ICAV (UCITS compliant)

L&G Emerging Markets Equity Future Core Fund

Fund facts

Fund size
$210.2m
Base currency
USD
Launch date
23 Nov 2020
Domicile
Ireland
Share class launch

Statistics

As at 31 Dec 2020

Fund aim

The investment objective of the Fund is to provide investors with a return in line with the performance of the Solactive L&G Emerging Markets Future Core (ex Fossil Fuels) Index (the “Index”).

Benchmark

Solactive L&G Emerging Markets Future Core ESG (ex Fossil-Fuel) Index

  • What does it invest in? Invests in shares of companies from emerging markets as represented by the Index, which is alternatively weighted to give greater weight to companies that score well against environmental, social and governance criteria. This means the Fund will invest more in companies that score well against these criteria, and less in companies that do not. The ESG score is aligned to our engagement and voting activities.
  • How does it invest? Passively managed, to replicate the performance of the Index. The index also only incorporates companies that do not have excessive exposure or involvement in nuclear power generation, assault weapons, United Nations Global Compact violation, controversial weapons, tobacco production and retailing, recreational cannabis, gambling and fossil fuels.

Further details

Costs

Price basis
Single - dilution levy
Initial charge
0.00%
Ongoing charges figure
0.27%
Dilution levy
0.38%- round trip
Entry Anti-Dilution Levy
0.15%
Exit Anti-Dilution Levy
0.24%

Codes

ISIN
IE00BJVH6W62
SEDOL
BJVH6W6
Bloomberg
LGEFCIE ID
MEX
LGAAZN

Dealing information

Valuation frequency
Daily, 22:30 Irish time
Dealing frequency
Each Irish and UK Business Day
Settlement period
T+2
Administrator/Custodian
Northern Trust

Management Team

The Index Fund Management team comprises 25 fund managers, supported by two analysts. Management oversight is provided by the Global Head of Index Funds. The team has average industry experience of 15 years, of which seven years has been at LGIM, and is focused on achieving the equally important objectives of close tracking and maximising returns.

LGIMIndex Fund Management Team

Literature

Prices

Name
I EUR Acc
Mid price
98.10c
Change (%)
-1.15869
Currency
EUR
Price time
22:30 Irish time
Name
I USD Acc
Mid price
110.27c
Change (%)
-1.456658
Currency
USD
Price time
22:30 Irish time
Name
Z EUR Acc
Mid price
111.12c
Change (%)
-1.156378
Currency
EUR
Price time
22:30 Irish time
Name
Z USD Acc
Mid price
112.99c
Change (%)
-1.45648
Currency
USD
Price time
22:30 Irish time

Key risks

The value of an investment and any income taken from it is not guaranteed and can go down as well as up, you may not get back the amount you originally invested.

Past performance is no guarantee of future results.

This fund invests in countries where investment markets are considered to be less developed. This means that investments are generally riskier than those in developed markets because they: may not be as well regulated; may be more difficult to buy and sell; may have less reliable arrangements for the safekeeping of investments; or may be more exposed to political and taxation uncertainties. The value of the fund can go up or down more often and by larger amounts than funds that invest in developed countries, especially in the short term.

The fund could lose money if any institution providing services such as acting as counterparty to derivatives or other instruments, becomes unwilling or unable to meet its obligations to the fund.

Derivatives are highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains.

The fund may have underlying investments that are valued in currencies that are different from sterling (British pounds). Exchange rate fluctuations will impact the value of your investment. Currency hedging techniques may be applied to reduce this impact but may not entirely eliminate it.

We may take some or all of the ongoing charges from the fund's capital rather than the fund's income. This increases the amount of income, but it reduces the growth potential and may lead to a fall in the value of the fund.

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