Unit Trust (UK UCITS compliant)

Legal & General Global Infrastructure Index Fund

ISIN

Fund facts

Fund size
£538.0m
Base currency
GBP
Launch date
9 Apr 2018
Domicile
UK
Share class launch

Statistics

As at 31 Jan 2021

Fund aim

The objective of the Fund is to provide a combination of growth and income by tracking the performance of the FTSE Global Core Infrastructure Index (the “Index”). This objective is after the deduction of charges and taxation.

Benchmark

FTSE Global Core Infrastructure Index

  • What does it invest in? Invests in a wide range of listed infrastructure companies including transportation, energy and telecommunications companies.
  • How does it invest? Passively managed, aiming to replicate the performance of the Index.

Further details

Costs

Dilution adjustment
0.22%- round trip

Codes

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

    CumulativeFund
    6 Months-
    Year to date-
    3 years-
    5 years-
    AnnualisedFund
    1 year-
    3 years-
    5 years-

    As at 31 Dec 2020

    CumulativeFund
    6 Months-
    Year to date-
    3 years-
    5 years-
    AnnualisedFund
    1 year-
    3 years-
    5 years-
    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
    Benchmark-----

    Calendar year performance (%)

    2016 2017 2018 2019 2020
    Benchmark-----

    Monthly performance (%)

    Annualised performance (%)

    1 year3 years5 years
    Fund---

    Annualised performance (%)

    1 year3 years5 years
    Fund---

    Performance for the C Acc unit class in GBP, launched on 09 April 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 C Inc unit class in GBP, launched on 09 April 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 Acc unit class in GBP, launched on 09 April 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 09 April 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 09 April 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 Inc unit class in GBP, launched on 09 April 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 Jan 2021. 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 (%)

    Utilities50.9
    Industrials23.7
    Oil & Gas11.1
    Financials8.8
    Consumer Services3.3
    Telecommunications1.5
    Technology0.5
    Consumer Goods0.2
    Health Care0.1
    Other0.0

    Market capitalisation (%)

    Large69.7
    Mid24.2
    Small6.1
    Top 10 holdings37.5
    Rest of portfolio62.5
    No. of holdings in fund233
    No. of holdings in index247

    Top 10 holdings (%)

    Nextera Energy Inc7.0
    Union Pacific Corp5.9
    American Tower Corp4.4
    Canadian Natl Railway Co3.2
    Duke Energy Corp3.0
    Enbridge Inc3.0
    CSX Corp2.9
    Crown Castle Intl Corp2.8
    Southern Co2.7
    Norfolk Southern Corporation2.7

    Country (%)

    United States62.5
    Canada12.3
    Japan5.2
    United Kingdom3.0
    Australia2.5
    Spain2.3
    Hong Kong2.1
    Italy1.6
    China1.6
    Other7.0

    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

    of

    Dividend history

    Total dividends paid in each financial year of the fund.

    Prices

    Name
    C GBP Acc
    Price
    63.80p
    Change (%)
    0
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    C GBP Inc
    Price
    59.67p
    Change (%)
    0
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    I GBP Acc
    Price
    63.64p
    Change (%)
    0.02
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    I GBP Inc
    Price
    59.69p
    Change (%)
    0
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    L GBP Acc
    Price
    64.05p
    Change (%)
    0.02
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    L GBP Inc
    Price
    59.73p
    Change (%)
    0
    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.

    Most of the fund holds investments from a particular market sector, that of companies within the infrastructure industry. Funds like this can be more volatile than funds that invest across many market sectors. This is because the value of the fund can go up and down more often and by larger amounts than funds that are spread more widely, especially in the short term.

    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.

    We may take some or all of the ongoing charges from the fund's capital rather than the fund's income. This increases the amount of income, but it reduces the growth potential and may lead to a fall in the value of the fund.

    Index disclaimer

    Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2020. 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.

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