The Fund invests in high quality money market instruments, short term money market funds and repurchase and reverse repurchase agreements.

The Fund may be subject to the risks of investment, liquidity fee, redemption gate and suspension of redemption, credit, interest rate, negative yield environment, downgrading, valuation, credit rating, sovereign debt as well as risks associated with repurchase and reverse repurchase agreements. The Fund is an investment fund and is not in the nature of a bank deposit. There is no guarantee of repayment of principal.

Valuation of investments of the Fund using the amortised cost method (“Constant NAV”) may be higher or lower than the valuation based on the market price of the investments (“Market Price NAV”). Investors subscribe or redeem using the share price based on Constant NAV may be higher or lower than the price based on Market Price NAV. Sudden movements in interest rates or credit concerns may also cause material deviations in the value of investments between these two methodologies.

The Fund shall use Constant NAV for subscription and redemption, save that where the difference between Constant NAV and Market Price NAV is more than 20 basis point, the Fund shall use Market Price NAV instead. Investors may suffer losses when one methodology is used over another. Further, when Constant NAV is used, it is not intended to maintain a stable NAV per share and shares may fall in value.

The Fund is authorised and regulated as a Low Volatility Net Asset Value Money Market Fund (“LVNAV MMF”) pursuant to the relevant European Union Regulation. The Fund is subject to the risk of change of LVNAV MMF status to a Variable Net Asset Value Money Market Fund or, if the Directors deem it appropriate because of adverse political, economic, fiscal or regulatory changes affecting the Fund, redeem all shares of the Fund and investors may suffer a loss.

Barings USD Liquidity Fund

PUBLIC FIXED INCOME

Class G USD Accumulating
ISIN IE00BD3JRX66
ISIN

IE00BD3JRX66

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Factsheet

KFS

Prospectus

Investment Grade

NAV

USD 10787.862

As of 27/3/2024

Objective

To maintain the principal of the Barings USD Liquidity Fund (“the Fund”) and to provide a return in line with money market rates. The Fund is classified as a Short Term Money Market Fund and is authorised and regulated as a low volatility net asset value money market fund (“LVNAV MMF”) pursuant to the Regulation (EU) 2017/1131 of the European Parliament and of the Council (as amended) (the “MMF Regulations”).

Strategy

The Fund will mainly invest in high quality money market instruments. In making its determination, the Fund will take into account a range of factors including, the credit quality of the instrument and the issuer, the short-term asset class, type of issuer (e.g., whether governmental or corporate), and liquidity profile.

The Fund is not a guaranteed investment. Investment in the Fund is different from an investment in deposits as the principal invested in the Fund is capable of fluctuation. The Fund does not rely on external support for guaranteeing the liquidity of the Fund or stabilising the NAV per share. The risk of loss of the principal is to be borne by the investor.

Fund Facts

Fund Type

UCITS Funds

Inception Date

15/8/2018

Domicile

Ireland

Share Class Information

Dealing Frequency

Business Day

Management Charges

0.52%

Inception Date

20/12/2019