Unit Trust (UK UCITS compliant)

Legal & General Global Technology Index Trust

We have recently made a correction to the fund factsheets to illustrate this fund’s performance against the net benchmark. This correction has been applied to documentation dated 31 December 2020 and going forward. Any fund factsheets produced prior to this date show the fund’s performance against the gross benchmark, which may result in lower relative returns than expected.

Fund facts

Fund size
£1,361.0m
Base currency
GBP
Launch date
1 Nov 2000
Domicile
UK
Share class launch

Statistics

Historical yield
0.2%

As at 31 Jul 2021

Fund aim

The objective of the Fund is to provide growth by tracking the performance of the FTSE World -Technology Index (the “Index”). This objective is after the deduction of charges and taxation.

Benchmark

FTSE World -Technology Index

  • What does it invest in? Invests in the shares of global companies engaged in information technology activities, as represented by the Index.
  • How does it invest? Passively managed, aiming to replicate the performance of the Index.

Further details

Costs

Price basis
Single swing
Initial charge
0.00%
Ongoing charges figure
0.70%
Dilution adjustment
0.15%- round trip

Codes

ISIN
GB0001955755
SEDOL
0195575
Bloomberg
LEGGTII
MEX
LGGTIT

Dealing information

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

Performance

Source: Lipper

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 31 Jul 2021

    CumulativeFundBenchmark
    1 month2.102.42
    6 months15.0517.33
    Year to date17.3418.44
    3 years106.81111.55
    5 years228.09245.72
    Since launch278.88-
    AnnualisedFundBenchmark
    1 year35.9935.30
    3 years27.3828.34
    5 years26.8128.14
    Since launch6.63-

    As at 30 Jun 2021

    CumulativeFundBenchmark
    Quarterly11.5312.00
    Year to date14.9315.65
    3 years107.21113.33
    5 years257.91268.93
    Since launch271.08-
    AnnualisedFundBenchmark
    1 year33.4233.54
    3 years27.4628.70
    5 years29.0329.82
    Since launch6.55-
    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

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

    12 months to 30 June 2017 2018 2019 2020 2021
    Fund39.2724.0212.4638.0933.42
    Benchmark38.6924.6914.3839.6633.54

    Calendar year performance (%)

    2016 2017 2018 2019 2020
    Fund34.5823.771.1940.5040.33
    Benchmark35.5726.472.9140.8941.06

    Monthly performance (%)

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund35.9927.3826.816.63
    Benchmark35.3028.3428.14-

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund33.4227.4629.036.55
    Benchmark33.5428.7029.82-

    Performance for the C Acc unit class in GBP, launched on 22 February 2019. 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 22 February 2019. 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 F Acc unit class in GBP, launched on 20 December 2012. 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 26 August 2005. 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 01 November 2000. 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 Jul 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 (%)

    Technology100.0

    Market capitalisation (%)

    Large88.0
    Mid12.1
    Top 10 holdings56.7
    Rest of portfolio43.3
    No. of holdings in fund254
    No. of holdings in index253

    Top 10 holdings (%)

    Apple Inc14.9
    Microsoft Corp13.6
    Alphabet Cl A5.5
    Alphabet Cl C5.2
    Facebook4.8
    Taiwan Semiconductor Manufacturing3.4
    Nvidia Corp3.2
    Samsung Electronics Co Ltd2.2
    ASML2.1
    Adobe Inc2.0

    Country (%)

    United States78.8
    Taiwan5.5
    Korea3.9
    Japan3.5
    Netherlands2.4
    Germany1.6
    Canada1.5
    France0.7
    South Africa0.5
    Other1.5

    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
    C GBP Acc
    Price
    110.30p
    Change (%)
    0
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    C GBP Inc
    Price
    108.30p
    Change (%)
    0
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    F GBP Acc
    Price
    104.20p
    Change (%)
    0
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    I GBP Acc
    Price
    110.40p
    Change (%)
    -0.09
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    R GBP Acc
    Price
    99.41p
    Change (%)
    -0.06
    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.

    Most of the fund holds investments from a particular market sector, that of information technology. 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.

    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.

    Index disclaimer

    Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2021. 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.