Western Asset US Dollar Liquidity Fund

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About The Fund

Investment Aim

The Fund aims to maintain capital value while generating money market returns by investing in high quality money market and short term debt instruments.

Performance Benchmark

Overnight USD London Interbank Bid Rate
 
    Invests in money market instruments and fixed income securities with minimum A1/P1 credit rating according to Moody's or equivalent
    Managed by one of the world's largest fixed income managers
 
 
 

About the Investment Strategy

  • Construct a portfolio of money market and short-term debt instruments in USD or fully hedged to USD. Value is added through credit selection, yield curve positioning, and duration management. Portfolio risk is controlled through investing in only the highest quality short-term instruments and limiting the maximum maturity of the investments
  • Minimum credit quality of A1/P1 according to Moody's Investor Services Limited or equivalent
  • Maximum maturity for any one security is 365 days (from date of acquisition) excluding Floating Rate Notes which may use the reset date as the maturity date
  • Maximum average maturity of 60 days

About the Investment Team

Founded in 1971, Western Asset Management has decades of experience and is now one of the world's largest managers of fixed income investments. Western Asset Management follows a team-focused approach comprising groups of specialists dedicated to all the major areas of the fixed income market. Its expertise extends globally across major bond markets.

General Fund Literature

Annual Report
Semi-Annual Report
Summary Prospectus
 
 
  		•  The Company is an Irish umbrella mutual fund that has within it different Funds, each with different risk profiles and with segregated liability between the Funds. The Fund invests principally in money market instruments, debt securities and fixed income securities.
  		• The Company and the Fund may not be suitable for all investors and you should read the investment policy and risk factors in the Prospectus (under the heading “Investment Risks”) and the Relevant Supplement carefully before making an investment. There is no assurance that the investment objective of the Fund will be achieved.
  • You should ensure that investment in the Company and the Fund is suitable for you. If you are unsure, take advice from a licensed or registered investment adviser and ask him to confirm that it is suitable and consistent with your investment objectives.