Unit Trust (UK UCITS compliant)

Legal & General Mixed Investment 20-60% Fund

Fund facts

Fund size
£1,245.6m
Base currency
GBP
Launch date
30 Jun 2014
Domicile
UK
Share class launch

Statistics

Historical yield
1.4%

As at 31 May 2021

Fund aim

The objective of the Fund is to provide a combination of growth and income.

Benchmark

IA: Mixed Investment 20-60% Shares

  • What does it invest in? Invests primarily in funds, with between 20% and 60% underlying exposure to company shares and the remainder in bonds and other investments including property.
  • How does it invest? Actively managed, with between 20% and 60% exposure to company shares and at least 30% exposure to bonds and money market instruments.

Further details

Costs

Price basis
Single swing
Initial charge
0.00%
Ongoing charges figure
0.95%
Dilution adjustment
0.08% - round trip

Codes

ISIN
GB00BMHTPM03
SEDOL
BMHTPM0
Bloomberg
LGM60DA LN
MEX
LGAAIT

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 2021

    CumulativeFundIA Sector
    1 month0.390.34
    6 months4.585.61
    Year to date2.893.57
    3 years14.3614.00
    5 years33.1433.19
    Since launch38.86-
    AnnualisedFundIA Sector
    1 year12.6713.64
    3 years4.574.46
    5 years5.895.90
    Since launch4.86-

    As at 31 Mar 2021

    CumulativeFundIA Sector
    Quarterly0.501.01
    Year to date0.501.01
    3 years15.1814.75
    5 years30.7030.81
    Since launch35.64-
    AnnualisedFundIA Sector
    1 year19.9720.49
    3 years4.824.69
    5 years5.505.52
    Since launch4.62-
    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

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

    12 months to 31 March 2017 2018 2019 2020 2021
    Fund14.28-0.714.08-7.7519.97
    IA Sector13.090.812.90-7.4520.50

    Calendar year performance (%)

    2016 2017 2018 2019 2020
    Fund13.266.30-5.6313.802.82
    IA Sector10.637.19-5.1612.223.36

    Monthly performance (%)

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund12.674.575.894.86
    IA Sector13.644.465.90-

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund19.974.825.504.62
    IA Sector20.494.695.52-

    Performance for the C Acc unit class in GBP, launched on 30 June 2014. 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. The performance comparator is provided to give context to the performance. The Mixed Investment 20-60% Fund aims to achieve an attractive balance between risk and return, and does not aim to closely track the IA sector as a benchmark.

    Past performance is not a guide to the future.

    Performance for the D Acc unit class in GBP, launched on 30 June 2014. 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. The performance comparator is provided to give context to the performance. The Mixed Investment 20-60% Fund aims to achieve an attractive balance between risk and return, and does not aim to closely track the IA sector as a benchmark.

    Past performance is not a guide to the future.

    Performance for the D Inc unit class in GBP, launched on 30 June 2014. 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. The performance comparator is provided to give context to the performance. The Mixed Investment 20-60% Fund aims to achieve an attractive balance between risk and return, and does not aim to closely track the IA sector as a benchmark.

    Past performance is not a guide to the future.

    Performance for the F Acc unit class in GBP, launched on 01 June 2016. 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. The performance comparator is provided to give context to the performance. The Mixed Investment 20-60% Fund aims to achieve an attractive balance between risk and return, and does not aim to closely track the IA sector as a benchmark.

    Past performance is not a guide to the future.

    Performance for the F Inc unit class in GBP, launched on 01 June 2016. 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. The performance comparator is provided to give context to the performance. The Mixed Investment 20-60% Fund aims to achieve an attractive balance between risk and return, and does not aim to closely track the IA sector as a benchmark.

    Past performance is not a guide to the future.

    Performance for the I Acc unit class in GBP, launched on 30 June 2014. 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. The performance comparator is provided to give context to the performance. The Mixed Investment 20-60% Fund aims to achieve an attractive balance between risk and return, and does not aim to closely track the IA sector as a benchmark.

    Past performance is not a guide to the future.

    Performance for the I Inc unit class in GBP, launched on 30 June 2014. 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. The performance comparator is provided to give context to the performance. The Mixed Investment 20-60% Fund aims to achieve an attractive balance between risk and return, and does not aim to closely track the IA sector as a benchmark.

    Past performance is not a guide to the future.

    Performance for the L Acc unit class in GBP, launched on 25 April 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. The performance comparator is provided to give context to the performance. The Mixed Investment 20-60% Fund aims to achieve an attractive balance between risk and return, and does not aim to closely track the IA sector as a benchmark.

    Past performance is not a guide to the future.

    Portfolio

    As at 31 May 2021. All data source LGIM unless otherwise stated. Totals may not sum due to rounding.

    Asset allocation (%)

    Equities43.8
    Government Bonds6.2
    Credit and Emerging Market Debt35.8
    Alternatives9.2
    Cash5.0

    Equities (%)

    UK Equity16.4
    North America Equity9.1
    Europe ex UK Equity7.1
    Japan Equity4.3
    Asia Pacific ex Japan Equity3.5
    Emerging Market Equity3.4

    Developed corporate bonds (%)

    Government bonds (%)

    Gilts3.3
    Dev ex UK Sovereign2.5
    Global Inflation-Linked Bonds0.5

    Developed government bonds (%)

    Credit and emerging market debt (%)

    Global Corporates11.3
    UK Corporate Bonds8.2
    High Yield6.1
    Emerging Market Bonds (Local)5.9
    Emerging Market Bonds (Hard Currency)4.3

    Alternatives (%)

    Listed Infrastructure5.7
    Real Estate Investment Trusts3.5

    UK (%)

    Europe ex UK (%)

    North America (%)

    Japan (%)

    Asia Pacific ex Japan (%)

    Emerging markets (%)

    Top 10 holdings68.7
    Rest of portfolio31.3

    Top 10 holdings (%)

    LGIM Global Corporate Bond Fund11.3
    L&G (N) Tracker Trust9.6
    L&G US Index Trust7.8
    L&G Sterling Corporate Bond Index Fund7.6
    L&G European Index Trust7.6
    L&G High Income Trust6.1
    Cash5.0
    L&G Global Listed Infrastructure Index Fund5.0
    L&G UK MID Cap Index Fund4.7
    L&G Emerging Markets Government Bond (US$) Index Fund4.1

    Energy (%)

    Grains (%)

    Industrial Metals (%)

    Precious Metals (%)

    Softs (%)

    Livestock (%)

    Fund Managers

    Bruce is a fund manager in the Multi-Asset Funds team, focusing on dynamic portfolio strategy in the multi-asset funds. Bruce joined LGIM in 2012 from Queensland Investment Corporation (QIC).

    Chris is a fund manager in Multi-Asset Funds team with responsibilities in portfolio management and on-going development across the multi-asset product range. Chris joined LGIM in 2015 from HSBC Global Asset Management.

    BruceWhite

    ChristopherTeschmacher

    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
    73.14p
    Change (%)
    0.14
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    D GBP Acc
    Price
    70.18p
    Change (%)
    0.14
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    D GBP Inc
    Price
    63.59p
    Change (%)
    0.14
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    F GBP Acc
    Price
    68.41p
    Change (%)
    0.13
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    I GBP Acc
    Price
    72.45p
    Change (%)
    0.14
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    I GBP Inc
    Price
    63.67p
    Change (%)
    0.14
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    L GBP Acc
    Price
    57.18p
    Change (%)
    0.14
    Currency
    GBP
    Price time
    15:00 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 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.

    By investing in other funds this fund indirectly holds bonds that are traded through agents, brokers or investment banks matching buyers and sellers. This makes the bonds less easy to buy and sell than investments traded on an exchange. In exceptional circumstances the fund may not be able to sell its holdings in other funds and may defer withdrawals, or suspend dealing. The Directors can only delay paying out if it is in the interests of all investors and with the permission of the fund 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.

    Investment returns on bonds are sensitive to trends in interest rate movements. Such changes will affect the value of your investment.