Money Fund

Launched in 1983 the Lloyds TSB Money Fund is a cash investment vehicle designed to offer investors a flexible low-cost alternative to a traditional deposit account.

Peace of mind

Managed by Lloyds TSB Offshore Fund Managers Limited, which is wholly owned by the Lloyds TSB Group, means you have peace of mind that your money is being looked after by a financial services provider that is recognised worldwide.

Your money is pooled with that of other investors which enables the Fund to invest in deposits that are available on the Eurocurrency markets and offer the potential of greater returns, not normally available to retail investors. Deposits are only placed with authorised institutions.

Seven major currency classes to select from.

The policy of each class is to invest in deposits available on the Eurocurrency markets, which are denominated in the base currency of the relevant class. In certain circumstances these may be supplemented by bonds, notes, monetary instruments and government stocks.

• Australian Dollar Class
• Canadian Dollar Class
• Euro Class
• New Zealand Dollar Class
• Sterling Class
• Swiss Franc Class
• US Dollar Class

Institutional Sterling Class

The Institutional Sterling Class seeks to offer the corporate investor a high degree of protection and access to wholesale money markets, whilst maintaining a competitive level of return and easy access to funds.

Features & Benefits

• A choice of 7 major currency classes
• All deposits placed with authorised institutions
• No initial charge
• Minimum investment of just £5000, with subsequent investments from just £500, or currency equivalents (individual currency classes)
• Minimum investment of £250,000, with subsequent investments from £50,000 (Institutional Class)
• Free switching facility between currency classes
• Easy access to your money as the Fund deals daily
• Six-monthly statements
• 24/7 access to information regarding your investment via our Online Portfolio Service*
• A dedicated call centre where you speak directly to a fund representative
• Check the Money Fund Daily prices on the website

* launching April 2008

To find out more

Investors should be aware that the price of shares may go down as well as up. Whilst the price of a share will normally rise as income accrues in respect of underlying investments, such price may fall in certain circumstances such as a substantial change in interest rates.

An investment in a currency other than the shareholder's own base currency will be subject to the movements of foreign exchange rates, which may cause an additional favourable or unfavourable change in value. Consequently, investors may, on selling their shares, receive an amount greater or less than their original investment.