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You should consider the investment objectives, risks and expenses of the Funds carefully before investing. The Funds’ prospectuses and, if available summary prospectuses, contain this and other information about the Funds and are available by calling our Client Service Center at 800-441-7450 or by visiting www.blackrock.com/cash. Please read the prospectus carefully before investing.
PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS.
Disclosures related to institutional prime and institutional municipal money market funds: You could lose money by investing in the Fund. Because the share price of the Fund will fluctuate, when you sell your shares they may be worth more or less than what you originally paid for them. The Fund may impose a fee upon sale of your shares or may temporarily suspend your ability to sell shares if the Fund's liquidity falls below required minimums because of market conditions or other factors. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.
Disclosures related to retail money market funds: You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The Fund may impose a fee upon sale of your shares or may temporarily suspend your ability to sell shares if the Fund's liquidity falls below required minimums because of market conditions or other factors. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.
Disclosures related to government money market funds: You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.
The Funds are actively managed, and their portfolio characteristics are subject to changes.
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BlackRock PPIP, L.P. - Luxury Expense Policy
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Dated: July 2017.
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The first step towards investing is learning the basics
A variety of hurdles keep people from taking control over their finances. Investment education helps you get closer to achieving your investment goals.
What are money market funds?
Everyone has a need for cash, but cash can mean different things to different people.
Short-term investing 101
A money market fund (MMF) is a type of mutual fund that invests in cash, cash equivalents and short-term debt securities. Think of MMFs as a cash management investment solution intended to offer portfolio diversification, liquidity and operational ease.
Go long on the short end
Every day investors evaluate fixed income, equity and alternative investment strategies for their portfolios. In addition to these strategies, we encourage investors to take a holistic approach to their cash and short duration investments.
Comparing bank deposits to money market funds
After a sustained period of rising interest rates, we've reached a juncture where rates are at their peak, often referred to as “Terminal Rates.” This, combined with events in the first quarter of 2023, further reinforces the value of diversification in cash investing.
What do terminal rates mean for cash management?
With expectations of central banks lowering rates this year, we see an opportunity for investors to actively manage their operational, core and strategic cash balances in an environment still rife with economic risks and uncertainty.
Spotlight on cash
Cash remains attractive amid a potential shift in rates. Money market funds will typically position their duration a little longer heading into a rate cut environment and will tend to outperform alternatives for overnight liquidity as a result.
Segregation of liability
This document provides information about the way in which the funds in BlackRock Liquidity Funds (the “Trust”) are held.
Capital at risk. All financial investments involve an element of risk. Therefore, the value of the investment and the income from it will vary and the initial investment amount cannot be guaranteed.
This material is provided for educational purposes only and is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are subject to change. References to specific securities, asset classes and financial markets are for illustrative purposes only and are not intended to be and should not be interpreted as recommendations. Reliance upon information in this material is at the sole risk and discretion of the reader. The material was prepared without regard to specific objectives, financial situation or needs of any investor.
This material may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, forecasts, and estimates of yields or returns. No representation is made that any performance presented will be achieved by any BlackRock Funds, or that every assumption made in achieving, calculating or presenting either the forward-looking information or any historical performance information herein has been considered or stated in preparing this material. Any changes to assumptions that may have been made in preparing this material could have a material impact on the investment returns that are presented herein. Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting a product or strategy.
The information and opinions contained in this material are derived from proprietary and nonproprietary sources deemed by BlackRock to be reliable, are not necessarily all-inclusive and are not guaranteed as to accuracy.
In the U.S., this material is for Institutional use only – not for public distribution.
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