income
Min Investment (£) 50,000,000.00 Total Expense Ratio (%) 0.06
ISIN GB00B2R5TN75 Min TopUp (£) 0.00

Fund Objective

To maximise the current income consistent with the preservation of principal and liquidity by investing in a diversified portfolio of high quality US Dollar denominated short term debt and debt related instruments. The primary objective is to maintain the net asset value either constant at par (net of earnings) or at the value of the investors' initial capital plus earnings.

Fund Managers

Gary Skedge
Gary Skedge (Senior Portfolio Manager) joined FPRCM in September 2007 from HSBC Investments where he co-managed the AAA rated Sterling Liquidity and Liquidity Plus funds as well as numerous segregated portfolios. He has 24 years experience of the banking and investment management sector. He was Director of Money Markets and Foreign Exchange at Robert Fleming and has also worked at JP Morgan Chase and Invesco Fund Managers.