Given current market events we have now populated Fund Centre with Fund exposures to assets with “country of risk*” as either Russia, Ukraine, or Belarus, or exposures to Russian Rouble currency. Please see the exposures below for further information.
*Sourced from Bloomberg
As at 31 May 2022
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 Developed Index NTR (the “Benchmark Index”).
Solactive L&G Enhanced ESG Developed Index NTR
As at 29 Apr 2022
These numbers give indicative Fund exposures to assets with “country of risk” sourced from Bloomberg as either Russia, Ukraine, or Belarus, or exposures to Russian Rouble currency. The figures are based on early price estimated data so may differ from the fully verified month end NAV exposure. Where the holding is “indirect” (for example held in a sub-fund), best efforts have been made to ensure that exposure to the sub-fund(s) is on a consistent basis. As at dates have been chosen to reflect exposure both before and after the significant recent falls in values of impacted assets.
Exposures are presented to two decimal places, exposures may be rounded to 0 if less than 0.05%.
These exposures do not give an indication of the relative exposures versus the benchmark. With regard to index-based strategies, LGIM has a duty to track the relevant index to ensure clients receive exposure as set out in the relevant investment objective. Following the imposition of sanctions and assets being removed from indices the market was effectively frozen for foreign investors and all equity positions have been marked to zero in line with LGIM’s fair value pricing policy. Regardless of being priced at zero LGIM funds still own these securities and any value realised in the future will be for the sole benefit of the relevant fund. LGIM will seek to divest from such securities at such a time that market conditions allow consistent with our fiduciary duties and applicable sanctions.
| Valuation frequency | Daily, 3pm (UK time) |
| Dealing frequency | Daily |
| Settlement period | T+4 |
Source: Lipper
As at 31 May 2022
| Cumulative | Fund | Benchmark |
| 1 month | -3.43 | -0.81 |
| 6 months | -8.28 | -7.54 |
| Year to date | -9.93 | -9.00 |
| 3 years | 43.38 | 45.61 |
| 5 years | - | - |
| Since launch | 43.06 | 44.95 |
| Annualised | Fund | Benchmark |
| 1 year | 4.24 | 5.64 |
| 3 years | 12.75 | 13.33 |
| 5 years | - | - |
| Since launch | 12.09 | 12.56 |
As at 31 Mar 2022
| Cumulative | Fund | Benchmark |
| Quarterly | -3.80 | -4.28 |
| Year to date | -3.80 | -4.28 |
| 3 years | - | - |
| 5 years | - | - |
| Since launch | 52.80 | 52.47 |
| Annualised | Fund | Benchmark |
| 1 year | 15.29 | 14.52 |
| 3 years | - | - |
| 5 years | - | - |
| Since launch | 15.34 | 15.26 |
| 12 months to 31 March | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Fund | - | - | - | 38.50 | 15.29 |
| Benchmark | - | - | - | 38.79 | 14.52 |
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Fund | - | - | - | 14.60 | 24.13 |
| Benchmark | - | - | - | 15.25 | 23.82 |
| 1 year | 3 years | 5 years | Since launch | |
|---|---|---|---|---|
| Fund | 4.24 | 12.75 | - | 12.09 |
| Benchmark | 5.64 | 13.33 | - | 12.56 |
| 1 year | 3 years | 5 years | Since launch | |
|---|---|---|---|---|
| Fund | 15.29 | - | - | 15.34 |
| Benchmark | 14.52 | - | - | 15.26 |
Performance for the C Acc unit class in GBP, launched on 15 June 2020. Source: Lipper. Performance assumes all fund charges have been taken and that all income generated by the investments, after deduction of tax, remains in the fund. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.
Past performance is not a guide to the future.
Performance for the C Inc unit class in GBP, launched on 15 June 2020. Source: Lipper. Performance assumes all fund charges have been taken and that all income generated by the investments, after deduction of tax, remains in the fund. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.
Past performance is not a guide to the future.
Performance for the I Acc unit class in GBP, launched on 12 April 2019. Source: Lipper. Performance assumes all fund charges have been taken and that all income generated by the investments, after deduction of tax, remains in the fund. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.
Past performance is not a guide to the future.
Performance for the I Inc unit class in GBP, launched on 12 April 2019. Source: Lipper. Performance assumes all fund charges have been taken and that all income generated by the investments, after deduction of tax, remains in the fund. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.
Past performance is not a guide to the future.
Performance for the L Acc unit class in GBP, launched on 12 April 2019. Source: Lipper. Performance assumes all fund charges have been taken and that all income generated by the investments, after deduction of tax, remains in the fund. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.
Past performance is not a guide to the future.
Performance for the L Inc unit class in GBP, launched on 15 June 2020. Source: Lipper. Performance assumes all fund charges have been taken and that all income generated by the investments, after deduction of tax, remains in the fund. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.
Past performance is not a guide to the future.
Performance for the R Acc unit class in GBP, launched on 12 April 2019. Source: Lipper. Performance assumes all fund charges have been taken and that all income generated by the investments, after deduction of tax, remains in the fund. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.
Past performance is not a guide to the future.
Performance for the R Inc unit class in GBP, launched on 12 April 2019. Source: Lipper. Performance assumes all fund charges have been taken and that all income generated by the investments, after deduction of tax, remains in the fund. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.
Past performance is not a guide to the future.
As at 31 May 2022. 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.
| Communications & Tech | 31.0 | |
| Consumer Non-cyclical | 25.2 | |
| Consumer Cyclical | 11.3 | |
| Banks (Equity) | 8.8 | |
| Industrials | 5.1 | |
| Financial Services (Equity) | 4.7 | |
| Insurance (Equity) | 3.7 | |
| Property | 3.0 | |
| Commodities | 2.8 | |
| Other | 4.3 |
| Large | 86.3 | |
| Mid | 11.8 | |
| Small | 1.9 | |
| Undefined | - |
| Top 10 holdings | 20.5 | |
| Rest of portfolio | 79.5 |
| No. of holdings in fund | 1,537 |
| No. of holdings in index | 1,525 |
| Microsoft | 5.6 |
| Apple | 5.4 |
| Amazon.Com | 1.8 |
| NVIDIA | 1.4 |
| Johnson & Johnson | 1.2 |
| Unitedhealth Group | 1.1 |
| JPMorgan Chase & Co | 1.0 |
| Alphabet A | 1.0 |
| Tesla | 1.0 |
| Visa | 1.0 |
| United States | 64.9 | |
| Japan | 7.4 | |
| United Kingdom | 4.4 | |
| Canada | 3.5 | |
| Switzerland | 2.9 | |
| Australia | 2.6 | |
| France | 2.4 | |
| Germany | 2.0 | |
| Ireland | 1.8 | |
| Other | 8.2 |
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
A single swing price is displayed from 1st December 2020. Prior to this date, Bid and Offer prices are displayed for those funds that were previously dual priced.
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.
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.
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.