Federated Prime Rate US Dollar Liqu
Latest (Mid) Price:
USD 1.01
Day Change:
+0.49%
| Shares Class | Inc. |
|---|---|
| Yield | 0.16 |
| Total Expense Ratio | 0.11 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 366,600,000.00 | Launch Date | 04/08/2008 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | USD | ISA Eligible | No | Annual Management Charge (%) | 0.10 |
| Sector | IMA UK Equity Income | Min Investment (£) | 30,000,000.00 | Total Expense Ratio (%) | 0.11 |
| ISIN | GB00B2R5TV59 | 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.
Asset Breakdown
Region Breakdown
Sector Breakdown
| Name | Weight |
|---|---|
| Cash Deposits | 30.13% |
| Certificates of Deposit | 17.04% |
| Commercial Paper | 41.70% |
| Fixed Interest | 8.68% |
| Floating Rate Notes | 2.45% |
Top 10 Holdings
| Name | Weight |
|---|---|
| ERSTE ABWICKLUNGSANSTALT 23/07 | 4.62% |
| BANK OF TOKYO-MITSUBISHI UFJ S | 4.35% |
| AKADEMISKA HUS AB 05/07/2013 | 4.21% |
| KA FINANZ - AUSTRIA GUARANTEED | 4.08% |
| STANDARD CHARTERED PLC 21/06/2 | 4.08% |
| VASTERAS (CITY OF) 18/9/13 | 4.08% |
| AGENCE CENTRALE DES ORGANISMES | 3.80% |
| BCEE LUXEMBOURG 17/07/13 | 3.53% |
| CAISSE DES DEPOTS 15/07/13 | 3.40% |
| MIZUHO CORPORATE BANK 22/8/201 | 3.26% |
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
