What Rest does
Rest is a cash management platform for UK SMEs. Rest itself does not hold your money or manage a fund. When you fund your Rest account, we arrange for your cash to be invested in BlackRock Government Money Market Funds — funds managed by BlackRock, one of the world's largest asset managers, that hold short-dated UK government debt and other high-quality instruments. Execution and custody are provided by WealthKernel Ltd, an FCA-authorised firm.
What we're aiming for
Capital preservation
Invested in low-volatility, short-dated money market instruments designed to preserve principal.
Money-market yield
A yield that moves broadly with prevailing money market rates, after fees.
Daily liquidity
Redemptions are processed at the fund's dealing point, typically daily. Not same-day.
The main risks
- Your capital is at risk. The value of your investment can go down as well as up. You may get back less than you invested.
- This is not a bank deposit. The FSCS deposit protection scheme — which protects eligible bank and building society balances up to £120,000 — does not apply to money market fund investments.
- Returns are not guaranteed. Yield reflects money market conditions and changes with central bank rates. Past performance does not predict future returns.
- Liquidity can be restricted in stress. In extreme market conditions, redemptions from money market funds may be delayed or gated by the fund manager.
- Inflation risk. If inflation exceeds the yield on the fund, the real (inflation-adjusted) value of your money will fall over time.
- Counterparty risk. Rest relies on BlackRock (fund manager) and WealthKernel (custodian). A failure at either could affect your access to or the value of your investment.
Compensation and protection
Money invested through Rest is not covered by the FSCS deposit protection scheme that protects eligible bank and building society balances up to £120,000. FSCS investment protection — a separate scheme that may cover up to £85,000 in specific circumstances of authorised-firm failure — is narrower in scope than the deposit scheme and does not protect against falls in the value of your investment or losses within the fund itself.
Who Rest is for — and who it isn't
No advice
Rest Capital does not provide investment, tax, or financial advice. Nothing on this page or on our platform is a recommendation. If you are unsure whether Rest is right for you or your business, please speak to a suitably qualified independent adviser before investing.