Legal & General UK Equity Income Fund
Unit Trust (UK UCITS compliant)
Legal & General UK Equity Income Fund
R-Class GBP Accumulation
ISINGB00B5VZFY75
Price
ISINGB00B5VZFY75
Price
Fund aim
The objective of the Fund is to provide income in excess of the income generated by the FTSE All Share TR Net Index, the “Benchmark Index, measured before the deduction of any charges and over rolling five year periods, whilst aiming for capital growth over the long term (at least five years). Please note, invested capital is at risk and there is no guarantee that the above will be attained over any time period.
Fund snapshot
- What does it invest in? Invests at least 80% in the shares of UK companies.
- How does it invest? Actively managed, with holdings in between 40 and 60 companies on average over a typical market cycle of 3-5 years.
Fund facts
Fund size | £178.1m |
Base currency | GBP |
Fund launch date | 31 Mar 2011 |
Domicile | UK |
Share class launch | 31 Mar 2011 |
Benchmark
FTSE Cus All-Share Mid (12:00 UK) Net (UK UCIT) TR
Costs
Initial charge | 0.00% |
Ongoing charges figure | 1.43% |
Dilution adjustment | 0.68% - round trip |
Performance
Portfolio breakdown
As at 29 Feb 2024
Top 10 holdings | 44.3% |
---|---|
Rest of portfolio | 55.7% |
No. of holdings | 48 |
---|
Top 10 holdings (%)
BP | 6.6 |
Shell | 6.4 |
GSK | 5.0 |
BAE Systems | 5.0 |
Rio Tinto | 4.0 |
Unilever | 3.7 |
Tesco | 3.6 |
Astrazeneca | 3.5 |
Barclays | 3.4 |
Lloyds Banking Gp | 3.0 |
Country (%)
United Kingdom | 100.0 |
Top 10 holdings | 44.3% |
---|---|
Rest of portfolio | 55.7% |
No. of holdings | 48 |
---|
Top 10 holdings (%)
BP | 6.6 |
Shell | 6.4 |
GSK | 5.0 |
BAE Systems | 5.0 |
Rio Tinto | 4.0 |
Unilever | 3.7 |
Tesco | 3.6 |
Astrazeneca | 3.5 |
Barclays | 3.4 |
Lloyds Banking Gp | 3.0 |
Country (%)
United Kingdom | 100.0 |
Market capitalisation (%)
Large | 79.7 |
Mid | 17.9 |
Small | 1.4 |
Cash and Equivalents | 1.0 |
Top 5 sector over/underweights (%)
Fund | Relative | ||
---|---|---|---|
Energy | 13.8 | 3.0 | |
Real Estate | 4.9 | 2.4 | |
Telecommunications | 3.1 | 2.1 | |
Basic Materials | 7.5 | 1.0 | |
Industrials | 13.2 | 0.8 | |
Consumer Staples | 14.1 | -0.1 | |
Utilities | 2.3 | -1.2 | |
Health Care | 10.0 | -1.2 | |
Technology | 0.0 | -1.4 | |
Financials | 17.8 | -5.9 |
Top stock over/underweights (%)
Fund | Relative | ||
---|---|---|---|
BAE Systems | 5.0 | 3.3 | |
BP | 6.6 | 3.2 | |
Tesco | 3.6 | 2.8 | |
Barclays | 3.4 | 2.3 | |
Qinetiq Group | 2.3 | 2.3 | |
Glencore | 0.0 | -2.0 | |
Diageo | 0.0 | -2.9 | |
Relx | 0.0 | -2.9 | |
Astrazeneca | 3.5 | -2.9 | |
HSBC Holdings | 0.9 | -4.3 |
All data source LGIM unless otherwise stated. Totals may not sum due to rounding. The figures shown for market capitalisation (the total share value of a company) may not be comparable between funds as they can be measured and classed in different ways.
Fund managers
David Jackson
David joined LGIM in 2019 and is a portfolio manager focusing on UK and European value equities. David read physics at Worcester College, Oxford and holds a Master’s in Finance from London Business School. He is a CFA charter holder.
Stuart Briscoe
Stuart Briscoe, Portfolio Manager, Active Strategies, joined LGIM in September 2018 from ICM Investment Management. Previous roles include positions at Sarasin & Partners and Henderson Global Investors. He graduated from Warwick University with a BSc in Economics, is a CFA charterholder and holds the CFA Certificate in ESG Investing.
Literature
Document type
Prices
Pricing information
Price basis | Single swing |
Price time | 12:00 UK time |
Currency | GBP |
Download full price history
Codes and dealing
Codes
ISIN | GB00B5VZFY75 |
SEDOL | B5VZFY7 |
Bloomberg | LGUEIRA |
MEX | LGAACP |
Dealing information
Valuation frequency | Daily, 12pm (UK time) |
Dealing frequency | Daily |
Settlement period | T+4 |
Country registration
This share class is registered for sale in the following countries: