Money Market FundsBacked by BlackRock
Low risk
Managed by BlackRock
Low pricing
Multi-currency
High liquidity
Instant withdrawals
You could earn
Backed by BlackRock
Held in AAA rated, low-risk funds
Managed by BlackRock
BlackRock
BlackRock ICS Sterling Liquidity Fund (Premier)
Investing in money market funds is an important part of our treasury management strategy, especially today, with interest rates at a high standstill. BlackRock funds through Lightyear are the best option in the market for this.
At Ready Player Me we’re also using Lightyear to grow our money. There’s a few reasons for this choice: Lightyear offers highly liquid funds at a low cost, plus they’ve made opening and managing of business investment accounts easier than ever before.
Transparent fees included
Managing risk with Money Market Funds
Credit and concentration risk
Liquidity risk
Interest rate risk
Diversified with over
300
individual holdings
Diversified with over
300
individual holdings
Keeping your money safe
Regulated in the UK by the FCA
Regulated in the EU by EFSA
Questions a curious person might ask
Are there fees?
The rate shown (4.89% APY) is what you get after the fee of 0.10%, compounded monthly over a year. The fund’s current 1-day yield is 4.88%.
4.88% - 0.10% fees = 4.78% (4.89% when compounded).
What is a Money Market Fund?
A Money Market Fund is a low-risk investment that aims to give you a slightly higher return than cash. Unlike most funds that invest in bonds or shares, it invests in short-term debt.
This short-term debt is bought from by governments, banks and companies with strong balance sheets and high credit ratings. In exchange, they pay interest to the fund.
Lightyear Savings allows you to invest in Money Market Funds. As with all investments, the value can go up as well as down. The yield generated by these funds changes daily and may also move in an unfavourable direction.
The prospectuses and Key Information Documents of these funds are available in our app and website, and on BlackRock’s website.
Who are BlackRock?
What countries are MMFs available in?
Money Market Funds are available in Austria, Estonia, Finland, France, Germany, Hungary, Italy, Latvia, Luxembourg, Netherlands, Spain and the UK.
It is not currently available in Belgium, Croatia, Cyprus, Greece, Ireland, Greece, Latvia, Malta, Portugal, Slovakia and Slovenia.