Legal & General Emerging Markets Government Bond (US$) Index Fund
Unit Trust (UK UCITS compliant)
Legal & General Emerging Markets Government Bond (US$) Index Fund
I-Class GBP Accumulation
ISINGB00B7MJV331
Price
ISINGB00B7MJV331
Price
Fund aim
The objective of the Fund is to track the performance of the JPMorgan Emerging Markets Bond Index Plus, the "Benchmark Index" before fees and expenses are applied. Fund performance may differ from the Benchmark Index due to the deduction of fees and expenses and the impact of any tracking error factors.
Fund snapshot
- What does it invest in? Invests in US dollar-denominated bonds issued by governments of a broad range of developing countries.
- How does it invest? Passively managed, aiming to replicate the performance of the Index.
Fund facts
Fund size | £629.1m |
Base currency | GBP |
Fund launch date | 11 Dec 2012 |
Domicile | UK |
Share class launch | 11 Dec 2012 |
Distribution yield | 6.1% |
Modified duration | 7.54 years |
Benchmark
JPMorgan Emerging Markets Bond Index Plus
Costs
Initial charge | 0.00% |
Ongoing charges figure | 0.29% |
Dilution adjustment | 0.64% - round trip |
Performance
Portfolio breakdown
As at 31 Jan 2024
Top 10 holdings | 12.9% |
---|---|
Rest of portfolio | 87.1% |
No. of issuers in fund | 31 |
---|---|
No. of issuers in index | 31 |
Top 10 holdings (%)
Qatar Govt Intl Bd4.817% 14 Mar 49 | 1.9 |
Qatar Gov Int'l Bond 4.4% 16 Apr 50 | 1.5 |
Qatar Govt Int'l Bond 4% 14 Mar 29 | 1.4 |
Argentine Govt Intl Bd 3.625% 09Jul35 | 1.4 |
Argentine Govt Intl Bd 0.75% 09 Jul 30 | 1.2 |
Saudi Govt Int'l Bd 5.75% 16 Jan 54 | 1.2 |
Ecuador Govt Intl Bd 3.5% 31 Jul 35 | 1.2 |
Peruvian Govt Intl Bd 2.783% 23 Jan 31 | 1.1 |
DR International Bond 4.875% 23 Sep 32 | 1.1 |
Brazil'n Govt Intl Bd 3.875% 12 Jun 30 | 1.1 |
Sector (%)
Government | 100.0 |
Top 10 holdings | 12.9% |
---|---|
Rest of portfolio | 87.1% |
No. of issuers in fund | 31 |
---|---|
No. of issuers in index | 31 |
Top 10 holdings (%)
Qatar Govt Intl Bd4.817% 14 Mar 49 | 1.9 |
Qatar Gov Int'l Bond 4.4% 16 Apr 50 | 1.5 |
Qatar Govt Int'l Bond 4% 14 Mar 29 | 1.4 |
Argentine Govt Intl Bd 3.625% 09Jul35 | 1.4 |
Argentine Govt Intl Bd 0.75% 09 Jul 30 | 1.2 |
Saudi Govt Int'l Bd 5.75% 16 Jan 54 | 1.2 |
Ecuador Govt Intl Bd 3.5% 31 Jul 35 | 1.2 |
Peruvian Govt Intl Bd 2.783% 23 Jan 31 | 1.1 |
DR International Bond 4.875% 23 Sep 32 | 1.1 |
Brazil'n Govt Intl Bd 3.875% 12 Jun 30 | 1.1 |
Sector (%)
Government | 100.0 |
Years to maturity (%)
0 - 5 Years | 22.1 |
5 - 10 Years | 43.3 |
10 - 15 Years | 6.2 |
15 - 20 Years | 2.7 |
20 - 25 Years | 1.4 |
25 - 30 Years | 16.6 |
30 - 40 Years | 7.1 |
40+ Years | 0.7 |
Currency (%)
USD | 100.0 |
Country (%)
Saudi Arabia | 10.1 |
Turkey | 8.9 |
Mexico | 7.7 |
United Arab Emirates | 6.9 |
Brazil | 6.8 |
Qatar | 6.3 |
Chile | 5.8 |
Dominican Republic | 5.1 |
Argentina | 4.5 |
Other | 37.9 |
All data source LGIM unless otherwise stated. Totals may not sum due to rounding. In order to minimise transaction costs, the Fund will not always own all the assets that constitute the index and on occasion it will own assets that are not in the index.
Fund managers
LGIM Index Fund 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.
Literature
Document type
Prices
Pricing information
Price basis | Single swing |
Price time | 12:00 UK time |
Currency | GBP |
Download full price history
Codes and dealing
Codes
ISIN | GB00B7MJV331 |
SEDOL | B7MJV33 |
Bloomberg | LGEGUIA LN |
MEX | LGUTBW |
Dealing information
Valuation frequency | Daily, 12pm (UK time) |
Dealing frequency | Daily |
Settlement period | T+4 |
Country registration
This share class is registered for sale in the following countries: