Liquidity funds for your cash

Our liquidity funds offer a low-risk and fully accessible alternative to deposits for your working capital and investment reserves.

Looking beyond deposits, with reduced risk

Many charities hold a high proportion of their assets as cash deposits. But holding high balances with individual banks can be high risk, plus ultra-low interest rates have diminished returns.

Our ‘Stable NAV’ liquidity funds offer a low-risk alternative to bank deposits for charities of all sizes, in sterling plus a range of other currencies.

Chief benefits of our liquidity funds:

Scale

We are the world’s leading manager of non-US AAA-rated liquidity funds and one of the three largest cash managers in the world* - ensuring daily liquidity and exceptional diversification. *(source: iMoneynet, March 2009).

Low risk

Our Stable NAV liquidity funds each carry the highest AAA rating from all the leading credit rating agencies. They are also separate from the wider bank’s other activities.

Diversification

Each fund has a highly diversified portfolio of short-term, high quality money market instruments. To minimise counterparty risk, the maximum exposure per issuer for AAA-rated funds is just 5% (excluding deposits).

Competitive yield

The liquidity team aims to outperform cash deposits over the long term, while maintaining daily liquidity and high credit quality.

Accessible

Unlike many bank accounts with comparable yields, our stable NAV liquidity funds are not constrained by penalties for early redemption.

Global cash portal

We provide the highest levels of client service. This includes access to our online Global Cash Portal to conduct transactions, analyse balances and download reporting and research.