Morningstar Fund Report  | 10/04/2025Print

State Street USD Liquidity LVNAV Fund Distributor Stable NAV shares

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
State Street USD Liquidity LVNAV Fund Distributor Stable NAV shares
Fund1.014.5-0.87.2-1.9
+/-Cat0.10.40.70.60.1
+/-B’mrk0.00.00.00.00.0
 
Category: USD Money Market - Short Term
Category Benchmark: Morningstar USD 1M Cash TR USD
Key Stats
NAV
09/04/2025		 USD 1.00
Day Change 0.00%
Morningstar Category™ USD Money Market - Short Term
ISIN IE00BBT33L84
Fund Size (Mil)
09/04/2025		 USD 27669.27
Share Class Size (Mil)
-		 -
Max Initial Charge -
Ongoing Charge
07/10/2024		  0.20%
Investment Objective: State Street USD Liquidity LVNAV Fund Distributor Stable NAV shares
The objective of the Fund is to maintain a high level of liquidity, preserve capital and provide a return in line with US money market rates.
Returns
Trailing Returns (GBP)09/04/2025
YTD-0.76
3 Years Annualised5.09
5 Years Annualised2.20
10 Years Annualised3.37
12 Month Yield 4.92
Dividend Paying Frequency Monthly
Management
Manager Name
Start Date
Todd Bean
01/02/2000
Sean Lussier
01/02/2000
Inception Date
22/07/2014

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE Treasury Bill 1 Mon USDMorningstar USD 1M Cash TR USD
Portfolio Profile for  State Street USD Liquidity LVNAV Fund Distributor Stable NAV shares28/02/2025
Fixed Income
Effective Maturity-
Effective Duration-
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond2.030.002.03
Property0.000.000.00
Cash98.630.6697.97
Other0.000.000.00
Growth Of 1000 (GBP) 31/03/2025
Fund:  State Street USD Liquidity LVNAV Fund Distributor Stable NAV shares
Category:  USD Money Market - Short Term
Category Index:  Morningstar USD 1M Cash TR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return8.27-1.72-2.560.9714.46-0.767.19-1.92
+/- Category0.270.340.090.060.440.650.630.13
+/- Category Index-0.04-0.02-0.010.00-0.010.05-0.030.01
% Rank in Category4036342325302828
Trailing Returns (GBP)09/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.00   -0.02-0.01
1 Week1.64   -0.06-0.08
1 Month1.68   0.04-0.02
3 Months-2.52   0.120.01
6 Months4.83   0.270.04
YTD-0.76   0.05-0.09
1 Year4.37   0.590.04
3 Years Annualised5.09   0.54-0.02
5 Years Annualised2.20   0.36-0.01
10 Years Annualised3.37   0.23-0.07
 
Category: USD Money Market - Short Term
Category Index: Morningstar USD 1M Cash TR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-1.92---
20242.271.27-4.508.38
2023-1.61-1.535.53-2.94
20222.888.619.38-6.34
2021-0.88-0.132.45-0.45
20207.240.43-4.34-5.42
 
 
 
Morningstar Rating™(Relative to Category)-
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-Year--Not Rated
5-Year--Not Rated
10-Year--Not Rated
Overall--Not Rated
 
Category :  USD Money Market - Short TermClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev8.26 %
3-Yr Mean Return5.45 %
 
3-Yr Sharpe Ratio0.16
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar USD 1M Cash TR USD  Morningstar USD 1M Cash TR USD
3-Yr Beta0.850.85
3-Yr Alpha-0.02-0.02
 
Fixed Income Style-
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)USD 29166
Maturity Distribution %
1 to 30.00
3 to 50.00
5 to 70.00
7 to 100.00
10 to 150.00
15 to 200.00
20 to 300.00
Over 300.00
Effective Maturity-
Effective Duration-
Credit Quality Breakdown %     %
AAA -   BB-
AA-   B-
A-   Below B-
BBB-   Not Rated-
 
Category: USD Money Market - Short Term
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock0.000.000.00
Bond2.030.002.03
Property0.000.000.00
Cash98.630.6697.97
Other0.000.000.00
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings0
Total Number of Bond Holdings4
Assets in Top 10 Holdings16.53
NameSectorCountry% of Assets
RBC DOMINION SECURITIES TRI PA TRI PA... Canada2.74
AUSTRALIA AND NEW ZEALAND BANK TD - 0... Australia2.14
CITIBANK N.A. TD - 03Mar25United States1.89
KBC BANK NV TD - 03Mar25Belgium1.71
ROYAL BANK OF CANADA TD - 03Mar25Canada1.71
ABU DHABI INTERNATIONAL BANK I TD - 0... 1.40
ERSTE BANK DER OESTERREICHISCH TD - 0... United States1.37
SKANDINAVISKA ENSKILDA BANKEN TD - 03... Sweden1.37
GOLDMAN SACS TRI PARTY D REPOUnited States1.17
ING BANK NV TD - 05Mar25Netherlands1.03
 
Increase Decrease New since last portfolio
Category: USD Money Market - Short Term
 
Management
Name of CompanyState Street Global Advisors Europe Limited
Phone+353 1 776 3000
Website -
Address78 Sir John Rogerson’s Quay
 Dublin   D02 HD32
 Ireland
DomicileIreland
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date22/07/2014
Fund Advisor(s)
State Street Global Advisors Europe Limited
Fund ManagerTodd Bean
Manager Start Date01/02/2000
Career Start Year1996
Education
St. Lawrence University, B.A./B.S.
Northeastern University, M.S.
 
Biography
Todd Bean, CFA, is a Vice President of State Street Global Advisors (“SSGA”) and the Adviser and Head of U.S. Traditional Cash Strategies in the U.S. Cash Management Group within the Global Fixed Income, Cash and Currency Team. He began his career at State Street Corporation in 1999, joining the firm as an analyst in the firm’s custody and accounting area. Following a period on the cash operations staff, Mr. Bean joined the Cash Management Group as a portfolio manager in 2004. He received Bachelor’s degrees in Economics and Government from St. Lawrence University and a Master of Science in Finance from Northeastern University. He has earned the Chartered Financial Analyst (CFA) designation and is a member of CFA Society Boston, Inc.
Fund ManagerSean Lussier
Manager Start Date01/02/2000
Education
Massachusetts College of Liberal Arts, B.S.
 
Biography
Sean Lussier is a Vice President of SSGA and SSGA FM and a Senior Portfolio Manager in the North America Cash Management Group within the Global Fixed Income, Cash and Currency Team. He has experience in managing registered taxable and tax-exempt money market funds, as well as US and Canada domiciled separately managed cash and securities lending mandates. He has also been a member of the Global Fixed Income Beta Solutions Group and was responsible for the transition and management of several Canadian Passive Fixed Income strategies. Prior to joining SSGA, Mr. Lussier worked as an Account Manager at State Street Bank &Trust where his primary responsibilities were the custody and accounting operations of the SSGA Money Market and Securities Lending Collateral accounts. He holds a Bachelor of Science degree from Massachusetts College of Liberal Arts.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Chargen/a
Ongoing Charge0.20%
Purchase Details
Minimum Investments
Initial5000000  USD
Additional5000  USD
Savings-
Tax Free Savings Schemes
ISAsYes