Fact sheet: BNY Mellon Sterling Liq

Fund information
Fund name
BNY Mellon Sterling Liquidity Participant
Fund manager company
BNY Mellon Investment Manageme
Fund type
No data available.
Fund manager
  • Team Approachsince 01/11/1998
Fund objective
Aims to provide an income in Sterling while maintaining both the original value of the investment and liquidity.
Benchmark
  • IBC OMFR - Sterling Industry Average
Investment style
Liquidity
Investment method
None
Quick stats
1 Year return
-
1 Year rank in sector
34/42
Sector
FO Currency - Sterling
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.51%
Fund size
£2,058m
Top in this sector
Fund name1 Year
Hume Caut MA Stg1.9%
Payden & Rygel Sterling Rsrv1.3%
Aberdeen Liq(L)USDurStg0.9%
Insight ILF GBP Liquidity Plus0.8%
BlackRock ICS InstStgUl SBd0.6%
...more in FO Currency - Sterling

Performance snapshot

Holdings snapshot

  • Money Market100%
  • Time Deposits30.8%
    Certificates of Deposit27.5%
    Floating Rate Notes10.8%
    Commercial Paper8.8%
    Cash Funds8%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-----0%
Sector0%0%0.1%0.5%1.2%2.1%
Rank within sector33 / 4633 / 4635 / 4534 / 4233 / 3827 / 31
Quartile3rd3rd4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund----0%
Sector0.3%0.6%0.3%0.3%0.6%
Rank within sector32 / 4233 / 3932 / 3730 / 3723 / 30
Quartile4th4th4th4th4th
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
-
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
-
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
0.17
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-2.21
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
-
Price movement
52 week high1
52 week low1
Current bid price-
Current offer price-
Current mid price1
Region
1Money Market100%
Industry sector
1Time Deposits30.77%
2Certificates of Deposit27.53%
3Floating Rate Notes10.76%
4Commercial Paper8.82%
5Cash Funds8.03%
6Fixed Interest Deposit6.88%
7Government Bills4.34%
8Short Term Asset Backed2.87%
Asset type
1Money Market100%
Individual holdings
No data available.
Management
Fund manager group
BNY Mellon
Fund manager company
BNY Mellon Investment Manageme
Fund type
No data available.
Fund objective
Aims to provide an income in Sterling while maintaining both the original value of the investment and liquidity.
Benchmark
  • IBC OMFR - Sterling Industry Average
Investment style
Liquidity
Investment method
None
Fund manager
NameSinceBiography
Team Approach01/11/1998William Sterling, Ph.D., CIO, Senior Portfolio Manager - Mr. Sterling has guided Trilogy since he founded the firm in 1999. Long standing global asset management relationships followed him to Trilogy and have been managed by Bill since 1996. Under his direction and portfolio management discipline, Trilogy has performed for its clients for both international and global mandates. Mr. Sterling launched Trilogy after leaving Credit Suisse Asset Management, where he was an Executive Director and Global Head of Equities. Bill was a Managing Director and Head of International Equities at BEA Associates before the firm was acquired by CSAM. Previously, Bill was Head of Economic Research in Tokyo and later Chief International Economist at Merrill Lynch. He has a Ph.D. in Economics from Harvard University and studied at the University of Tokyo in the early 1980s as a Fulbright scholar. He is fluent in Japanese. Robert Beckwitt, Managing Director and Senior Portfolio Manager - Bob is responsible for the day-to-day portfolio management of Trilogy’s client portfolios. Bob joined Trilogy from Goldman Sachs Asset Management, where he was a Managing Director and served as a Portfolio Manager and Co-Head of International Equities and Emerging Markets. Previously, Bob was a Portfolio Manager at Fidelity Investments where he managed a series of Fidelity mutual funds, including the highly successful Fidelity Asset Manager Funds, which grew to approximately $18 billion during his tenure. He has a B.A in Economics from Princeton and a M.S. in Finance from Sloan School at Massachusetts Institute of Technology. Gregory J. Gigliotti, Managing Director and Senior Portfolio Manager - Greg is responsible for the day-to-day portfolio management of Trilogy’s client portfolios. Greg joined Trilogy from Iridian Asset Management, where he was a Managing Director. Previously, Greg was a Vice President and Senior Portfolio Manager at Goldman Sachs Asset Management, where he co-managed a $7 billion series of mutual funds and institutional accounts. Greg also worked at Franklin Mutual Advisors (formerly the Mutual Series Funds) as a Vice President and Senior Analyst and was member of the investment team led by Michael Price. He has a B.A. in Economics and International Relations from Connecticut College. Pablo Salas, Managing Director and Senior Portfolio Manager - Pablo is responsible for the management of Trilogy’s Emerging Market Equity portfolios. Pablo joined Trilogy in 2005, the result of a merger with BPI Global Asset Management, LLP, where he was a co-founder. Prior to BPI, Pablo was a Director and Senior Portfolio Manager in the International Portfolio Management and Research area at STI Capital Management/Sun Trust, Inc., where he launched the Emerging Markets Portfolio. Previously, Pablo was a Portfolio Manager in the International Equities area at Lazard Freres Asset Management where he launched an Emerging Markets Portfolio. Pablo also held positions at the Principal Financial Group/Invista Capital Management and NationsBank. He earned a B.S. in Business Administration and majored in Marketing from Indiana University and earned a M.B.A from the University of Wisconsin Francois Campeau, Managing Director and Portfolio Manager - Francois joined Trilogy shortly after the firm’s founding in 2000. Since that time, Francois has served as a Research Analyst covering several global sectors including Consumer Discretionary, Consumer Staples, Technology and Telecommunication Services. In addition to his analyst responsibilities, Francois has been managing sector funds for several years and has been a co-portfolio manager for a concentrated global portfolio which he has co-managed since 2007. Previously, François was a member of the global equity team focusing on information Technology and Telecommunication Services stocks for Montrusco Bolton Inc. François has also worked as a treasury analyst at Bombardier and as a financial analyst at the Federal Business Development Bank. He earned a B.A. in Administration from Montreal's École des Hautes Études Commerciales and a M.A. in Management Sciences and Finance from the University of Sherbrooke. François is a Chartered Financial Analyst.
Compliance
Transparent for German Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Germany, Spain, France, United Kingdom, Ireland, Offshore
BNY Mellon Sterling Liquidity Advantage
Initial charge-
Annual charge0.15%
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyGBP
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeUV02
BNY Mellon Sterling Liquidity Advantage Acc
Initial charge-
Annual charge0.15%
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.3199
CurrencyGBP
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeUF58
BNY Mellon Sterling Liquidity Agency
Initial charge-
Annual charge0.25%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyGBP
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeAVX9
BNY Mellon Sterling Liquidity Institutional
Initial charge-
Annual charge0.2%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyGBP
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeAVX8
BNY Mellon Sterling Liquidity Investor
Initial charge-
Annual charge0.45%
Min single investment£2,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.45%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyGBP
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeUU84
BNY Mellon Sterling Liquidity Participant
Initial charge-
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.51%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyGBP
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeUV03
BNY Mellon Sterling Liquidity Premier
Initial charge-
Annual charge0.1%
Min single investment£250,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyGBP
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMT6Z
Data provided by

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