Unit Trust (NURS non-complex)

Legal & General Future World Sustainable Opportunities Fund

Fund facts

Fund size
£62.5m
Base currency
GBP
Launch date
9 Aug 2018
Domicile
UK
Share class launch

Statistics

Historical yield
0.2%

As at 31 Jan 2021

Fund aim

The investment objective of the Fund is to seek to provide positive returns of both capital growth and income. The Fund selects investments which the Manager believes offer sustainable investment opportunities for the future based on environmental, social and governance related criteria.The Fund will seek to provide returns of 5% above the Bank of England Base Rate per annum over rolling five year periods. There is no guarantee that the objective will be met over any period and capital invested in the fund is at risk. This objective is before the deduction of any charges.

Benchmark

Bank of England Base Interest Rate

  • What does it invest in? Invests in a wide range of company shares, bonds, property and real assets (including property, land and infrastructure) which meet our long term sustainable investment criteria, based on environmental, social and governance factors.
  • How does it invest? Actively managed, with wide discretion to invest across different types of investment which the manager believes offer sustainable long term investment opportunities. 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

Price basis
Single swing
Initial charge
0.00%
Ongoing charges figure
1.05%
Dilution adjustment
0.02% - round trip

Codes

ISIN
GB00BFZ60297
SEDOL
BFZ6029
Bloomberg
LGFWSRA LN
MEX
LGZJD

Dealing information

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

Performance

Source: Lipper

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 31 Jan 2021

    CumulativeFundBenchmark
    1 month0.440.01
    6 months6.980.05
    Year to date0.440.01
    3 years--
    5 years--
    Since launch10.101.27
    AnnualisedFundBenchmark
    1 year10.220.17
    3 years--
    5 years--
    Since launch3.950.51

    As at 30 Sep 2020

    CumulativeFundBenchmark
    Quarterly2.350.03
    Year to date5.520.20
    3 years--
    5 years--
    Since launch4.381.24
    AnnualisedFundBenchmark
    1 year8.460.39
    3 years--
    5 years--
    Since launch2.020.58
    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

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

    12 months to 31 December 2016 2017 2018 2019 2020
    Fund---6.8510.82
    Benchmark---0.750.23

    Calendar year performance (%)

    2016 2017 2018 2019 2020
    Fund---6.8510.82
    Benchmark---0.750.23

    Monthly performance (%)

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund10.22--3.95
    Benchmark0.17--0.51

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund8.46--2.02
    Benchmark0.39--0.58

    Performance for the C Acc unit class in GBP, launched on 09 August 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 09 August 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 09 August 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 09 August 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 09 August 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 09 August 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 09 August 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 09 August 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 Jan 2021. All data source LGIM unless otherwise stated. Totals may not sum due to rounding.

    Currency (%)

    USD62.2
    GBP18.5
    EUR9.4
    JPY2.7
    CHF2.7
    HKD2.3
    DKK2.1

    Portfolio beta (%)

    Equity0.31
    Credit0.02
    Investment Grade0.01
    EM Debt0.03
    High Yield-0.02
    Long Exposure
    Short Exposure
    Beta represents the potential profit/loss impact on the portfolio as a proportion to the profit/loss impact on the reference level. Reference level is 100% MSCI World (hedged to GBP).

    Sector (%)

    Consumer, Non-cyclical19.5
    Financial15.5
    Communications12.5
    Technology12.2
    Cash9.4
    Consumer, Cyclical9.0
    Energy6.9
    Basic Materials5.6
    Industrial3.6
    Government3.4
    Utilities1.9
    Diversified0.5
    Top 10 holdings31.9
    Rest of portfolio68.1

    Top 10 holdings (%)

    United Kingdom9.4
    Microsoft Corp3.4
    Alphabet Inc2.6
    Facebook Inc2.6
    Ceres Power Holdings PLC2.5
    Thermo Fisher Scientific Inc2.4
    AIA Group Ltd2.3
    IHS Markit Ltd2.3
    Mastercard Inc2.3
    Nestle SA2.2

    Country (%)

    United States40.7
    United Kingdom20.3
    Japan3.1
    Germany3.0
    India2.4
    Hong Kong2.3
    Switzerland2.2
    Denmark2.1
    Georgia2.1
    Other21.8

    Fund Managers

    Colin is co-Head of Global Fixed Income and has responsibility for the London based fixed income team as well as overall portfolio management responsibilities for our Global Credit and Absolute Return strategies. Colin joined LGIM in 2005 from Henderson Global Investors where he was Head of Investment Grade Credit Fund Management. He has over 30 years’ experience in bond markets, specialising in non-government debt, and he has previously worked for Henderson Global Investors, Scottish Widows and Scottish Amicable.

    Shaunak joined LGIM in 2014 as a fund manager within the Active Equity team. He joined LGIM from Asian Century Quest, a multi-billion dollar, fundamental focused long/short equity hedge fund.

    ColinReedie

    ShaunakMazumder

    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
    C GBP Acc
    Price
    56.01p
    Change (%)
    -0.59
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    C GBP Inc
    Price
    55.06p
    Change (%)
    -0.6
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    I GBP Acc
    Price
    55.82p
    Change (%)
    -0.59
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    I GBP Inc
    Price
    55.02p
    Change (%)
    -0.6
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    L GBP Acc
    Price
    56.69p
    Change (%)
    -0.6
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    L GBP Inc
    Price
    55.14p
    Change (%)
    -0.58
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    R GBP Acc
    Price
    55.43p
    Change (%)
    -0.59
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    R GBP Inc
    Price
    55.00p
    Change (%)
    -0.6
    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 return from this fund is dependent on relatively few individual investments. This means that a fall in the value of an individual investment can have a major impact on the overall performance of the fund.

    The fund invests directly or indirectly in bonds which are issued by companies or governments. If these companies or governments experience financial difficulty, they may be unable to pay back some or all of the interest, original investment or other payments that they owe. If this happens, the value of the fund may fall.

    This fund can directly hold bonds and property. Bonds are traded through agents, brokers or investment banks or directly between buyers and sellers. This makes them less easy to buy and sell than investments that are traded on an exchange.

    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.

    Property values are generally a matter of valuer’s opinion and property takes time to buy and sell. In times of market uncertainty or if an exceptional amount of withdrawals are requested it may become less easy for your fund to sell its holdings 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.

    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.

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