Collectives

ICAV (UCITS compliant)

L&G Euro Treasury Bond Index Fund

I-Class GBP Accumulation

ISINIE00036TT691

Price

Fund aim

The Fund aims to provide investors with a return in line with the Euro government bond market, as represented by the Bloomberg Euro Treasury Index (the "Index").

Fund snapshot

  • What does it invest in? Invests primarily in bonds that make up the index, issued in euros by governments of Eurozone countries. These bonds will be investment grade bonds (lower risk). The Fund may also use derivatives.
  • How does it invest? Passively managed, aiming to replicate the performance of the index.

Fund facts

Fund size€95.7m
Base currencyEUR
Fund launch date8 Dec 2016
DomicileIreland
Share class launch21 Feb 2023
Modified duration7.22 years
Gross redemption yield (unhedged)2.88%
As at 31 Jan 2024

Benchmark

Bloomberg Euro Aggregate Treasury Index

Costs

Initial charge0.00%
Ongoing charges figure0.19%
Dilution levy0.142% - round trip
Entry anti-dilution levy0.07%
Exit anti-dilution levy0.07%

Performance

Performance for the I GBP Acc unit class in GBP, launched on 21 February 2023. 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.
Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past. The tables and charts above shows the fund's performance as the percentage loss or gain per year over the last 10 years.
Share class launch date:21 Feb 2023
Benchmark:Bloomberg Euro Aggregate Treasury Index
Share class launch date:21 Feb 2023
Benchmark:Bloomberg Euro Aggregate Treasury Index
    Share class launch date:21 Feb 2023
    Benchmark:Bloomberg Euro Aggregate Treasury Index

    Portfolio breakdown

    As at 31 Jan 2024

    Top 10 holdings7.8%
    Rest of portfolio92.2%
    No. of issuers in fund20
    No. of issuers in index20

    Top 10 holdings (%)

    French Govt Bond OAT 2.5% 25 May 300.8
    French Govt Bond OAT 2.75% 25 Oct 270.8
    French Govt Bond OAT 0.75% 25 May 280.8
    French Govt BondOAT 0.75% 25 Feb 280.8
    French Govt Bond OAT 1.5% 25 May 310.8
    French Govt Bond OAT 1% 25 Nov 250.8
    French Govt Bond OAT 0.25% 25 Nov 260.8
    Deutsche Bundesanleihe 2.3% 15 Feb 330.8
    French Govt Bond OAT 0.75% 25 Nov 280.7
    French Govt Bond OAT 0% 25 Nov 300.7

    Country (%)

    France
    24.4
    Italy
    21.8
    Germany
    18.9
    Spain
    14.3
    Belgium
    5.2
    Netherlands
    4.4
    Austria
    3.5
    Portugal
    2.0
    Ireland
    1.6
    Other
    3.9

    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.

    Fund managers

    LGIM Index Fund Management Team headshot

    LGIM Index Fund 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.

    Literature

    Prices

    Pricing information

    Price basisSingle - dilution levy
    Price time22:30 Irish time
    CurrencyGBP
    Monthly price history

    Codes and dealing

    Codes

    ISINIE00036TT691
    SEDOLBQ2JWH7
    BloombergLGETBIG ID
    MEXLEABEQ

    Dealing information

    Valuation frequencyDaily, 22:30 Irish time
    Dealing frequencyEach Irish and UK Business Day
    Settlement periodT+2
    Administrator/CustodianNorthern Trust

    Country registration

    This share class is registered for sale in the following countries:

    Ireland
    Switzerland
    United Kingdom