Following the announcement that the European Central Bank will lower eurozone interest rates, the fund managers of both the HSBC Euro Liquidity Fund and the JPM Euro Liquidity Fund have decided now to close these funds to all new business.
The funds have been replaced with the Investec GSF Euro Money Fund and all premiums have been redirected to this.
If you held either of the 2 closed funds and haven’t already done so, it would be worth contacting your financial adviser to ensure that the replacement meets your objectives.
