As at 31 Aug 2023
The objective of this Fund is to maintain capital and to provide a return in line with money market rates, before charges.
IA Short Term Money Market NR
| Valuation frequency | Daily, 12pm (UK time) |
| Dealing frequency | Daily |
| Settlement period | T+1 |
This share class is registered for sale in the following countries:
Source: Lipper
Performance for the I Acc unit class in GBP, launched on 07 November 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.
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.
Performance for the I Inc unit class in GBP, launched on 27 March 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.
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.
Performance for the L Acc unit class in GBP, launched on 28 April 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.
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.
Performance for the R Acc unit class in GBP, launched on 23 September 1992. 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.
Performance for the unit class in GBP, launched on 21 December 1977. 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 fund performance does not take into account of any product charges or External Funds Annual Management Charge (EFAMC).
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.
Performance for the unit class in GBP, launched on 21 December 1977. 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.
Performance for the unit class in GBP, launched on 26 October 2018. 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 fund performance does not take into account of any product charges or External Funds Annual Management Charge (EFAMC).
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.
Performance for the unit class in GBP, launched on 26 October 2018. 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.
As at 31 Aug 2023
| Cumulative | Fund | IA Sector |
| 1 month | 0.46 | 0.43 |
| 6 months | 2.19 | 2.11 |
| Year to date | 2.85 | 2.66 |
| 3 years | 4.07 | 3.64 |
| 5 years | 5.24 | 4.46 |
| Since launch | 22.86 | - |
| Annualised | Fund | IA Sector |
| 1 year | 3.72 | 3.44 |
| 3 years | 1.34 | 1.20 |
| 5 years | 1.03 | 0.88 |
| Since launch | 1.16 | - |
As at 30 Jun 2023
| Cumulative | Fund | IA Sector |
| Quarterly | 1.02 | 0.98 |
| Year to date | 1.94 | 1.83 |
| 3 years | 3.15 | 2.79 |
| 5 years | 4.40 | 3.67 |
| Since launch | 21.77 | - |
| Annualised | Fund | IA Sector |
| 1 year | 3.01 | 2.79 |
| 3 years | 1.04 | 0.92 |
| 5 years | 0.86 | 0.72 |
| Since launch | 1.12 | - |
| 12 months to 30 June | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.16 | 0.20 | 0.22 | 0.20 | 0.31 | 0.65 | 0.56 | -0.06 | 0.19 | 3.01 |
| IA Sector | 0.11 | 0.14 | 0.17 | 0.09 | 0.13 | 0.46 | 0.40 | -0.11 | 0.10 | 2.79 |
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.18 | 0.16 | 0.23 | 0.21 | 0.20 | 0.51 | 0.66 | 0.23 | -0.09 | 1.29 |
| IA Sector | 0.11 | 0.14 | 0.14 | 0.16 | 0.05 | 0.33 | 0.50 | 0.10 | -0.11 | 1.10 |
| 1 year | 3 years | 5 years | Since launch | |
|---|---|---|---|---|
| Fund | 3.72 | 1.34 | 1.03 | 1.16 |
| IA Sector | 3.44 | 1.20 | 0.88 | - |
| 1 year | 3 years | 5 years | Since launch | |
|---|---|---|---|---|
| Fund | 3.01 | 1.04 | 0.86 | 1.12 |
| IA Sector | 2.79 | 0.92 | 0.72 | - |
As at 31 Aug 2023. All data source LGIM unless otherwise stated. Totals may not sum due to rounding.
| Cash | 100.0 |
| 0 to 7 days | 33.7 | |
| 7 days to 1 month | 23.5 | |
| 1 to 3 months | 16.8 | |
| 3 to 6 months | 13.5 | |
| 6 to 12 months | 8.6 | |
| 1 to 3 years | 3.8 |
| AA | 11.4 | |
| AA- | 26.6 | |
| A+ | 32.7 | |
| A | 27.4 | |
| Cash | 1.9 |
Source: Standard & Poor's
| Top 10 issuers | 52.4 | |
| Rest of portfolio | 47.6 |
| UK Government | 11.4 |
| Bank of Tokyo Mitsubishi | 7.7 |
| Nationwide Building Society | 5.7 |
| Rabobank | 4.6 |
| Mizuho Corporate Bank | 3.9 |
| Canadian Imperial Bank | 3.8 |
| National Bank of Canada | 3.8 |
| First Abu Dhabi Bank | 3.8 |
| Sumitomo Mitsui Banking | 3.8 |
| ABN Amro | 3.8 |
| United Kingdom | 29.3 | |
| Japan | 12.5 | |
| Canada | 10.5 | |
| Netherlands | 9.9 | |
| Singapore | 8.8 | |
| France | 8.1 | |
| United States | 5.7 | |
| Australia | 5.2 | |
| United Arab Emirates | 3.8 | |
| Other | 6.4 |
Liquidity Management
Liquidity Management (within Global Trading and Liquidity) forms a strategic part of our asset management capability incorporating liquidity and short duration portfolios as well as securities financing.
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.
Total dividends paid in each financial year of the fund.
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.
Legal & General (Unit Trust Managers) Limited
PO Box 6080
Wolverhampton
WV1 9RB
Tel : 0370 050 0955
Email: [email protected]
Legal & General ICAV
LGIM Liquidity Funds Plc
Northern Trust International Fund Administration Services (Ireland) Limited
City East Plaza - Block A
Towlerton
Ballysimon Road
Limerick
Ireland
V94 X2N9
Fax: +353 1 434 5293
Telephone: +353 1 434 5080
Email: [email protected]
Legal & General SICAV
Northern Trust Global Services SE
10 Rue du Château d'Eau
L-3364 Leudelange
Grand-Duché de Luxembourg
Facsimile: +352 28 294 454
Telephone: +352 28 294 123
Email: [email protected]
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.
When interest rates are low or negative and if the fund’s income is not enough to pay charges, the fund’s capital will be used instead. This may cause capital erosion and the value of the fund to fall.
Where interest rates are negative, you may not receive interest payments and the value of your fund may decrease.
This fund 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 bonds 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 has money on deposit with companies such as banks or other financial institutions and invests in bonds which are issued by the government. If these companies or the government 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 your fund may fall.
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.
This fund is not the same as a bank or building society account. Your money is not protected under the UK deposit protection scheme.
We may take some or all of the ongoing charges from the fund's capital rather than the fund's income. This increases the amount of income, but it reduces the growth potential and may lead to a fall in the value of the fund.
Investment returns on bonds are sensitive to trends in interest rate movements. Such changes will affect the value of your investment.
This information is intended for investment professionals only and is for information purposes only. It should not be distributed without our permission.
No investment decisions should be made without first reviewing the key investor information document and prospectus (and any supplements thereto) of the relevant product which includes information on certain risks associated with an investment.
Unless otherwise agreed in writing, the Information on this website (a) is for information purposes only and we are not soliciting any action based on it, and (b) is not a recommendation to buy or sell securities or pursue a particular investment strategy; and (c) is not investment, legal, regulatory or tax advice. Any trading or investment decisions taken by you should be based on your own analysis and judgment (and/or that of your professional advisers) and not in reliance on us or the Information.
This information is only directed at investors resident in jurisdictions where each fund is registered for sale. It is not an offer or invitation to persons outside of those jurisdictions. We reserve the right to reject any applications from outside of such jurisdictions.
All information detailed on this website is current at the time of publication and may be changed in the future.
Source: Unless otherwise indicated all data contained on this website is sourced from Legal & General Investment Management Limited.
Where this document contains third party data ('Third Party Data’), we cannot guarantee the accuracy, completeness or reliability of such Third Party Data and accept no responsibility or liability whatsoever in respect of such Third Party Data
Issued by Legal & General Investment Management Limited as promoter and distributor for this fund in the UK.
Legal & General Investment Management Limited has been appointed as the discretionary investment manager for these Funds and is Registered in England and Wales No. 02091894. Registered Office: One Coleman Street, London, EC2R 5AA, United Kingdom. Authorised and regulated by the Financial Conduct Authority, No. 119272.
