Financial investments involve an element of risk. For further information, please see the risk warning section.

Liquidity funds

Aviva Investors has been a provider of money market funds since June 2002. With one euro fund and four sterling funds we offer a range of funds offering different risk/return profiles. For maximum security of capital, we offer a fund that invests in UK government securities. Other funds invest, to varying degrees, in a broader range of money market instruments including: commercial paper, floating rate notes, certificates of deposits, freely transferable promissory notes, debentures, asset-backed securities and bond issues.
 

REGULATION (EU) 2017/1131 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL OF 14 JUNE 2017 ON MONEY MARKET FUNDS

A new regulation concerning money market funds comes into force on 21 January 2019. This Regulation sets out rules for money market funds (MMFs) established, managed or marketed in the European Union.

It lays out provisions regarding the financial instruments eligible for investment by a MMF, the portfolio of an MMF, the valuation of the assets of an MMF, and the reporting requirements in relation to an MMF.

We welcome the regulations and believe they are in the best interests of our clients and intend to be fully compliant ahead of the deadline. We are already well positioned to conform to the new guidelines with minimal operational impact.

For a summary of the new regulation and the impact to Aviva Investors Liquidity Funds, please read our guide.

 

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    • Rated: Aaa-mf (Moody's) and AAAm (S&P). 
    • Aim: provide liquidity and security of government exposure.
    • Investment horizon: 0-3 months. 
    • Performance objective: overnight LIBID. 
    • Min. investment restrictions: min rating A2/P1 – Moody's repo cp. A/A-1 – S&P. 
    • Maximum weighted average maturity: 60 days. 
    • Settlement: same day. 
    • Dealing cut-off: 12 noon (Irish time).
       
  •  
    • Rated: Aaa-mf (Moody’s) and AAAm (S&P).
    • Aim: to maximise current income consistent with the preservation of principal and liquidity.
    • Investment horizon: 0-3 months.
    • Performance objective: 7-day LIBID plus 0.10% p.a. gross.
    • Min. investment restrictions: min rating A2/P1 - Moody's. A/A-1 – S&P.
    • Maximum weighted average maturity: 60 days.
    • Settlement: same day.
    • Dealing cut-off: 12 noon (Irish time).
       
  •  
    • Rated: Aaa-bf (Moody’s).
    • Aim: to provide an investment return with low level of capital volatility whilst maintaining liquidity.
    • Investment horizon: 3-6 months.
    • Performance objective: 7-day LIBID plus 0.25% p.a. gross.
    • Min. investment restrictions: minimum rating A2/P1.
    • Maximum weighted average maturity: 365 days.
    • Settlement: T+2.
    • Dealing cut-off: Sub: 12 noon on dealing day (Irish time).
       
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    • Rated: Aa-bf (Moody’s).
    • Aim: to optimise returns via short-term sterling denominated debt and related instruments.
    • Investment horizon: 6-9 months.
    • Performance objective: 3-month LIBID plus 0.50% p.a. gross.
    • Min. investment restrictions: min rating A-/A3 for individual security. Single A limited to 10% in total.
    • Maximum weighted average maturity: 2 years.
    • Settlement: T+2.
    • Dealing cut-off: Sub: 12 noon on dealing day (Irish time).
       
  •  
    • Rated: Aaa-mf (Moody’s).
    • Aim: to maximise current income consistent with the preservation of principal and liquidity.
    • Investment horizon: 0-3 months.
    • Performance objective: 7-day Euro LIBID plus 0.10& p.a.
    • Min. investment restrictions: min rating A2/P1 – Moody's.
    • Maximum weighted average maturity: 60 days.
    • Settlement: same day.
    • Dealing cut-off: 12 noon (Irish time).
       

Bespoke solutions

Aviva Investors has over four decades of experience in managing bespoke, segregated, cash mandates on behalf of clients. Our segregated mandates provide investors with control over the investment guidelines and individual holdings/ratings within the portfolios. We work with our clients to create portfolios that reflect their cash flow needs and risk/return criteria. Investors have direct ownership of the underlying investments and are able to fine tune their portfolios to meet their needs.

Bespoke solutions also include detailed reporting packages including monthly valuations and a quarterly investment review.
 

Full details including the charges and risks can be found in the Full prospectus and the Key Investor Information document. These are available from us on request free of charge, together with the Report and accounts.

Fund factsheets and Key Investor Information Documents

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