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

Aviva Investors offer a range of pooled funds and bespoke solutions providing investors with an off balance sheet alternative to traditional short term bank investments. Our solutions offer a way of diversifying across a wide range of high quality instruments & issuers as well as enhancing yield opportunities.

Whilst security of capital is always our primary concern, our active, diversified approach aims to maximise yield and deliver investors their required levels of liquidity. 

Currently we manage over €46 billion for our liquidity clients1.

1 As at  30 June 2018. The figure refers to Liquidity funds in the UK and France. 

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. 

Aviva Investors Liquidity Funds have implemented the new LNAV structure and are fully compliant ahead of the 21 January 2019 deadline.

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

 

 

Watch our video on EU money market fund reform and what it means for investors.

GBP Solutions

  • 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: 1pm (Irish time).

* Sterling Government Liquidity Fund - The Aviva Investors Sterling Government Liquidity Fund is a Short-Term Low-Volatility Net Asset Value (LVNAV) Money Market Fund.

  • 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: 1pm (Irish time).

* Sterling Liquidity Fund - The Aviva Investors Sterling Liquidity Fund is a Short-Term Low-Volatility Net Asset Value (LVNAV) Money Market Fund.

  • 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: 1pm on dealing day (Irish time).

EUR Solutions

  • 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).

* Euro Liquidity Fund - The Aviva Investors Euro Liquidity Fund is a Short-Term Variable Net Asset Value (VNAV) Money Market Fund.

GBP/EUR/USD 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.

Our latest thinking

Key Investor Information Documents

This investment does not rely on external support for guaranteeing liquidity or stabilising the NAV per unit or share.