Federated Short-Term Sterling Prime 3
Latest (Mid) Price:
GBP 1.00
Day Change:
0.00%
| Shares Class | Inc. |
|---|---|
| Yield | 0.01 |
| Total Expense Ratio | 0.11 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 6,300,000,000.00 | Launch Date | 06/02/2008 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBP | ISA Eligible | No | Annual Management Charge (%) | 0.10 |
| Sector | IMA UK Equity Income | Min Investment (£) | 30,000,000.00 | Total Expense Ratio (%) | 0.11 |
| ISIN | GB00B2R5TF91 | Min Topup (£) | 0.00 | Ongoing Charge (%) | 0.1100 (on 30/06/2020) |
Fund Objective
The fund aims to provide income whilst preserving principal through investment in Sterling denominated short-term debt and fixed income securities. The fund will invest in high quality, liquid securities, aiming to achieve short-term money market returns with capital preservation or at the value of the investors’ initial capital plus earnings. 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.
Dennis Gepp
Dennis Gepp joined the company in 2007 from Brown Shipley & Co Ltd, where he was Treasurer since 1992. During the previous 19 years he held senior positions in the Treasury departments of four other International Investment Banks. He was on the Board of IMMFA from 2011-2014 and has been a member of IMMFA's investment committee since 2007.
Joanne Bartell
Asset Breakdown
Region Breakdown
Sector Breakdown
| Name | Weight |
|---|---|
| Cash Deposits | 5.00% |
| Commercial Paper | 39.00% |
| Fixed Interest | 0.00% |
| Floating Rate Notes | 5.00% |
| Government Bonds | 5.00% |
| Money Market | 7.00% |
| Short Term Asset Backed | 1.00% |
Top 10 Holdings
| Name | Weight |
|---|---|
| BNP PARIBAS (SUISSE) SA | % |
| COOPERATIEVE RABOBANK UA | % |
| FRANCE, GOVERNMENT OF | % |
| JPMORGAN CHASE & CO. | % |
| MIZUHO FINANCIAL GROUP, INC. | % |
| NORDEA BANK ABP | % |
| ROYAL BANK OF CANADA | % |
| SUMITOMO MITSUI FINANCIAL GROU | % |
| TOYOTA MOTOR CORP. | % |
| WELLS FARGO & CO. | % |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.
Fund data supplied by
