Dynamic LCR Explorer
The Dynamic LCR measures whether the fund has enough accessible assets to cover what it might suddenly owe during a period of market stress. A score above 1.0 means the fund could survive the stress period without being forced to sell assets at bad prices. Unlike a fixed ratio, the Dynamic LCR changes as assumptions about markets, asset values, and obligations change.
Assumption dials
How much do we count our assets as worth under stress?
When markets fall, not all assets can be sold at face value. These assumptions control how much of a discount we apply.
How bad do we assume the shock will be?
These are the market moves we plan to be able to survive. More severe assumptions mean we need to hold more liquidity.
How much do we plan for private market obligations?
Private investments can require sudden cash payments. These assumptions control how much we plan for.
Start with a scenario:
Your Dynamic LCR
Moderate
The fund is operating with a moderate liquidity buffer. Small changes in market conditions could push this lower — use the dials to explore what drives the score.
Estimated annual return foregone from holding this excess: ~$18M
Illustrative only — assumes 0.5% annual drag on capital held above the minimum threshold.
Equivalent coverage: ~6.5 months of stressed outflows from liquid assets alone.
Formula breakdown
What makes up your score
What's driving the change?
All assumptions are at their default values.