Unit Trust (UK UCITS compliant)

Legal & General Future World ESG Asia Pacific Index Fund

ISIN

Fund facts

Fund size
£12.5m
Base currency
GBP
Launch date
27 Jan 2022
Domicile
UK
Share class launch

Statistics

As at 31 May 2022

Fund aim

The objective of the Fund is to provide a combination of growth and income by tracking the performance of the Solactive L&G Enhanced ESG Pacific Index NTR, the “Benchmark Index”.

Benchmark

Solactive L&G Enhanced ESG APAC ex JP Index NTR

  • What does it invest in? Invests in shares of Asia Pacific companies 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. In addition, the Index will target an annual reduction in its overall carbon emissions.
  • How does it invest? Passively managed, to replicate the performance of the Index. As part of the Future World* range, the fund incorporates our Climate Impact Pledge, a targeted engagement process, and may exclude companies if engagement proves unsuccessful.

Further details

Costs

Dilution adjustment
0.12%- round trip

Codes

Dealing information

Valuation frequencyDaily, 12pm (UK time)
Dealing frequencyDaily
Settlement periodT+4

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

Prices

Name
I GBP Acc
Price
51.95p
Change (%)
-0.75
Currency
GBP
Price time
12:00 UK time
Name
I GBP Inc
Price
51.56p
Change (%)
-0.73
Currency
GBP
Price time
12:00 UK time
Name
C GBP Acc
Price
51.97p
Change (%)
-0.73
Currency
GBP
Price time
12:00 UK time
Name
C GBP Inc
Price
51.56p
Change (%)
-0.73
Currency
GBP
Price time
12:00 UK 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.

Where companies in the Index are excluded from the fund as a result of the Climate Impact Pledge, this may affect the ability of the manager to closely track the performance of the Index.

Index disclaimer

The financial instrument is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index and/or Index trade mark or the Index Price at any time or in any other respect. The Solactive Index is powered by Thomson Reuters Information.