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Fidelity Institutional Liquidity Fund plc

The Fidelity Institutional Liquidity Fund plc ("ILF") is an open-ended investment company organised in the form of an umbrella fund, providing a range of Institutional Money Market Funds that invest in a diversified range of short term instruments.

What is it?

The ILF is an Irish domiciled fund. It is authorised by the Central Bank of Ireland (the "Central Bank")  as an authorised UCITS under the European Communities (Undertakings for Collective Investments in Transferable Securities) Regulations 2011.

The ILFs are short-term LVNAV money market funds and offered in three currency funds, The Sterling Fund, The Euro Fund and The United States Dollar Fund. Shares available include accumulating and flex distributing classes.

The funds of the ILF are same day settlement funds and offer multiple cut-off times throughout the day. Further details on dealing cut-off times for the ILF can be obtained in the prospectus and in the cut-off times grid.

Trading Deadline

USD EUR GBP
*07:00 *11:00 *11:00
**11:00 **13:30 **13:30
**15:00    
**18:00    
***21:00    

* Interim cut off for in good order automated trades
** Interim cut off
*** Final cut off

The minimum initial subscription is USD 100K, EUR 100K, GBP 100K & minimum subsequent subscription and redemption is USD 10k, EUR 10k, GBP 10k as per the latest ILF prospectus.

Upon acceptance of the requisite account opening documentation, you will be issued an account number within 24 hours following this acceptance. This number should then be quoted when placing your initial order and every subsequent order thereafter.

Once your account is open, deals can be placed by phone, fax, SWIFT, and Clearstream/Vestima+. Please note when dealing by SWIFT, the first deal needs to be placed by telephone or fax.

Sustainability-Related Disclosures

Literature

Key Investor Information Document (KIID)

Announcement: EU Sanctions following Russia’s military aggression against Ukraine

Fidelity International is committed to the fight against financial crime and makes every effort to remain in full compliance with all applicable financial crime related laws, regulations, and standards in all of the jurisdictions in which we operate.

This includes complying with applicable sanctions laws and regulations issued regarding Russia and Belarus. As a matter of policy and in line with our clients’ and counterparties’ expectations, we will continue to implement the highest applicable level of sanctions compliance for our customers, funds, and investment vehicles.

Specifically, EU domiciled investment funds of Fidelity International (“Impacted Funds”) are required to comply with the prohibitions imposed by Council Regulation (EU) No 833/2014 of 31 July 2014 concerning restrictive measures in view of Russia's actions destabilizing the situation in Ukraine, as amended (the “Regulation 833/2014”), in particular by Council Regulation (EU) 2022/328 of 25 February 2022 amending Regulation No 833/2014 as well as the Council Regulation (EU) 2022/398 of 9 March 2022 amending Regulation (EC) No 765/2006 concerning restrictive measures in view of the situation in Belarus and the involvement of Belarus in the Russian aggression against Ukraine.

As a consequence, these Impacted Funds will no longer accept new investors or subscriptions of existing investors that are a Russian/Belarusian nationals or natural persons residing in Russia/Belarus or any legal person, entity or body established in Russia/Belarus as per Article 5f of the aforementioned regulation (“Affected Persons”). This restriction does not apply to EU nationals or to Russian/Belarusian nationals having a temporary or permanent residence permit in an EU Member State.

As per FAQ of the European Commission the purpose of the measure is to limit access to Russia entities and persons in Russia and to avoid circumvention of other refinancing prohibitions which are set out in the same Regulation.

Based on the above established policy, starting from 12 April 2022, Fidelity International expects its distribution network to act in accordance with the above.