Collectives

Unit Trust (UK UCITS compliant)

Legal & General Strategic Bond Fund

I-Class GBP Accumulation

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 currencyGBP
Fund launch date1 May 2007
DomicileUK
Share class launch1 May 2007
Annualised yield5.9%
Modified duration3.47 years
As at 29 Feb 2024

Costs

Initial charge0.00%
Ongoing charges figure0.63%
Dilution adjustment0.512% - round trip

Fund ratings

Performance

Performance for the I Acc unit class in GBP, launched on 01 May 2007. 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:01 May 2007
Share class launch date:01 May 2007
    Share class launch date:01 May 2007

    Portfolio breakdown

    As at 29 Feb 2024

    Top 10 issuers19.0%
    Rest of portfolio81.0%
    No. of issuers349

    Top 10 issuers (%)

    AA/United Kingdom2.6
    Volkswagen2.2
    Groupe BPCE2.2
    Barclays2.1
    Aviva2.0
    Banco Santander1.9
    ING Groep1.9
    British American Tobacco1.5
    BNP Paribas1.4
    Vodafone Group1.4

    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

    All data source LGIM unless otherwise stated. Totals may not sum due to rounding.

    Fund managers

    Colin Reedie headshot

    Colin Reedie

    Colin Reedie's award

    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 headshot

    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

    Prices

    Pricing information

    Price basisSingle swing
    Price time15:00 UK time
    CurrencyGBP
    Monthly price history
    Please note that a maximum of 10 years price history is available.

    Codes and dealing

    Codes

    ISINGB00B1TWMW95
    SEDOLB1TWMW9
    BloombergLGDNBIA
    MEXLGBTBI

    Dealing information

    Valuation frequencyDaily, 3pm (UK time)
    Dealing frequencyDaily
    Settlement periodT+4

    Country registration

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

    United Kingdom