IS Liquidity Fund
Invest for three months or more and enjoy continuous and even capital growth.
Nominal return
Holding period
Fluctuation in returns
out of 7
Scale of risk and fluctuations in returns
- Type
- Inception
- 2009
- Currency
- ISK
- Holdings
- 8.7% Cash
- 14.5% Skuldabréf og víxlar annarra innlendra útgefenda
- 19.1% Bank bills and securities
- 40.9% Gov.guaranteed bills and securities
- 16.8% Bank deposits
Last changed: 1.10.2024
Fund objective
Continuous and even capital growth through investment in financial institution deposits and bills as well as bills or other short-term securities issued or guaranteed by the Icelandic Government.
Who should invest?
The fund is suitable for those who wish to invest for a short period. The estimated duration of the fund is 1 month to 1 year. The high proportion of deposits in the Fund's investment strategy and the short period of investment minimises fluctuations.
Price history
Fees & Transaction orders
- Minimum deposit
- ISK 10,000
- Minimum subscription
- ISK 5,000
- Purchase fee
- 0%
- Online banking and app discount
- 25%
- Subscription discount
- 50%
- Annual management fee
- 0,4%
- Service charge
- ISK 1,000
- Online banking and app discount
- 100%
- Settlement
- 1 business day (T+1)
- Cut off time
- 15:00 GMT
Further information about the fund
Disclaimers
General disclaimer regarding investment in funds
Investments in financial instruments always entail financial risks, such as the risk of little or no return or total loss of capital. Past performance is neither an indication nor a guarantee of future returns. Risk increases if the investment is financed by credit and returns can increase or decrease due to exchange rate volatility if assets are in foreign currency. Taxation of funds is assessed on an individual basis in accordance with current legislation and is subject to change.
Investors are advised to familiarise themselves with the available information on funds, including key information on risk factors, investment authorisations and the use of derivatives. Non-UCITs funds have broader investment authorisations than UCITs and can therefore entail more risk. Information on the funds is obtained from Íslandssjódir hf., which is the funds’ management company and a subsidiary of Íslandsbanki hf.
Information on this site is intended for information purposes only and should not be considered as an offer or advice on the purchase, sale or other allocation of certain financial instruments. The source of this information is considered reliable, but the accuracy or validity of the information cannot be guaranteed. The bank reserves the right to make changes to this information at any given time.
Exchange rate developments and returns
A fund management fee is included in the daily calculation of each fund’s exchange rate. Return for 12-month periods or longer is calculated on an annual basis. Shorter periods are not calculated on an annual basis but show price change instead. Return is based on the latest price listed and portrayed in the base currency of each fund.