Who is the fund manager, and what types of funds are offered?
Money added to Flexible Accounts is invested in Short-term Low Volatility Net Asset Value (LVNAV) money market funds (MMFs). The MMFs you invest in through Flexible Accounts are sub-funds of Fidelity Institutional Liquidity Fund plc, an open-ended umbrella fund authorised by the Central Bank of Ireland (CBI, registration number: 235175).
The Fund manager is FIL Investment Management (Luxembourg) S.A., Ireland Branch, which is authorised by the Commission de Surveillance du Secteur Financier (CSSF, registration number: S00000593, CBI registration number: C137514). Both entities are part of Fidelity group, one of the largest asset managers. Flexible Account invests in Class R Flex Distributing shares in the USD Fund (ISIN IE000H9J0QX4).
For further information on the MMFs, please refer to the Fund's Prospectus and the respective Key Information Document (KID) available on their website.