Aviva Investors Sterling Liquidity Plus Fund 3 GBP Acc

ISIN

IE00B24F3V65

Asset class

Money Market

NAV

1,389.46 GBP (as at 25/02/2026)

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Fund overview

Objective: The Fund aims to provide an investment return with a low level of capital volatility whilst maintaining liquidity. The performance of the Sub-Fund is measured against Sterling Overnight Index Average (SONIA) Rate (the benchmark).

Investments: The Sub-Fund will invest in a diversified portfolio of sterling denominated debt and money market instruments including, but not limited to, financial and corporate floating rate notes, asset-backed floating rate notes, certificate of deposits, commercial paper, reverse repo, term deposits and money market funds. The weighted average maturity of the fund’s investments will not exceed 365 days.

Strategy: The Sub-Fund is actively managed. The Investment Manager uses credit and interest rate analysis to assemble a highly liquid portfolio of securities while seeking to maximise yields. The investment manager intends where possible, to manage the Fund according to the restrictions imposed by the rating agency in order to maintain an overall credit rating of Aaa by Fitch Investor Services (the rating has been solicited by the Investment Manager).

Full details of the Fund’s Objective & Investment Policy are available on our website and prospectus.

For more details on the Fund specific risks, click here.

Share class currency
GBP
Return type (Inc / Acc)
Accumulation
Share class
3
Minimum Investment
GBP 100,000,000
Fund size (as at 25/02/2026)
GBP 2.22b
Share class inception date
26/11/2007
Fund launch date
26/11/2007
Performance benchmark
SONIA LENDING RATE GBP
Fund volatility
0.16
Benchmark volatility
-
SFDR
Article 8
IA Sector
-
Distribution dates
-
Income distribution frequency
-
Latest dividend
-

Historic yield

The historic yield reflects distributions declared over the past 12 months as a percentage of the share / unit price, on the date shown. This does not include entry charges and investors may be subject to further tax on their distributions.

0.00%

Underlying yield

This reflects the annualised income net of expenses of the fund as a percentage of the share price of the fund on the date shown. It does not include the deduction of entry charges and is the gross return before tax on distributions.

-

Distribution yield

This reflects the amount that is expected to be distributed over the next 12 months as a percentage of the share price of the fund on the date shown. It does not include the deduction of entry charges and is the gross return before tax on distributions. You may be subject to further tax on your distributions. The yield is not guaranteed.

-
Fund income (gross of charges and taxes)*
-
Benchmark Income (gross of charges and taxes)*
-
Trading currency
GBP
NAV (as at 25/02/2026)
1,389.46
Daily change
0.01%
12 Months NAV high (as at 25/02/2026)
1,389.46
12 Months NAV low (as at 26/02/2025)
1,327.59
Valuation frequency
Daily
ISIN
IE00B24F3V65
SEDOL
B24F3V6
MEXID
CUSTLD
Bloomberg
MORSLE3 ID

Fund commentary

Summary review (as at January 2026)

Sterling money markets were broadly stable with no Bank of England policy meeting during the month. We are focusing more on senior unsecured securities, which are beginning to provide better value.

Fees and expenses

Fees %

Entry charge Entry charge

Entry charge

A one-off charge may be taken from your money before it is invested. The charge is usually a percentage of the amount invested and is additional to the price paid for the units/shares. The entry charge is deducted from the investment before units/shares are bought and is also known as the “initial charge”.

 0.00

Exit charge Exit charge

Exit charge

A one-off charge levied on redemption of units/shares before the proceeds of your investment are paid out. This is also known as a “redemption charge”.

 0.00

Ongoing charges Ongoing charges

Ongoing charges

The ongoing charge figure represents the costs you can expect to pay annually based on last year's expenses. The ongoing charges figure is made up of various elements such as the fund management fee, professional fees, audit fees and custody fees. Performance fees (if payable) are not included in this figure.

 0.10

Fund Management fee (included in Ongoing charge) Fund Management fee

Fund Management fee

The management fee is fixed rate charge to cover the costs of managing the investments of the fund. It accrues daily on a percentage of the fund's net asset value and deducted from the fund's assets.

 0.10

Performance fee Performance fee

Performance fee

The percentage of any outperformance of the hurdle rate and/or benchmark that will be taken as a performance fee.

 0.00

Risks

Warning - Investment Risk & Currency Risk
The value of investments and the income from them will change over time. The Fund price may fall as well as rise and as a result you may not get back the original amount you invested.

Warning - Money Market Securities Risk
The Fund invests in money market instruments such as short term bank debt, the market prices/value of which can rise as well as fall on a daily basis. Their values are affected by changes in interest rates, inflation and any decline in creditworthiness of the issuer.

This is not a guaranteed investment, an investment in a Money Market Fund is different from an investment in deposits and can fluctuate in price meaning you may not get back the original amount you invested. This investment does not rely on external support for guaranteeing liquidity or stabilising the NAV per unit or share. The risk of loss of the principal is to be borne by the investor.

Warning - Sustainability Risk
The level of sustainability risk may fluctuate depending on which investment opportunities the Investment Manager identifies. This means that the fund is exposed to Sustainability Risk which may impact the value of investments over the long term.

Full information on risks applicable to the Fund are in the Prospectus and the Key Investor Information Document (KIID).

Management

  • Company name

    Aviva Investors Luxembourg SA

  • Legal structure

    Open Ended Investment Company

  • Head office

    2, rue du Fort Bourbon,
    PO Box 1375,
    Luxembourg,
    Luxembourg,
    L-1249

  • Ucits

    Yes

Fund managers

Fund manager

Todd Cutting

Manager start date

1 Jul 2024

Biography

Todd is a senior portfolio manager within our Fixed Income Solutions team and is the lead manager for the Enhanced Liquidity and ReturnPlus range of portfolios. Todd develops and implements investment strategies in low risk relative value opportunities, and has a particular interest in structural dislocations in global funding markets. Prior to Aviva Investors, Todd was at UBS Global Asset Management, working as an analyst covering fixed income and multi asset funds. Todd graduated from the University of Bath with a BSc (Hons) degree in Mathematics and is a CFA charterholder.

Fund manager

Alexander Ieri

Manager start date

4 Nov 2024

Biography

Alex is a Portfolio Manager within the LDI and Global Liquidity team focusing on the Enhanced Liquidity and ReturnPlus portfolios and joined Aviva in 2017. Alex holds a MSc in Economics and Finance, and a BSc in Mathematics and Economics, from the University of Bristol. He is also a CFA Charterholder.

Registered countries

  • United Kingdom
  • Ireland

Documents

Important information

Unless stated otherwise the source for all performance, portfolio and fund breakdown data is Morningstar. This information does not constitute advice or a recommendation. If you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Care is taken to ensure that the information provided by Morningstar is correct but it neither warrants, represents nor guarantees the contents of the information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein.

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