Welcome to Federated Prime Rate

Federated Prime Rate Capital Management LLP (Prime Rate) is a UK based subsidiary of Federated Investors, Inc,. It is a specialist provider of institutional liquidity and fixed income products and is authorised and regulated by the Financial Services Authority. Federated Investors, Inc is one of the largest investment managers in the United States.

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Latest News

Alert

We have been informed that a fraudulent company calling itself 'Prime Management' is using our address as part of a cold calling scam. If you are contacted by them please alert the police using their dedicated website www.actionfraud.police.uk and do not hesitate to let us know.

Federated Prime Rate Capital Management LLP

On 13 April 2012, Federated Investors, Inc (NYSE:FII), one of the largest investment managers in the United States, completed its acquisition of Prime Rate Capital Management LLP. The business name is now Federated Prime Rate Capital Management LLP. The transaction, first announced in December 2011, is part of Federated Investors' global strategy of increasing its presence in European and international markets.

Reflecting this change we have changed our corporate name to Federated Prime Rate Capital Management LLP and our fund names to Federated Prime Rate Cash Management Funds. Please see the announcement below.

We are making some changes to our Isle of Man funds. Please see the notification to shareholders below.

Prime Rate Capital Management LLP is delighted to announce that it has won four awards in the iMoneyNet Annual Awards 2012.

In the face of challenging market conditions and tough competition, Prime Rate picked up two awards for its Sterling fund and two awards for its US Dollar fund, as outlined below.· Top Manager Award (of 17) for highest gross return for 2011 for Sterling funds over £1bn· Prime Rate Sterling Liquidity Fund/Class 3 was presented with an Award (of 54) for the Highest Net Return.· Top Manager Award (of 11) for highest gross return for 2011 for US Dollar funds between €100m-€1bn· Prime Rate US Dollar Liquidity Fund/Class 3 was presented with an Award (of 118) for the Highest Net Return.Once again, these awards have demonstrated the excellent performance of our portfolio management team.

Latest yields

The latest yields at close of business on 17/05/12 for share class 3 for our UK Liquidity Funds are shown below.

Sterling Liquidity Fund 0.7612%

Euro Liquidity Fund 0.4606%

US$ Liquidity Fund 0.3780%

The latest yields at close of business on 17/05/12 for share class 4 for our UK Liquidity Funds are shown below.

Sterling Liquidity Fund 0.7114%

Euro Liquidity Fund 0.4106%

US$ Liquidity Fund 0.3281%

The latest prices at close of business on 17/05/12 for our Sterling Cash Plus Fund is shown below.

Sterling Cash Plus Fund Class 2 1.0076

Sterling Cash Plus Fund Class 3 1.0073

April Fact Sheets

Our funds have performed strongly, both against their peers and against market rates. Please click on the links below to download the latest fact sheets.

Alerts

Fraudulent/Cloned Websites & Identities

It is Federated Prime Rate's objective to always provide a professional service to its clients, acting with integrity at all times. It is highlighted to clients, investors and other parties, that although financial services groups in the UK, such as Federated Prime Rate are regulated, the financial flows and opportunities inevitably attract fraudsters to the industry. The fraudsters will usually promote 'get rich quick schemes' such as boiler room scams, ponzi schemes etc. The Financial Services Authority ("FSA") publicises such schemes in order to increase public awareness. One prevalent methodology is for the fraudsters to copy/clone a legitimate, regulated firm's identity. The FSA has stated that in 2011, there were 419 reports made to them in relation to cloned identies of FSA authorised firms. This is usually done by the creation of a copycat website, with the addition of fraudulent details, such as an office that does not exist, false contact details and/or staff who are not employed by the legitimate firm. The fraudster will claim that the legitimate company is promoting for example a fund's units/share. These units/shares are likely to be worthless either currently or in the near future.

If you ever have any doubt as to the legitimacy of individuals claiming to be or to be linked to Federated Prime Rate you should conatct us directly. Our contact information and indentity can be checked on the FSA's website, listed under the FSA register. The FSA's website is www.fsa.gov.uk

Further information can also be found in the Consumer Information section of the FSA's website.

Please also alert the police using their dedicated web site, www.actionfraud.police.uk

Updated May 2012