A money market fund is a low-risk investment aiming to give you a slightly higher return than cash.

Instead of investing in bonds or shares, like most funds, it invests in short-term debt. The BlackRock ICS Sterling Liquidity Fund buys short-term debt from governments, banks and companies with strong balance sheets and high credit ratings and earns a return in interest paid.

This makes a money market fund a stable, low-risk investment because the short timeframes mean there’s less uncertainty. And it’s also more diversified than holding cash at one bank.

The fund is designed to produce a rate close to that of the Bank of England rate and will be sensitive to a change in interest rates. If interest rates fluctuate, the returns of the portfolio may be affected. A change in rates could result in a higher or lower returns than expected.

By investing in Spring Money+ you will be charged a tiered annual fee of 0.10% up to 0.30% depending on the value of your investment with us covering Spring’s annual fee. Platform and custody charges also apply. There is an additional 0.10% fund management fee for BlackRock. The fund value is automatically updated to reflect BlackRock’s fee, so you won’t see it as a separate charge. Please note, bank charges may apply.

Yes, we are licensed and regulated by the Jersey Financial Services Commission (JFSC).

Even though it's a low-risk investment, there's still a chance the value of your investment could fall. It is different from a fixed rate deposit in that the value of an investment in a money market fund may fall or rise and you may get back less than you invested. Liquidity cannot be guaranteed as money market funds do not rely on external support for guaranteeing the liquidity or stabilising the Net Asset Value (NAV) per share.

There are many benefits associated with Spring Money+ including the liquidity and relative stability of returns from an investment considered to be low-risk.

Costs are low compared to other investment solutions, our annual management is offered on a tiered basis:

• £1000+ to £25,000 – 0.30%

• £25,000+ to £100,000 – 0.25%

• £100,000+ to £150,000 – 0.20%

• Investments over £150,000 will be charged at 0.10%

plus the cost of the underlying funds – equal to 0.1%.

An added bonus is that you can choose to exit or move your cash into your portfolio whenever you like and what’s more, compared to traditional savings accounts, Spring Money+ allows you to benefit from a high-interest rate environment whilst giving you greater flexibility and control over your finances.  

By investing in the Blackrock ICS Sterling Liquidity Fund with Spring Money+, we do not provide you with financial advice for this solution, this means we are not recommending an investment type or investment style for you and you are responsible for making these decisions.

Spring invest your money in the Blackrock ICS Sterling Liquidity Premier Fund, a regulated UCITS structure, domiciled in Ireland. Spring carry out regular analysis and due diligence on the fund to ensure the fund meets the needs and objectives of our clients.