Key Information Document

Purpose
This document provides you with key information about this investment product. It is not marketing
material. The information is required by law to help you understand the nature, risks, costs, potential gains
and losses of this product and to help you compare it with other products.

BNY Mellon U.S. Treasury Fund

Service (IE0030624948)
a sub-fund of BNY Mellon Liquidity Funds plc
BNY Mellon U.S. Treasury Fund is authorised in Ireland and regulated by the Central Bank of Ireland.
This product is managed by BNY Mellon Fund Management (Luxembourg) S.A., a member of the Fund Group, which is authorised in
Luxembourg and supervised by the Commission de Surveillance du Secteur Financier ("CSSF"). For more information on this product, please
refer to www.bnymellonim.com or call +3531 448 5052
Accurate as of: 1 March 2024

What is this product?

Type Q The Fund finances and aims to maintain an AAA Fund credit rating
This product is a Public Debt Short-Term money market fund under from Standard & Poor's or an equivalent rating given by an
the Money Market Fund Regulation (MMFR) and a sub-fund of BNY internationally recognised rating service. Securities invested in will
Mellon Liquidity Funds plc an open-ended umbrella type investment be high quality as rated by leading rating agencies and will be
company with variable capital, organised as an Undertakings for liquid i.e. easily converted into cash.
Collective Investment in Transferable Securities (UCITS). Q The Fund is authorised as a "Public Debt Constant Net Asset Value
(NAV) Short Term Money Market Fund".
Objectives
Investment objective Benchmark
To provide investors with as high a level of current income in U.S. The Fund is actively managed and is not managed with reference to a
Dollar terms as is consistent with the preservation of capital in U.S. benchmark.
Dollar terms and the maintenance of liquidity. Redemption and Dealing: you can buy and sell your shares in the
Investment policies Fund on each business day on which the New York Stock Exchange
and US banks are open. Initial instructions received before 12:00
Q The Fund will invest in securities issued by the U.S. Government (New York time) or such other time as the Directors may from time to
(and where both the original sum invested and interest payments time determine and subsequent instructions before 17:00 (New York
are guaranteed by the U.S. Government) including U.S. Treasury time) or such other time as the Directors may from time to time
bills, bonds and notes. The Fund will also enter into reverse determine will receive the price quoted on that day. The minimum
repurchase agreements (transactions which generate returns by initial investment for this share class is None.
lending cash in exchange for debt securities with certain eligible
counterparties on a short-term basis). Distribution Policy: This share class is a distributing share class
which seeks to maintain a stable Net Asset Value (NAV) per share.
Q The Fund will maintain a weighted average maturity (WAM) of no This means dividends will be declared daily and will be paid to
more than 60 days or such shorter period as may be required to shareholders monthly where the net return of the Fund (i.e. the return
obtain the highest rating of a recognised rating agency. WAM is less fees and expenses) is positive.
used to measure the Fund's sensitivity to changing interest rates.
For a security which pays a fixed rate of interest, WAM is the Product Term
length of time until the Fund's investments are due for repayment This product does not have a maturity date. The board of BNY Mellon
and for a security which pays a floating rate of interest, it is the Liquidity Funds plc may terminate the Fund unilaterally in accordance
time remaining until the next interest rate reset. These figures are with the fund documentation.
combined and adjusted to reflect the proportion in which each
security is held. Intended retail investor
This product is intended for investors who plan to stay invested for at
Q The Fund will also maintain a weighted average life (WAL) of no
least 1 years and are prepared to take on a very low level of risk of
more than 120 days or shorter period as may be required to obtain
loss to their original capital in order to get a higher potential return. It
the highest rating of a recognised rating agency. WAL is the
is designed to form part of a portfolio of investments.
average remaining time to maturity of each of the Fund's
investments (adjusted to reflect the proportion in which each Practical information
security is held). Depositary The fund depositary is The Bank of New York Mellon SA/
Q At least 10% of the Fund's assets shall be comprised of daily NV Dublin Branch.
maturing assets, reverse repurchase agreements which are able to Additional information You can obtain additional information about
be terminated by giving prior notice of one working day or cash this product, including the latest prospectus, interim and annual
which is able to be withdrawn by giving prior notice of one working report and accounts, and the share prices from BNY Mellon Fund
day. Management (Luxembourg) S.A., 2-4 rue Eugene Ruppert. Vertigo
Q At least 30% of the Fund's assets shall be comprised of weekly Building - Polaris. L-2453 Luxembourg and from
maturing assets, reverse repurchase agreements which are able to www.bnymellonim.com. This information is available free of charge.
be terminated by giving prior notice of five working days or cash The annual and interim report and accounts are available in English,
which is able to be withdrawn by giving prior notice of five working the prospectus is available in English, French, German, and Spanish.
days.

Page 1/3 | Key Information Document | 1 March 2024

BNY Mellon U.S. Treasury Fund, a sub-fund of BNY Mellon Liquidity Funds plc – Service (IE0030624948)

What are the risks and what could I get in return?

Risks We have classified this product as 1 out of 7, which is the lowest risk
class.
Lower risk Higher risk This rates the potential losses from future performance at a very low
level, and poor market conditions are very unlikely to impact the
capacity of BNY Mellon Fund Management (Luxembourg) S.A. to pay
1 2 3 4 5 6 7 you.
Be aware of currency risk. Where the share class is denominated in a
different currency to that of your home jurisdiction, you will receive
The risk indicator assumes you keep the product for 1 years.
payments in a different currency, so the final return you will get
depend on the exchange rate between the two currencies. This risk is
The summary risk indicator is a guide to the level of risk of this not considered in the indicator shown above.
product compared to other products. It shows how likely it is that the Beside the risks included in the risk indicator, other risks may affect
product will lose money because of movements in the markets or the fund performance. Please refer to the fund prospectus, available
because we are not able to pay you. free of charge at www.bnymellonim.com.

PERFORMANCE SCENARIOS
The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The
figures do not take into account your personal tax situation, which may also affect how much you get back.
What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be
accurately predicted.
The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product
over the last 10 years. Markets could develop very differently in the future.
The stress scenario shows what you might get back in extreme market circumstances.
Unfavourable: this type of scenario occurred for an investment between April 2016 and April 2017.
Moderate: this type of scenario occurred for an investment between January 2020 and January 2021.
Favourable: this type of scenario occurred for an investment between January 2023 and January 2024.
Where insufficient fund performance history exists, an appropriate benchmark has been used as a proxy.

Recommended holding period 1 year

Example Investment $ 10,000

if you exit after

1 year
(recommended
Scenarios holding period)

Minimum There is no minimum guaranteed return. You could lose some or all of your investment.

Stress What you might get back after costs $ 9,960

Average return each year -0.4%

Unfavourable What you might get back after costs $ 10,000

Average return each year 0.0%

Moderate What you might get back after costs $ 10,010

Average return each year 0.1%

Favourable What you might get back after costs $ 10,430

Average return each year 4.3%

What happens if BNY Mellon Fund Management (Luxembourg) S.A. is unable to pay out?
Investors are unlikely to face a financial loss should BNY Mellon Fund Management (Luxembourg) S.A. fail or default. While BNY Mellon Fund
Management (Luxembourg) S.A. is responsible for management and administration of the Fund, it does not hold the assets of the Fund, including
monies payable to investors. The Depositary is responsible for the safekeeping of the assets of the Fund. Investors may suffer loss, up to the value
of their entire investment, if the Fund or the Depositary is unable to pay out. BNY Mellon Fund Management (Luxembourg) S.A. has no obligation
to pay out in this scenario and there is no applicable investor compensation scheme to cover any loss in such an event.

What are the costs?

The person advising on or selling you this product may charge you other costs. If so, this person will provide you with information about these
costs and how they affect your investment.
COSTS OVER TIME
The tables show the amounts that are taken from your investment to cover different types of costs. These amounts depend on how much you
invest, how long you hold the product. The amounts shown here are illustrations based on an example investment amount and different possible
investment periods.
We have assumed:
Q in the first year you would get back the amount that you invested (0% annual return). For the other holding periods we have assumed the
product performs as shown in the moderate scenario,

Page 2/3 | Key Information Document | 1 March 2024

BNY Mellon U.S. Treasury Fund, a sub-fund of BNY Mellon Liquidity Funds plc – Service (IE0030624948)

Q $ 10,000 is invested.

if you exit after

1 year
(recommended
Example Investment $ 10,000 holding period)

Total Costs $ 90

Annual cost impact* 0.9%

(*) This illustrates how costs reduce your return each year over the holding period. For example it shows that if you exit at the recommended
holding period your average return per year is projected to be 1.0% before costs and 0.1% after costs.
COMPOSITION OF COSTS

Annual cost impact if you exit

One-off costs upon entry or exit after 1 year

Entry costs 0.00%, we will not charge you an entry fee for this product, but the 0 USD
person selling you the fund may do so.

Exit costs 0.00%, we do not charge an exit fee for this product, but the person 0 USD
selling you the product may do so.

Annual cost impact if you exit

Ongoing costs taken each year after 1 year

Management fees and other 0.90% of the value of your investment per year. 90 USD
administrative or operating This is an estimate based on actual costs over the last year.
costs

Transaction costs 0.00% of the value of your investment per year. This is an estimate of the 0 USD
costs incurred when we buy and sell the underlying investments for the
product. The actual amount will vary depending on how much we buy
and sell.

Annual cost impact if you exit

Incidental costs taken under specific conditions after 1 year

Performance fees There is no performance fee for this product. 0 USD

How long should I hold it and can I take money out early?
Recommended holding period: 1 years
The above-mentioned period has been recommended as a result of the product being a money market fund with daily liquidity and on the basis of
the fund's risk and reward profile. Your ideal holding period may be different from this recommended holding period. We recommend that you
discuss this with your advisor. If the holding period is shorter than the recommended holding period, this may have a negative impact on the return
on your investment. Any costs are shown under "Composition of costs" above. Information about how to buy and sell shares in the Fund can be
found in the Fund's supplement.

How can I complain?

If you have any complaints about the product or the management of your investment, please contact our Client Services team on +353 1 448 5052.
They will explain the steps to be followed for lodging a complaint.
You can also send your complaint in writing to the following address BNY Mellon Asset Servicing, Wexford Business Park, Rochestown, Drinagh,
Wexford, Y35 VY03, Ireland, or by e-mail to investorservices@bnymellon.com. You can find further details on our website www.bnymellonim.com.
If you have a complaint about the person that advised you about this product, or who sold it to you, please contact them directly and they will
advise next steps.

Other relevant information

Cost, performance and risk The cost, performance and risk calculations included in this key information document follow the methodology
prescribed by EU rules. Note that the performance scenarios calculated above are derived exclusively from the past performance of the Fund's
share price and that past performance is not a guide to future returns. Therefore, your investment may be at risk and you may not get back the
returns illustrated.
Investors should not base their investment decisions solely upon the scenarios shown.
Performance scenarios You can find previous performance scenarios updated on a monthly basis at https://www.bnymellonim.com/documents/ie/
en/intermediary/Performance-Scenarios-MLF-IE-en.xlsx.
Past performance You can download the past performance over the last 10 years from our website at https://www.bnymellonim.com/documents/
ie/en/intermediary/Past-Performance-MLF-IE0030624948-IE-en.pdf.

Page 3/3 | Key Information Document | 1 March 2024