About Us
TMI Liquidity Fund PLC (the "Fund") is an "open-ended investment company" and an "authorised scheme" for the purposes of the Collective Investment Schemes Act 2008 (of the Isle of Man) and complies with the requirements of the Authorised Collective Investment Schemes Regulations 2010 (of the Isle of Man) (the "Regulations")
The Fund is an 'umbrella fund' for the purposes of the Regulations and currently has three sub-funds, namely the:
- TMI Sterling Liquidity Sub-Fund
- TMI US Dollar Liquidity Sub-Fund
- TMI Euro Liquidity Sub-Fund
The Fund has elected to be a Type A Scheme for the purposes of the Regulations. The Fund is subject to compensation arrangements set out in the Authorised Collective Investment Schemes (Compensation) Regulations 2008 (of the Isle of Man), further details of which are available from Portal Fund Adminstration Limited upon request.
All three sub funds have received a 'AAAf' fund credit quality rating and an 'S1+' volatility rating by Standard and Poor's; a measure of the care and attention paid to their management and to the high level of protection offered to investors.
TMI Liquidity Fund PLC currently has US$310million under management as at the end of May 2011.
LATEST NEWS
26th January 2012
- Yesterday stocks erased overnight losses and then some after a more dovish than expected Fed signaled rates would likely remain low at least through late 2014
- US House Price Index for November 1.0% m/m – higher than expected.
- Germany Backs ECB in Rejecting Lagarde’s Call to Take Losses on Greek Debt
21st November 2011
- The S&P 500 traded in a narrow range and ended flat on the session at 1215.65 on Friday; down 3.8% on the week as concerns about spillover effects from the Eurozone crisis weighed on sentiment, overshadowing more signs this week of a pick-up in US economic activity in Q4; the Citigroup US economic surprise index rose to the highest levels since early-April; in Europe the major stock indices of Italy, Portugal and Spain rose slightly on Friday, but the broad Stoxx 600 lost 0.8% to bring the week’s decline to 3.7%
- The euro rose 0.4% on Friday to 1.351 and slightly pared the week’s loss to 1.9%
- UK PM Cameron said a credible firewall is needed for the Eurozone and that all institutions should stand behind the currency; the European Commission’s request for 5% increase in EU budget is not acceptable
18th November 2011
- Equities declined broadly across sectors in the Euro area and US led by commodity-related shares, industrials and financials; the S&P 500 fell 1.7% to 1216.13, below the 100dma and at the lowest close since 20Oct; Europe’s Stoxx 600 declined 1.3% led down by basic materials (-2.3%) and financials (-2.1%)
- EUR/USD moved higher after US jobless claims came in lower-than-expected, but pared gains by the US close to end flat at 1.347, remaining at the lowest level in more than a month; the yen outperformed on the session, up across the board versus major currencies – USD/JPY fell 0.1% to 77.00; Cable rose slightly to 1.576
- UK retail sales rose again in October, confounding signals from the other survey measures of retail activity and the depressed levels of consumer confidence; sales rose 0.6% versus a downwardly revised gain of 0.5% in September (originally +0.6%); exceeding the consensus forecast of -0.3%; sales excluding auto fuel were up at a steady pace of 0.6%MoM; according to the Office of National Statistics, “feedback from retailers suggests that the monthly increase…was a result of pre-Christmas sales and in store promotions”
