Federated Short-Term Euro Prime 11
Latest (Mid) Price:
EUR 1.00
Day Change:
-0.33%
| Shares Class | Inc. |
|---|---|
| Yield | 0.00 |
| Total Expense Ratio | 0.00 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 57,577,016.91 | Launch Date | 29/04/2008 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | EUR | ISA Eligible | No | Annual Management Charge (%) | 0.45 |
| Sector | IMA UK Equity Income | Min Investment (£) | 250,000.00 | Total Expense Ratio (%) | 0.00 |
| ISIN | GB00B3K45C97 | Min Topup (£) | 0.00 | Ongoing Charge (%) | 0.1600 (on 28/07/2014) |
Fund Objective
The investment objective of the Fund is to maximise current income consistent with the preservation of principal and liquidity by investing in a diversifi ed portfolio of high quality euro denominated short-term debt and debt related instruments. The primary objective isto maintain the net asset value either constant at par (net of earnings) 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.
Asset Breakdown
Region Breakdown
Sector Breakdown
| Name | Weight |
|---|---|
| Cash Deposits | 46.60% |
| Certificates of Deposit | 4.80% |
| Commercial Paper | 18.40% |
| Fixed Interest | 27.00% |
| Floating Rate Notes | 3.20% |
Top 10 Holdings
| Name | Weight |
|---|---|
| NATIONWIDE INTERNATIONAL LTD 6 | 10.03% |
| LLOYDS BANK PLC, LONDON 6/1/20 | 10.02% |
| WELLS FARGO BANK INTERNATIONAL | 10.01% |
| DZ BANK AG DEUTSCHE ZENTRAL-GE | 9.97% |
| GE CAPITAL EUROPEAN FUNDING 9/ | 3.96% |
| NORDEA BANK AB 8/11/2015 | 3.96% |
| BASF AG 6/9/2015 | 3.85% |
| UNILEVER N.V. 29/9/2015 | 3.73% |
| ROCHE HOLDINGS, INC 3/4/2016 | 3.67% |
| SHEFFIELD RECEIVABLES COMPANY | 3.50% |
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
