Legal & General Strategic Bond Fund
Unit Trust (UK UCITS compliant)
Legal & General Strategic Bond Fund
I-Class GBP Accumulation
ISINGB00B1TWMW95
Price
ISINGB00B1TWMW95
Price
Fund aim
The objective of this Fund is to provide income and growth.
Fund snapshot
- What does it invest in? Invests in all types of bonds and related investments, from UK and overseas issuers, across the risk spectrum.
- How does it invest? Actively managed, with wide discretion to invest in different types of securities and derivatives. Aims to hold at least 80% in bonds and will have a net exposure of at least 80% to sterling.
Fund facts
Fund size | £532.7m |
Base currency | GBP |
Fund launch date | 1 May 2007 |
Domicile | UK |
Share class launch | 1 May 2007 |
Annualised yield | 5.9% |
Modified duration | 3.47 years |
Costs
Initial charge | 0.00% |
Ongoing charges figure | 0.63% |
Dilution adjustment | 0.512% - round trip |
Fund ratings
Performance
Portfolio breakdown
As at 29 Feb 2024
Top 10 issuers | 19.0% |
---|---|
Rest of portfolio | 81.0% |
No. of issuers | 349 |
---|
Top 10 issuers (%)
AA/United Kingdom | 2.6 |
Volkswagen | 2.2 |
Groupe BPCE | 2.2 |
Barclays | 2.1 |
Aviva | 2.0 |
Banco Santander | 1.9 |
ING Groep | 1.9 |
British American Tobacco | 1.5 |
BNP Paribas | 1.4 |
Vodafone Group | 1.4 |
Sector (%)
Banks | 25.6 |
Consumer Services | 9.2 |
Sovereign | 7.8 |
Consumer Goods | 7.3 |
Oil & Gas | 6.5 |
Insurance | 6.4 |
Real Estate | 4.8 |
ABS | 4.8 |
Basic Materials | 4.6 |
Other | 22.9 |
Top 10 issuers | 19.0% |
---|---|
Rest of portfolio | 81.0% |
No. of issuers | 349 |
---|
Top 10 issuers (%)
AA/United Kingdom | 2.6 |
Volkswagen | 2.2 |
Groupe BPCE | 2.2 |
Barclays | 2.1 |
Aviva | 2.0 |
Banco Santander | 1.9 |
ING Groep | 1.9 |
British American Tobacco | 1.5 |
BNP Paribas | 1.4 |
Vodafone Group | 1.4 |
Sector (%)
Banks | 25.6 |
Consumer Services | 9.2 |
Sovereign | 7.8 |
Consumer Goods | 7.3 |
Oil & Gas | 6.5 |
Insurance | 6.4 |
Real Estate | 4.8 |
ABS | 4.8 |
Basic Materials | 4.6 |
Other | 22.9 |
Credit rating (%)
AA | 3.2 | |
A | 8.8 | |
BBB | 42.2 | |
BB | 24.6 | |
B | 14.3 | |
CCC | 1.1 | |
C | 0.1 | |
NR | 1.4 | |
Cash | 4.3 | |
Other | 0 |
Country (%)
United Kingdom | 26.8 |
United States | 14.9 |
France | 5.6 |
Germany | 4.8 |
Italy | 4.4 |
Spain | 4.3 |
India | 2.7 |
Netherlands | 2.6 |
Brazil | 1.9 |
Other | 32.0 |
All data source LGIM unless otherwise stated. Totals may not sum due to rounding.
Fund managers
Colin Reedie
As Head of Active Strategies, Colin has responsibility for both the London-based fixed income and equity teams, as well as portfolio management responsibilities for our Global Credit, Absolute Return and Equity/Credit strategies. Colin joined LGIM in 2005 and has over 30 years’ experience.
Matthew Rees
Matthew was appointed Head of Global Bond Strategies in September 2019. Prior to this he was co-head of the Euro credit portfolio management team, and joined LGIM in March 2009. Matthew has more than 25 years’ experience in financial markets.
Literature
Document type
Prices
Pricing information
Price basis | Single swing |
Price time | 15:00 UK time |
Currency | GBP |
Download full price history
Codes and dealing
Codes
ISIN | GB00B1TWMW95 |
SEDOL | B1TWMW9 |
Bloomberg | LGDNBIA |
MEX | LGBTBI |
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: