The UK Money Market Fund is a low-risk investment that aims to keep your money safe while earning a small, steady return. It does this by lending to the UK government and large, well-known companies for very short periods—often just a few weeks or months. It’s designed to protect your capital and let you take your money out easily when needed.
This fund could be a good option if you want a place to hold cash without taking on much risk.
The fund mostly lends to the UK government and large financial institutions, like major banks. It doesn’t invest in shares or riskier companies. Instead, it spreads your money across many stable borrowers to reduce risk while aiming to keep your returns steady.
Flowixed-income investments lend money to governments or companies in exchange for regular interest. They aim to protect your capital and provide steady returns, and are generally lower risk than shares. Some focus on very short-term lending for stability, while others invest in longer-term bonds for slightly higher income.
HSBC Asset Management is part of the wider HSBC Group, boasting over 50 years experience and managing $600 billion (2024).
HSBC focuses on bringing investors a low-cost range of investment products, with particular strength in global equity and ESG offerings.
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iShares ETFs are managed by BlackRock, the world’s largest asset manager, with over three decades of experience in index investing. The team applies rigorous quantitative research and disciplined risk management to deliver diversified, cost-effective market exposure.
With a strong emphasis on transparency and innovation, iShares products are built to support efficient, long-term investment strategies.
BlackRock is the world’s largest asset manager. Founded in 1988, it provides a wide range of investment products and services to institutions, financial professionals, and individual investors worldwide.
Invesco is a global asset manager with over $1.4 trillion in assets (2024). They offer over 240 ETFs, covering equities, fixed income, commodities and thematics.
Founded in 1935, Invesco brings 90 years of experience creating reliable, investor-first solutions.
Vanguard has been providing investment solutions to everyday investors since the 1970s. Today, it manages $10 trillion for over 50 million investors worldwide (2024), sticking to a philosophy of low costs, transparency, and long-term thinking.
State Street Investment Management launched its first ETF in 1993, and has been managing client assets for 47 years. As of March 2025, State Street’s Investment Management division holds $4.67 trillion in assets under management, is the third largest ETF provider and fourth largest asset manager in the world.
Established in 1836, Legal & General (L&G) manages over £1 trillion in assets across equities, bonds, real assets, and multi-asset products. Their asset management arm manages over £517 billion across more than 400 index solutions.
WisdomTree is a global asset manager based in New York. With $116 billion under management (as of April 2025), they are a trusted provider of over 260 ETPs (Exchange Traded Products).
Their investment product philosophy seeks to use unique research to provide investors access to traditionally inaccessible asset classes.
No hidden fees, or fees that will grow over time. You won’t pay more to invest more with Chip X.*
We keep it simple with a curated range of funds from some of the world’s biggest asset managers.
Set up recurring deposits directly into your chosen funds and save the payday admin.
Our Dual Track feature lets you choose from three risk levels, or create your own portfolio from a curated range of funds.
Step 1
Enjoy tax-free returns with a Stocks & Shares ISA and invest without limits with a General Investment Account.
Step 2
Choose to do it yourself and pick your own funds, or choose from our three ready-made options.
Step 3
Easily access your portfolio at your fingertips, and set up recurring deposits to build wealth for the future.
Avg. annual returns
30/06/2020 - 30/06/2025
+
-0.58%
-
-0.58%
Fund Provider
iShares
Management Charges
0.07%
Risk level
2 of 7
Category
Bonds
Region
United States of America
This UK Money Market Fund is rated as a lower risk investment (2). It lends your investment to highly rated borrowers and holds very short-term loans which reduces risk and volatility.
No. This is an accumulating fund, meaning any returns generated are automatically reinvested for you. This reinvestment type is best suited for investors seeking long-term growth on their investment.
While the risk rating is low, money market funds are not guaranteed like a savings account. The value of your investment could go down slightly in rare cases, but they’re designed to stay stable.
Unlike a savings account, which earns a set interest rate paid by the provider, a money market fund invests your money in low-risk assets to generate returns. That means any earnings come from the performance of those investments, not a guaranteed rate, so while returns may be higher, they can also vary.
Unlike a savings account, which earns a set interest rate paid by the provider, a money market fund invests your money in low-risk assets to generate returns. That means any earnings come from the performance of those investments, not a guaranteed rate, so while returns may be higher, they can also vary.
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