Legal & General Future World Sustainable Global Equity Focus Fund
Unit Trust (UCITS compliant)
Legal & General Future World Sustainable Global Equity Focus Fund
I-Class GBP Accumulation
ISINGB00BLPPF560
Price
ISINGB00BLPPF560
Price
Fund aim
The objective of the Fund is to achieve a total return in excess of the MSCI World Net Total Return Index (the “Benchmark Index”), after the deduction of charges and measured over rolling 3-5 year periods.
Fund snapshot
- What does it invest in? the Fund invests predominantly in shares of companies globally, including emerging markets, across a variety of sectors. The fund invests in companies capable of delivering long-term sustainable growth with high returns on capital.
- How does it invest? Actively managed portfolio, meaning that the Investment Manager will not be tied to investing in the constituents of any index, and will use its discretion with regards to selecting the companies, sectors, and geographical exposure of the Fund’s holdings. The fund also fully integrates environmental, social and governance (ESG) assessment and active engagement, where responsible investing and active ownership/stewardship represent core investment pillars. All investments held by the Fund contribute to one or more of the UN Sustainable Development Goals ‘UN SDGs’).
Fund facts
Fund size | £28.5m |
Base currency | GBP |
Fund launch date | 13 Dec 2021 |
Domicile | UK |
Share class launch | 13 Dec 2021 |
Benchmark
MSCI World Net Total Return Index
Costs
Initial charge | 0.00% |
Ongoing charges figure | 0.55% |
Dilution adjustment | 0.14% - round trip |
Performance
Portfolio breakdown
As at 31 Jan 2024
Top 10 holdings | 45.5% |
---|---|
Rest of portfolio | 54.5% |
No. of holdings | 39 |
---|
Top 10 holdings (%)
Microsoft Corp | 8.4 |
Alphabet Inc | 5.2 |
Novo Nordisk | 4.6 |
Mastercard Incorporated | 4.4 |
Amazon Com Inc | 4.2 |
Mondelez Intl Inc | 3.9 |
Intuit | 3.8 |
S&P Global Inc | 3.8 |
Thermo Fisher Scientific Inc | 3.7 |
Msci Inc | 3.7 |
Country (%)
United States | 82.7 |
Denmark | 5.5 |
Netherlands | 2.9 |
Hong Kong | 1.9 |
Switzerland | 1.7 |
Sweden | 1.6 |
Italy | 1.3 |
United Kingdom | 0.8 |
China | 0.8 |
Other | 0.7 |
Top 10 holdings | 45.5% |
---|---|
Rest of portfolio | 54.5% |
No. of holdings | 39 |
---|
Top 10 holdings (%)
Microsoft Corp | 8.4 |
Alphabet Inc | 5.2 |
Novo Nordisk | 4.6 |
Mastercard Incorporated | 4.4 |
Amazon Com Inc | 4.2 |
Mondelez Intl Inc | 3.9 |
Intuit | 3.8 |
S&P Global Inc | 3.8 |
Thermo Fisher Scientific Inc | 3.7 |
Msci Inc | 3.7 |
Country (%)
United States | 82.7 |
Denmark | 5.5 |
Netherlands | 2.9 |
Hong Kong | 1.9 |
Switzerland | 1.7 |
Sweden | 1.6 |
Italy | 1.3 |
United Kingdom | 0.8 |
China | 0.8 |
Other | 0.7 |
Market capitalisation (%)
Large | 93.7 |
Mid | 5.5 |
Small | 0.8 |
Undefined | - |
Top 5 sector over/underweights (%)
Fund | Relative | ||
---|---|---|---|
Health Care | 19.0 | 6.7 | |
Industrials | 14.3 | 3.4 | |
Consumer Discretionary | 12.8 | 2.2 | |
Financials | 17.0 | 1.7 | |
Consumer Staples | 7.1 | 0.3 | |
Information Technology | 22.8 | -0.9 | |
Real Estate | 0.0 | -2.3 | |
Utilities | 0.0 | -2.5 | |
Materials | 0.0 | -3.9 | |
Energy | 0.0 | -4.4 |
Top stock over/underweights (%)
Fund | Relative | ||
---|---|---|---|
Novo Nordisk | 4.6 | 3.9 | |
Mastercard Incorporated | 4.4 | 3.8 | |
Microsoft Corp | 8.4 | 3.8 | |
Mondelez Intl Inc | 3.9 | 3.7 | |
Msci Inc | 3.7 | 3.6 | |
Eli Lilly & Co | 0.0 | -0.9 | |
Broadcom Ltd | 0.0 | -0.9 | |
Tesla Inc | 0.0 | -0.9 | |
Meta Platforms Inc | 0.0 | -1.4 | |
Apple Inc | 0.0 | -4.7 |
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
Robert White
Robert joined LGIM in 2018 as a Fund Manager for the UK Special Situations Trust. Prior to this Robert worked at Mirabaud Asset Management where he was an Assistant Fund Manager (2013 to 2018) on the UK Equities Core product. Before that he worked at PWC in their Transaction Services division. In total he has over 10 years experience working within financial services. He read Philosophy, Politics and Economics at Pembroke College, Oxford and is a member of the Institute of Chartered Accountants in England and Wales.
Literature
Document type
Prices
Pricing information
Price basis | Single swing |
Price time | 15:00 UK time |
Currency | GBP |
Codes and dealing
Codes
ISIN | GB00BLPPF560 |
SEDOL | BLPPF56 |
Bloomberg | LEGEFII LN |
MEX | LGABBT |
Dealing information
Valuation frequency | Daily, 3pm (UK time) |
Dealing frequency | Daily |
Settlement period | T+4 |
Country registration
This share class is registered for sale in the following countries: