Unit Trust (UK UCITS compliant)

Legal & General Global Robotics and Automation Index Fund

ISIN

Fund facts

Fund size
£28.3m
Base currency
GBP
Launch date
14 May 2020
Domicile
UK
Share class launch

Statistics

As at 31 May 2022

Fund aim

The objective of the Fund is to provide growth by tracking the capital performance of the ROBO Global® Robotics and Automation UCITS Index (the “Benchmark Index”). This objective is after the deduction of charges and taxation.

Benchmark

ROBO Global® Robotics and Automation UCITS Index (GBP)

  • What does it invest in? Invests in shares in companies from across the world in accordance with the index defined by the index provider, ROBO Global LLC. The companies in whose shares the fund invests are involved in the fields of robotics and automation. We believe this is a long-term trend that is radically transforming the way we live and work with a high growth potential over the coming decades.
  • How does it invest? Passively managed, aiming to replicate the performance of the Index.

Further details

Costs

Dilution adjustment
0.26%- 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 May 2022

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

    As at 31 Mar 2022

    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 March 2018 2019 2020 2021 2022
    Benchmark-----

    Calendar year performance (%)

    2017 2018 2019 2020 2021
    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 14 May 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 14 May 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 14 May 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 Inc unit class in GBP, launched on 14 May 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 L Acc unit class in GBP, launched on 14 May 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.

    Portfolio

    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.

    Sector (%)

    Industrials53.4
    Communications & Tech28.7
    Consumer Non-cyclical11.5
    Consumer Cyclical6.4

    Market capitalisation (%)

    Large36.4
    Mid20.5
    Small43.1
    Undefined-
    Top 10 holdings17.2
    Rest of portfolio82.8
    No. of holdings in fund82
    No. of holdings in index81

    Top 10 holdings (%)

    Ipg Photonics1.8
    Krones1.8
    Azenta1.8
    Fanuc1.7
    GEA Group1.7
    Irhythm Technologies1.7
    Hexagon B1.7
    Airtac International Group1.7
    Teradyne1.6
    Yokogawa Electric1.6

    Country (%)

    United States40.9
    Japan21.9
    Germany7.6
    Taiwan4.8
    Switzerland4.2
    Cayman Islands3.1
    Canada2.8
    Sweden2.7
    United Kingdom2.4
    Other9.6

    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

    Prices

    Name
    I GBP Acc
    Price
    60.83p
    Change (%)
    2.82
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    I GBP Inc
    Price
    60.78p
    Change (%)
    2.83
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    C GBP Acc
    Price
    61.23p
    Change (%)
    2.84
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    C GBP Inc
    Price
    60.93p
    Change (%)
    2.84
    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.

    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.