Ignis Liquidity Fund obtains top rating from Fitch

Ignis is delighted to announce that the £5 billion Ignis Liquidity Fund has been awarded the highest, most stable rating - AAA/V1 - by Fitch Ratings.

This rating reflects the fund's high credit quality, conservative investment policy and ability to provide shareholders with a constant net asset value.

Structured as a UCITS III regulated umbrella fund, the Ignis Liquidity Fund is available in sterling, Euro and US dollar denominations, providing a choice of liquidity and performance objectives. The managers invest in highly rated transferable securities such as certificates of deposit, floating rate notes and commercial paper.

Brian Jack, head of liquidity funds at Ignis, says: "Capital preservation is a key driver in these markets and we have established a strong performance track record since we took over management of the fund on 1 March 2008. We have spent the last eight months overhauling and de-risking the portfolio and despite particularly challenging global economic conditions we have increased returns to our investors.

"Asset selection has been a key contributor and the fund is consistently one of the top five liquidity funds in the IMMFA sector. Our aim is to continue to outperform the benchmark and our peers and offer a dynamic alternative to bank deposits for investors with short-dated cash balances."

The fund is also rated AAAm by Standard & Poor's.