Investment Objective
The Fund’s objective is to seek a high level of current income, consistent with capital preservation and liquidity, by investing primarily
in US denominated short-term debt instruments.
The Sub-Advisor
Western Asset Management Company manages the Liquid Reserves Portfolio, the U.S. Registered investment company in which Citi Institutional Liquid Reserves, Ltd. invest substantially all of its assets. The net assets are in excess of $40.8 billion.
Portfolio Characteristics
Average Maturity
50 days
Minimum Credit Quality
A1 / P1
Maximum Average Fund Maturity
90 days
Maximum Concentration per Issue
5.0%
Maximum Concentration per Issuer
5.0%
Portfolio Holdings
U.S. Treasury
CD's
Time Deposits
BA's
Commercial Paper
Agencies
Repo's from approved counterparties
Sector Allocation
SECTOR
% PORTFOLIO
Marketable Bank Obligations
36.5
Commercial Paper
28.2
Time Deposits
15.4
US Gov't Agency
12.1
Corporate Notes /
Medium Term Notes
5.8
Supranationals
2.0
* The Annual Return represents the fund’s actual return net of all monthly fees and expenses.
