Aviva Investors US Dollar Liquidity Fund W Inc

OBJECTIVES AND INVESTMENT POLICY The investment objective of the Fund is to offer returns in line with money market rates and preserve the value of the investment. The performance of the Fund will be benchmarked against the Secured Overnight Financing Rate (SOFR). The Fund is an LVNAV Short Term Money Market Fund. The Fund is actively managed and its investments will include fixed or floating rate instruments including but not limited to commercial paper, term deposits, floating rate notes, certificates of deposit, freely transferable promissory notes, debentures, asset-backed securities and bonds. These can be issued or guaranteed as to principal or interest by sovereign governments, their agencies and instrumentalities, supranational entities and US and non-US corporations and financial institutions. These investments can be issued from markets around the world but will be priced in US Dollars. The Fund may invest up to 10% of its Net Asset Value in other Short Term Money Market Funds. The Fund may also hold ancillary liquid assets such as bank deposits. The Fund's investments will have an average weighted maturity of 60 days or less. The maximum residual maturity until legal redemption of investments will be 397 days. The Investment Manager intends to manage the Fund according to its classification as a Short Term Money Market Fund and the restrictions imposed by recognized rating agencies in order to maintain an overall credit rating of AAA which may include where applicable ensuring that the Fund's investments may have such ratings as may be required from time to time by the relevant rating agency to maintain the credit rating, or if unrated, be deemed to be of comparable quality by the Investment Manager. The Fund promotes environmental and social characteristics however does not have a sustainable investment objective. To be eligible for investment, all investment that are selected as part of the Investment Manager's ESG analysis must follow good governance practices and not be excluded by the Investment Manager's ESG Baseline Exclusions Policy or other issuer screening criteria. It may however not be possible to perform ESG analysis on investments used for hedging and efficient portfolio management purposes. The Investment Manager integrates qualitative and quantitative data on adverse sustainability impacts into its investment processes. The ESG analysis and considerations described are incorporated into the investment process but may not always have a material impact on investments in the Fund. Further information regarding how the Investment Manager integrates ESG into its investment approach (including information on its ESG Baseline Exclusions Policy) and how it engages with companies is available in the Prospectus and on the Manager's website at www.avivainvestors.com You can buy and sell shares on any day that US bond markets are open for business. This is an income share class and any distributions from the Fund will be paid to you. For full investment objectives and policy details please refer to the Prospectus.