Unit Trust (UCITS compliant)

Legal & General Future World Gender in Leadership UK Index Fund

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Important customer notice:

The extreme market uncertainty caused by COVID-19 meant that trading in the L&G UK Property Fund was suspended from 18th March 2020. We intend that the fund will reopen on 13th October 2020. Find out more

Fund facts

Fund size
£6.6m
Base currency
GBP
Launch date
10 May 2018
Domicile
UK
Share class launch

Statistics

Historical yield
4.3%

As at 31 Aug 2020

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 Gender in Leadership UK Index (the “Index”).

Benchmark

Solactive L&G Gender in Leadership UK Index

  • What does it invest in? Invests in shares of UK companies within the Index, which is alternatively weighted to give greater weight to companies that score well against four selected gender diversity metrics: the percentage of women in a company at management level, at executive level, on the board and across the workforce. The fund will invest more in companies that score well against these criteria, and less in companies that do not.
  • How does it invest? Passively managed, to replicate the performance of the Index. As part of the Future World* range, the fund also incorporates our Climate Impact Pledge, a targeted engagement process, and may exclude companies if engagement proves unsuccessful.

Further details

Costs

Price basis
Full swing
Initial charge
0.00%
Ongoing charges figure
0.50%
Bid / Offer spread
0.64%

Codes

ISIN
GB00BFX1T528
SEDOL
BFX1T52
Bloomberg
LGGIRLG LN
MEX
LGOOB

Dealing information

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

Performance

Source: Lipper

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 31 Aug 2020

    CumulativeFundBenchmark
    1 month0.871.76
    6 months-8.94-9.03
    Year to date-20.03-20.20
    3 years--
    5 years--
    Since launch-14.40-14.20
    AnnualisedFundBenchmark
    1 year-15.96-15.47
    3 years--
    5 years--
    Since launch-6.55-6.45

    As at 30 Jun 2020

    CumulativeFundBenchmark
    Quarterly9.488.12
    Year to date-17.79-18.20
    3 years--
    5 years--
    Since launch-12.00-12.06
    AnnualisedFundBenchmark
    1 year-13.84-13.93
    3 years--
    5 years--
    Since launch-5.84-5.87
    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

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

    12 months to 30 June 2016 2017 2018 2019 2020
    Fund---1.37-13.88
    Benchmark---2.46-13.97

    Calendar year performance (%)

    2015 2016 2017 2018 2019
    Fund----18.70
    Benchmark----19.58

    Monthly performance (%)

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund-15.96---6.55
    Benchmark-15.47---6.45

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund-13.84---5.84
    Benchmark-13.93---5.87

    Performance for the I Acc unit class in GBP, launched on 16 May 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. 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 16 May 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. 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 10 May 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. 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 16 May 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. 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 16 May 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. 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.

    Portfolio

    As at 31 Aug 2020. 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 (%)

    Consumer Non-cyclical40.0
    Consumer Cyclical10.0
    Energy9.1
    Banks (Equity)7.7
    Commodities7.0
    Communications & Tech5.3
    Financial Services (Equity)5.0
    Insurance (Equity)4.4
    Property4.4
    Other7.3

    Market capitalisation (%)

    Large69.0
    Mid17.7
    Small13.3
    Undefined0.0
    Top 10 issuers44.0
    Rest of portfolio56.0
    No. of holdings in fund298
    No. of holdings in index326

    Top 10 issuers (%)

    AstraZeneca PLC8.2
    GlaxoSmithKline PLC5.8
    Diageo PLC5.5
    Royal Dutch Shell PLC5.2
    Unilever PLC4.3
    HSBC Holdings PLC3.9
    BP PLC3.3
    RELX PLC2.7
    Reckitt Benckiser Group PLC2.7
    BHP Group PLC2.5

    Country (%)

    United Kingdom97.2
    Jersey1.7
    Luxembourg0.3
    Isle of Man0.2
    Bermuda0.2
    Ireland0.2
    Spain0.2
    Other0.1

    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

    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
    I GBP Acc
    Bid price
    41.80p
    Offer price
    41.80p
    Absolute change
    -0.0059
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    I GBP Inc
    Bid price
    38.11p
    Offer price
    38.11p
    Absolute change
    -0.0053
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    L GBP Acc
    Bid price
    42.23p
    Offer price
    42.23p
    Absolute change
    -0.0059
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    R GBP Acc
    Bid price
    41.52p
    Offer price
    41.52p
    Absolute change
    -0.0058
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    R GBP Inc
    Bid price
    38.10p
    Offer price
    38.10p
    Absolute change
    -0.0054
    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.

    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.

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