Unit Trust (UK UCITS compliant)

Legal & General Future World Climate Change Equity Factors Index Fund

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

Fund facts

Fund size
£221.7m
Base currency
GBP
Launch date
18 Jan 2018
Domicile
UK
Share class launch

Statistics

Historical yield
1.3%

As at 31 Mar 2022

Fund aim

The objective of the Fund is to provide a combination of growth and income by tracking the performance of the FTSE All-World ex CW Climate Balanced Factor Index, the “Index”. This objective is after the deduction of charges and taxation.

Benchmark

FTSE Cus AW ex CW Climate Balan Fac 3pm (15:00) TR

  • What does it invest in? Invests in shares of companies within the Index, which is alternatively weighted to give greater weight to companies that score well against four selected stock factors (value, quality, low volatility and small size) and that meet positive carbon and environmental.
  • 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.

Russia exposure

23 Feb 2022
0.09%
31 Mar 2022
0.00%

As at 31 Mar 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. These exposures do not give an indication of the relative exposures versus the benchmark. 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%.

Further details

Costs

Price basis
Single swing
Initial charge
0.00%
Ongoing charges figure
0.60%
Dilution adjustment
0.22%- round trip

Codes

ISIN
GB00BF41QC71
SEDOL
BF41QC7
Bloomberg
LGFWRAG LN
MEX
LGNMJ

Dealing information

Valuation frequencyDaily, 3pm (UK time)
Dealing frequencyDaily
Settlement periodT+4

Performance

Source: Lipper

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 31 Mar 2022

    CumulativeFundBenchmark
    1 month5.195.36
    6 months3.603.99
    Year to date-3.14-2.63
    3 years39.2542.15
    5 years--
    Since launch43.9848.66
    AnnualisedFundBenchmark
    1 year13.0513.95
    3 years11.6612.43
    5 years--
    Since launch9.079.90

    As at 31 Mar 2022

    CumulativeFundBenchmark
    Quarterly-3.14-2.63
    Year to date-3.14-2.63
    3 years39.2542.15
    5 years--
    Since launch43.9848.66
    AnnualisedFundBenchmark
    1 year13.0513.95
    3 years11.6612.43
    5 years--
    Since launch9.079.90
    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

    Rolling 12-month performance to last quarter end (%)

    12 months to 31 March 2018 2019 2020 2021 2022
    Fund-11.11-9.7936.5413.05
    Benchmark-11.29-9.3637.6413.95

    Calendar year performance (%)

    2017 2018 2019 2020 2021
    Fund--19.996.0522.88
    Benchmark--20.926.1823.98

    Monthly performance (%)

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund13.0511.66-9.07
    Benchmark13.9512.43-9.90

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund13.0511.66-9.07
    Benchmark13.9512.43-9.90

    Performance for the C Acc unit class in GBP, launched on 18 January 2018. 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.

    Past performance is not a guide to the future.

    Performance for the C Inc unit class in GBP, launched on 18 January 2018. 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.

    Past performance is not a guide to the future.

    Performance for the I Acc unit class in GBP, launched on 18 January 2018. 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.

    Past performance is not a guide to the future.

    Performance for the I Inc unit class in GBP, launched on 18 January 2018. 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.

    Past performance is not a guide to the future.

    Performance for the L Acc unit class in GBP, launched on 18 January 2018. 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.

    Past performance is not a guide to the future.

    Performance for the L Inc unit class in GBP, launched on 18 January 2018. 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.

    Past performance is not a guide to the future.

    Performance for the R Acc unit class in GBP, launched on 18 January 2018. 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.

    Past performance is not a guide to the future.

    Performance for the R Inc unit class in GBP, launched on 18 January 2018. 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.

    Past performance is not a guide to the future.

    Portfolio

    As at 31 Mar 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.

    Sector (%)

    Technology20.8
    Industrials15.3
    Financials14.2
    Consumer Discretionary11.3
    Consumer Staples9.0
    Health Care8.7
    Utilities6.1
    Telecommunications5.8
    Basic Materials3.6
    Other5.2

    Market capitalisation (%)

    Large68.8
    Mid31.3
    Top 10 holdings19.3
    Rest of portfolio80.7
    No. of holdings in fund1,578
    No. of holdings in index1,534

    Top 10 holdings (%)

    Microsoft4.8
    Apple3.9
    Alphabet A2.5
    Alphabet C2.4
    Amazon.Com1.5
    Cisco Systems1.1
    S&P Global1.0
    T Rowe Price Group0.8
    Moody's0.7
    Unilever0.7

    Country (%)

    United States57.4
    Japan9.1
    United Kingdom6.3
    Australia2.7
    Taiwan2.6
    France2.5
    Switzerland2.2
    Sweden1.8
    Germany1.7
    Other13.8

    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

    Income

    Latest dividends

    The latest dividends are shown below. The historic level of income generated by this fund may go down as well up and will vary over time.

    of

    Dividend history

    Total dividends paid in each financial year of the fund.

    Prices

    Name
    R GBP Acc
    Price
    67.32p
    Change (%)
    1.16
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    R GBP Inc
    Price
    63.00p
    Change (%)
    1.16
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    I GBP Acc
    Price
    68.20p
    Change (%)
    1.16
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    I GBP Inc
    Price
    63.06p
    Change (%)
    1.15
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    C GBP Acc
    Price
    68.40p
    Change (%)
    1.15
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    C GBP Inc
    Price
    63.07p
    Change (%)
    1.15
    Currency
    GBP
    Price time
    15:00 UK time

    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.

    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.

    The fund invests in smaller companies. Investments in smaller companies tend to be riskier than investments in larger companies because they can: be harder to buy and sell; or go up and down in value more often and by larger amounts, especially in the short term. In times of market uncertainty or if an exceptional amount of withdrawals are requested it may become less easy for your fund to sell investments and the Manager may defer withdrawals, or suspend dealing. The Manager can only delay paying out if it is in the interests of all investors and with the permission of the fund trustee or depositary.

    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

    Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2022. FTSE Russell is a trading name of certain of the LSE Group companies. “FTSE®” is a trade mark of the relevant LSE Group companies and is used by any other LSE Group company under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.