L&G Multi-Asset Target Return Fund
SICAV (UCITS compliant)
L&G Multi-Asset Target Return Fund
I-Class GBP (Hedged) Income
ISINLU2052313744
Price
ISINLU2052313744
Price
Fund aim
The objective of this Fund is to provide a combination of income and growth of ICE BofA EUR 3-Month Deposit Offered Rate Constant Maturity Index + 5% per annum, the “Benchmark”. This objective is before the deduction of any charges and measured over rolling three year periods. There is no guarantee that the manager will achieve the above objective in any period and capital invested in the Fund is at risk.
Fund snapshot
- What does it invest in? Invests in a wide range of different types of investment, including funds, company shares, bonds, currencies and derivatives. May invest anywhere in the world, including in developing countries.
- How does it invest? Actively managed, and seeks to achieve its return objective while managing overall volatility of the fund, reducing average sensitivity to global share prices and limiting losses in the event of a large fall in global shares.
Fund facts
Fund size | €113.3m |
Base currency | EUR |
Fund launch date | 12 Dec 2018 |
Domicile | Luxembourg |
Share class launch | 30 Sep 2019 |
Benchmark
ICE BofA EUR 3-Month Deposit Offered Rate Constant Maturity Index + 5%
Costs
Initial charge | 0.00% |
Ongoing charges figure | 0.69% |
Dilution adjustment | 0.39% - round trip |
Performance
Fund managers
Emiel van den Heiligenberg
Emiel joined LGIM in August 2013 as Head of Asset Allocation with responsibility for asset allocation strategy and macro research. Prior to joining LGIM, Emiel was CIO of the Multi-Asset Solutions Group at BNP Paribas Investment Partners, and responsible for managing a range of multi-asset strategies including absolute return, diversified growth funds, LDI and fiduciary, balanced mandates and multi-manager mandates.
Willem Klijnstra
Willem is responsible for LGIM's tactical asset allocation strategies. Willem joined LGIM in 2014 from BNP Paribas Investment Partners where he held the title of Head of TAA Research and Strategies. In this role he took responsibility for the multi-asset investment process and active management of global multi-asset portfolios, leading a team of economists, strategists and analysts. Willem graduated from the University of Groningen and University of Amsterdam, and holds a master's degree in econometrics and actuarial sciences. Willem is also a CFA charterholder.
Chris Jeffery
As the head of Rates and Inflation strategy at LGIM, Chris leads a team of experts who analyse and advise on fixed income markets. He has a wealth of cross-asset experience with a focus on developed and emerging market sovereign bonds and corporate credit. He joined LGIM in 2014 as part of the Asset Allocation team, after working as a senior economist and strategist at BNP Paribas Investment Partners. Before that, he was an economist at the Bank of England. Chris graduated with a first class degree in philosophy, politics and economics from University College, Oxford in 2015 and has an MSc in Economics (research) from the London School of Economics, and is a CFA charter holder.
Christopher Teschmacher
Christopher is a fund manager in Multi-Asset Funds team with responsibilities in portfolio management and on-going development across the multi-asset product range. Christopher joined LGIM in 2015 from HSBC Global Asset Management.
Literature
Document type
Prices
Pricing information
Price basis | Single swing |
Price time | 23:00 CET |
Currency | GBP |
Codes and dealing
Codes
ISIN | LU2052313744 |
SEDOL | BKLJVN5 |
Bloomberg | LGMTRII LX |
MEX | - |
Dealing information
Valuation frequency | Daily, 23:00 CET |
Dealing frequency | Each Business Day |
Settlement period | T+3 |
Administrator/Custodian | Northern Trust |
Country registration
This share class is registered for sale in the following countries: