• Lloyds Money Fund Limited

  • Lloyds Investment Fund Managers Limited

    Benefits

    • An alternative to the traditional cash deposit account.
    • Offers a relatively low-risk way of achieving modest growth, dependent on market conditions.

    Need to know

    • The value of investments and the income from them can go down as well as up and cannot be guaranteed.
    • Changes in rates of exchange may cause the value of an investment to go up or down.
    • On selling investors may not get back the amount they originally invested.
    • In a low interest rate environment, the charges may affect and could be in excess of the interest growth.
    • This fund is available in many countries but not all.
Overview
  • How does the Money Fund work? The Money Fund is a relatively low -risk investment — a flexible alternative to a traditional deposit account.
    Risk level

    Risk Category 1: For the investor where there is only minimal risk involved and returns may be modest.

    What are the different risk levels?

    What will I be investing in?

    Cash: by pooling the money of many investors, the Money Fund can invest in deposits available on the Eurocurrency market — the market European banks use when borrowing or lending the currencies of different countries.

    The sterling currency class invests in cash deposits in that currency.

    How long should I plan to invest for? The Money Fund suits short, medium or long-term investors.
    Minimum investment:
    • Initial investment: £5,000 or currency equivalent
    • Subsequent investment from £500 or currency equivalent
     
    Up front fee: None
    Annual Management Charge:
    % of your investment
    Sterling: 0.20%
    Currency: Sterling
Is this fund right for me?
  • Who is the Money Fund for?

    Choose the Money Fund if you're looking for:

    • An investment in cash deposits – The Money Fund is an alternative to a traditional cash deposit.
    • easy access to your money: typically you'll have a lump sum to invest, and won't need a regular income from it — but might need to access it at short notice.
    • free money transfers: you often move money between countries and currencies, and would like to save on the fees involved.

    Depending on legislation and regulations of the country you live in, this investment fund may not be available to you.

    Who is the Money Fund not for?

    The Money Fund is not the right choice if:

    • you need a regular income: if you need an income from your investment, for example to supplement a pension, take a look at our income funds.
    • you're looking for high returns: if you're willing to take greater risks for potentially greater returns, take a look at our investment solutions.
Servicing your investment
    • Check the value of your investment online with our Online Portfolio Service
    • You will receive a paper statement every 6 months
    • If you need to access your money, sell some or all of your holding in the fund without a charge by speaking directly to a fund representative
Key documents and risks
  • For help or to apply

    From the UK, call:

    0800 055 6358

    Outside the UK, call:

    +44 (0) 1624 641 825

    Mon-Fri 8am-6pm and Sat. 9.30am-1.30pm UK time. Calls may be monitored/recorded.
    Or contact your Relationship Manager

Our International services are offered by Lloyds Bank International Limited, Lloyds Bank (Gibraltar) Limited & Lloyds Investment Fund Managers Limited. See company Information. Whilst our services will be available to many customers, there are countries where, due to legal or regulatory restraints, we cannot provide them.

Rules and regulations made under the UK Financial Services and Markets Act 2000 for the protection of depositors and investors, including the Financial Services Compensation Scheme, do not apply to the financial services business of companies within the Lloyds Banking Group carried out from offices outside of the United Kingdom.

Lloyds Bank International Limited. Registered office and principal place of business: P.O. Box 160, 25 New Street, St. Helier, Jersey JE4 8RG. Lloyds Bank International Limited is incorporated in Jersey, No. 4029 and is regulated by the Jersey Financial Services Commission to carry on deposit-taking business under the Banking Business (Jersey) Law 1991 and investment and general insurance mediation business under the Financial Services (Jersey) Law 1998. Lloyds Bank International Limited subscribes to the Jersey Code of Practice for Consumer Lending and has also notified the Jersey Financial Services Commission that it carries on money service business.

The paid up capital and reserves of Lloyds Bank International Limited was £895m as at 31 December 2015.

Lloyds Bank International Limited is a participant in the Jersey Bank Depositors Compensation Scheme. The Scheme offers protection for eligible deposits of up to £50,000. Eligible deposits are deposits held by private individuals and charities. Depositor protection does not extend to corporations, small to medium sized enterprises, partnerships and trusts. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period. Full details of the Scheme and banking groups covered are available on the States of Jersey website www.gov.je/dcs or on request.

The Guernsey branch of Lloyds Bank International Limited, principal place of business PO Box 136, Sarnia House, Le Truchot, St Peter Port, Guernsey, GY1 4EN, is licensed by the Guernsey Financial Services Commission to take deposits and to carry on controlled investment business and insurance intermediary business under The Banking Supervision (Bailiwick of Guernsey) Law, 1994, The Protection of Investors (Bailiwick of Guernsey) Law, 1987 (as amended) and The Insurance Managers and Insurance Intermediaries (Bailiwick of Guernsey) Law, 2002 (as amended), respectively, and is also registered with the Guernsey Financial Services Commission as a money service provider.

Lloyds Bank International Limited is a participant in the Guernsey Banking Deposit Compensation Scheme. The Scheme offers protection for 'qualifying deposits' up to £ 50,000, subject to certain limitations. The maximum total amount of compensation is capped at £ 100,000,000 in any 5 year period. Full details are available on the Scheme’s website: www.dcs.gg or on request from Telephone: +44 (0) 1481 706359 or Post: P.O. Box 53, 1 Smith Street, St Peter Port, GY1 4BD.

The Isle of Man branch of Lloyds Bank International Limited of PO Box 111, Peveril Buildings, Peveril Square, Douglas, Isle of Man IM99 1JJ is licensed by the Isle of Man Financial Services Authority to conduct deposit-taking and investment business and is also registered as an insurance intermediary in respect of general business.

Lloyds Bank International Limited is a participant in the Isle of Man Depositors’ Compensation Scheme as set out in the Depositors’ Compensation Scheme Regulations 2010.

Lloyds Bank (Gibraltar) Limited. Registered office and principal place of business: Royal Ocean Plaza, Ocean Village, Gibraltar, GX11 1AA. Registered in Gibraltar, no 99982. Regulated and authorised by the Gibraltar Financial Services Commission for the conduct of banking, investment and insurance mediation business. Lloyds Bank (Gibraltar) Limited is a participant in the Gibraltar Deposit Guarantee Scheme and a participant in the Gibraltar Investor Compensation Scheme. Details of the schemes are available on request.

Please note that, in relation to banking services which we provide, you might not be eligible for compensation under a deposit protection guarantee scheme available in your country of residence. If in doubt, contact your local banking regulator, visit their website or seek independent advice.

Lloyds Bank International Limited and Lloyds Bank (Gibraltar) Limited are wholly owned subsidiaries of Lloyds Bank plc. Lloyds Bank plc is incorporated in the United Kingdom, is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under number 119278, and is part of the Lloyds Banking Group. Lloyds Bank International Limited and Lloyds Bank (Gibraltar) Limited place funds with Lloyds Bank plc and thus their financial standing is linked to that of the group. Depositors may wish to form their own view on the financial standing of Lloyds Bank International Limited and Lloyds Bank (Gibraltar) Limited and their parent based upon publicly available information. Download Lloyds Bank International Limited’s latest annual financial statements. Lloyds Bank (Gibraltar) Limited’s latest annual financial statements are available through Companies’ House in Gibraltar at www.companieshouse.gi.

Lloyds Investment Fund Managers Limited. Registered office: PO Box 160, 25 New Street, St Helier, Jersey JE4 8RG. Authorised by the Jersey Financial Services Commission under the Collective Investment Funds (Jersey) Law 1988.

View our our information on how to complain.

Legislation or regulations in your home jurisdiction may prohibit you from entering into such a transaction with us. We reserve the right to make final determination on whether you are eligible for any products or services. Residents or Nationals of certain jurisdictions may be subject to exchange controls and should seek independent advice before entering into any transactions with us.

Please note that, in relation to banking services which we provide, you might not be eligible for compensation under a deposit protection guarantee scheme available in your country of residence. If in doubt, contact your local banking regulator, visit their website or seek independent advice.