LGIM US Dollar Liquidity Fund 1 USD/  IE00B3ZKBR99  /

To provide capital stability and a return in line with money market rates whilst providing daily access to liquidity and providing an income. The Fund seeks to maintain a AAA rating, which is the highest fund rating available. ? The Fund invests in US dollar based assets which are issued by governments, high quality banks and companies. ? These investments are deposits, short-term debt securities and money market instruments that mature within 397 days and have been awarded one of the two highest available short-term credit ratings by each recognised credit rating agency. ? These short-term debt securities and money market instruments include bonds, certificates of deposits, commercial paper, floating rate notes and treasury bills. The Fund may invest in deposits with credit institutions. ? The instruments can earn fixed or variable rates of interest. ? The Fund may enter into reverse repurchase agreements (an agreement where one party receives securities or title to securities from the other party and agrees to sell them back at a future date). ? The Fund may also invest in eligible short-term securitisations (financial instruments whose return is based on the cash flows collected from the underlying pooled contractual debt, such as mortgages or loans) and asset backed commercial paper (commercial paper backed by collateral such as expected payments due to the issuer). The Fund is actively managed. Solely by virtue of the fact that it uses the Secured Overnight Financing Rate (SOFR) (the "Comparator") for performance comparison purposes, the Fund is considered to be actively managed in reference to the Comparator. ? The Fund is a Short-Term Low-Volatility Net Asset Value (LVNAV) Money Market Fund as defined by regulation (EU) 2017/1131 of the European Parliament. The fund uses mark-to-market accounting and where appropriate amortised cost methods. Valuations may fluctuate according to market interest rates, changing credit spreads and other credit events. ? The Fund is designed for investors looking for capital stability from an investment in USD based short-term instruments and deposits. However the Fund is not a guaranteed investment. ? This Fund may be appropriate for investors looking to invest for a short period of time and may not be appropriate for investors who seek long-term capital growth. ? If you do not understand this document we recommend you seek additional information to help you decide if this Fund is right for you. ? Shares can be bought, sold or switched on any business day. ? The Fund's base currency is denominated in US dollar (USD). ? Income from investments will be distributed monthly as additional shares or alternatively paid in cash provided this is requested upon application.

To provide capital stability and a return in line with money market rates whilst providing daily access to liquidity and providing an income. The Fund seeks to maintain a AAA rating, which is the highest fund rating available. ? The Fund invests in US dollar based assets which are issued by governments, high quality banks and companies. ? These investments are deposits, short-term debt securities and money market instruments that mature within 397 days and have been awarded one of the two highest available short-term credit ratings by each recognised credit rating agency. ? These short-term debt securities and money market instruments include bonds, certificates of deposits, commercial paper, floating rate notes and treasury bills. The Fund may invest in deposits with credit institutions. ? The instruments can earn fixed or variable rates of interest. ? The Fund may enter into reverse repurchase agreements (an agreement where one party receives securities or title to securities from the other party and agrees to sell them back at a future date). ? The Fund may also invest in eligible short-term securitisations (financial instruments whose return is based on the cash flows collected from the underlying pooled contractual debt, such as mortgages or loans) and asset backed commercial paper (commercial paper backed by collateral such as expected payments due to the issuer).