Royal London BlackRock Euro Environmentally Aware Cash Fund

The RL BlackRock Euro Environmentally Aware Cash Fund mainly invests in Eurozone money market instruments such as short-term government bonds, commercial paper, certificates of deposit, term deposits and repurchase agreements. It aims to deliver a return broadly in line with current Eurozone money market rates. The fund also takes environmental and other characteristics into account when choosing investments.

No. The RL BlackRock Euro Environmentally Aware Cash Fund states that money invested is not protected or guaranteed. That means the value can go down as well as up, and there is no promise that an investor will get back the amount invested.

The RL BlackRock Euro Environmentally Aware Cash Fund is exposed to market fluctuations, capital returns risk, currency risk, counterparty risk, liquidity risk and sustainability risks. Currency risk means exchange-rate movements can affect returns when assets are held in different currencies. Counterparty risk means a trading partner, such as a bank or repo provider, could fail to meet its obligations.

The RL BlackRock Euro Environmentally Aware Cash Fund may suit investors looking for cash-style exposure in euro money markets with an environmental tilt. It is designed for those seeking a return in line with current money market rates in the Eurozone rather than higher-risk growth investments. Because the fund is not protected or guaranteed, it is not a substitute for a deposit account with guaranteed capital.

The RL BlackRock Euro Environmentally Aware Cash Fund incorporates environmental and other characteristics when selecting investments. In practice, that means BlackRock applies its environmentally aware approach to the cash and short-term fixed income instruments it holds. The fund therefore combines a money market focus with an ESG-aware selection process.