Funds maintain top S&P Rating

Thomas Miller Investment (Isle of Man) Limited, a member of the 129 year old Thomas Miller Group of companies, is delighted to announce that the TMI Sterling Liquidity Sub-Fund and the TMI US Dollar Liquidity Sub-Fund have both maintained their Standard & Poor’s (S&P) ‘AAAf’ fund credit quality rating and ‘S1+’ fund volatility rating following the annual review of the funds by S&P.

The funds "AAAf" rating signifies the strong protection that the fund's portfolio holdings provide against losses from credit defaults, and is the highest possible credit rating assigned by S&P. The funds "S1+" volatility rating recognises that the fund demonstrates low sensitivity to changing market conditions, and it is the lowest possible volatility rating S&P can assign.

Carolyn Gelling, Head of Collective Investment Funds, Thomas Miller Investment says:
“The fact that these funds have maintained top ratings and first quartile performance against a continued testing backdrop for cash and liquidity investments is testament to the continued work of strong investment research and a credit committee process that provides clients with a diversified and risk adjusted return profile on their investments.”

The Manager of TMI Liquidity Fund PLC is Abacus Financial Services Limited, incorporated in the Isle of Man No. 69975C. Business Address: 1st Floor, Sixty Circular Road, Douglas, Isle of Man, IM1 1AE. The Manager is the holder of a Financial Services Licence issued under section 7 of the Financial Services Act 2008 of the Isle of Man and is licensed by the Isle of Man Financial Supervision Commission. The investments are managed by Thomas Miller Investment (Isle of Man) Limited, holder of a Financial Services Licence issued under section 7 of the Financial Services Act 2008 and licensed by the Financial Supervision Commission of the Isle of Man. TMI Liquidity Fund PLC has elected to be a Type A Scheme for the purposes of the Authorised Collective Investments Schemes Regulations 2010 and is a recognised Fund in the UK under section 272 of the Financial Services and Markets Act 2000. Investors in the Fund have the protection of the Isle of Man Authorised Collective Investment Schemes (Compensation) Regulations 2008 in the event of the Manager or the Fiduciary Custodian being unable to satisfy claims against them in respect of any civil liability incurred in connection with their business. The Rules made under the Financial Services and Markets Act 2000 in the UK for the protection of private customers do not apply, and the compensation scheme applying in the UK will not be available to investors in the Fund. Further information and a copy of the Funds’ Scheme Particulars are available from the Manager and Investment Manager.

This release has been prepared for information purposes only and only for those jurisdictions in which the TMI Liquidity Fund PLC may be marketed. It is not a solicitation, or an offer, to buy or sell any security. Past performance cannot be relied on as a guide to the future. Income from investments may fluctuate. Investors may not get back the value of their original investment. Changes in exchange rates may have an adverse effect on the value, price or income of foreign currency denominated securities. These funds may not be suitable for all recipients.

Standard & Poor’s Fund Ratings represent an opinion only, not a recommendation to buy or sell.
Unless otherwise stated, information contained within this fact sheet is deemed to be provided by Thomas Miller Investment.