MoneyAM Fund Centre

Quick Stats

Fund Objective

To provide a return in line with money markets* and with a high level of capital security by investing in short-term money market assets. The benchmark index for the Fund is the 7 Days Sterling LIBOR (the “Index”). The Fund is actively managed by the Investment Adviser who chooses investments with the aim of outperforming the Index by 0.05% per annum on a rolling 3 year basis, before deduction of fees. The Fund is a short-term Variable Net Asset Value (VNAV) money market fund, which is a form of qualifying money market fund. It will invest in assets in which a short term VNAV fund is authorised to invest and accordingly, its investment objective and policy meets the conditions specified in the definition of qualifying money market fund. The 7 Days Sterling LIBOR has been selected as an appropriate benchmark as it is a representation of the rate which banks are willing to lend for short-term deposits in the London interbank market. *The money market is where financial institutions and companies access short-term borrowing and lending. For further information on this fund's policy and objectives, please refer to the Key Investor Information Document or the Prospectus. These documents can be accessed via the following link:

Fund Managers

Jamie Fairest

Jamie Fairest is Multi Sector Fixed Income Fund Manager, based in London. He joined Schroders in 2006 as a Fund Managers Assistant. Later on, he moved to the multi sector bond team in 2007. His finance career commenced in 2002 when he joined Barclays Investment Management. He holds a BA (Hons) in Finance from Sheffield Hallam University.