BGF US Dollar Reserve E2 Cap $

The Fund aims to offer returns in line with money market rates consistent with preservation of capital and liquidity. Money invested in the Fund is not protected or guaranteed. The Fund does not rely on external support for guaranteeing the liquidity of the Fund or stabilising the net asset value (NAV) per share. The Fund is a shortterm money market fund. The Fund invests at least 90% of its total assets in fixed income (FI) securities denominated in US dollars. These include bonds and money market instruments (i.e. debt securities with short term maturities). The FI securities may be issued by the United States (US) government and its agencies, non-US governments and government agencies, and companies and supranationals (e.g. the International Bank for Reconstruction and Development). The FI securities may be investment grade (i.e. meet a specified level of credit worthiness), non-investment grade or unrated at the time of purchase. The Fund may invest up to 15% of its total assets in securitisations and asset backed commercial paper that are sufficiently liquid. The Fund may also enter into reverse repurchase agreements on a short term basis. Through these, the Fund agrees to purchase government securities from certain eligible third parties for cash and that the seller can buy these back at an agreed time and price. The investment adviser (IA) may use financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets) for investment purposes in order to achieve the investment objective of the Fund, and/or to reduce interest rate or currency exchange rate risk within the Fund's portfolio. The Fund may, via FDIs, generate varying amounts of market leverage (i.e. where the Fund gains market exposure in excess of the value of its assets). The Fund is actively managed, and the IA has discretion to select the Fund's investments without reference to any benchmark. The Secured Overnight Financing Rate (SOFR) Index sho

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No