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LVNAV stands for Low Volatility Net Asset Value. LVNAV MMFs are a particular type of Money Market Funds used to preserve the value of your money and deliver growth in line with money market rates. Short-term MMF invest in very liquid instruments that have a weighted average maturity of 60 days and other strict liquidity rules. LVNAV MMFs seek to maintain the share price constant by monitoring closely the composition and the valuation of the underlying instruments in accordance with Money Market Funds Regulation (Regulation (EU) 2017/1131). All these characteristics make short-term LVNAV MMFs low-risk investments with high liquidity.