Fund characteristics

The fund invests systematically in a globally diversified portfolio of quoted company shares; the index is designed to favour investment in companies which exhibit characteristics that have historically led to higher returns or lower risk than the market as a whole, and companies which are less carbon-intensive or earn green revenues; the manager will have the discretion to reduce investment in certain companies which do not, in the manager’s view, demonstrate adequate strategies and governance standards to transition to a low carbon economy. LGIM has made a commitment to address climate change by engaging directly with the largest companies in the world who are critical to the shift to a low carbon economy. Companies will be assessed by LGIM for robustness of their strategies, governance and transparency via LGIM’s Climate Impact Pledge. Companies that fail to meet LGIM’s minimum standards in low carbon transition and corporate governance standards may be excluded from the fund. The fund will also exclude shares issued by manufacturers of Controversial Weapons (as defined by FTSE and referred in the index name as ‘ex CW’).

The fund invests systematically in a globally diversified portfolio of quoted company shares; the index is designed to favour investment in companies which exhibit characteristics that have historically led to higher returns or lower risk than the market as a whole, and companies which are less carbon-intensive or earn green revenues; the manager will have the discretion to reduce investment in certain companies which do not, in the manager’s view, demonstrate adequate strategies and governance standards to transition to a low carbon economy. LGIM has made a commitment to address climate change by engaging directly with the largest companies in the world who are critical to the shift to a low carbon economy. Companies will be assessed by LGIM for robustness of their strategies, governance and transparency via LGIM’s Climate Impact Pledge. Companies that fail to meet LGIM’s minimum standards in low carbon transition and corporate governance standards may be excluded from the fund. The fund will also exclude shares issued by manufacturers of Controversial Weapons (as defined by FTSE and referred in the index name as ‘ex CW’).

The fund invests systematically in a globally diversified portfolio of quoted company shares; the index is designed to favour investment in companies which exhibit characteristics that have historically led to higher returns or lower risk than the market as a whole, and companies which are less carbon-intensive or earn green revenues; the manager will have the discretion to reduce investment in certain companies which do not, in the manager’s view, demonstrate adequate strategies and governance standards to transition to a low carbon economy. LGIM has made a commitment to address climate change by engaging directly with the largest companies in the world who are critical to the shift to a low carbon economy. Companies will be assessed by LGIM for robustness of their strategies, governance and transparency via LGIM’s Climate Impact Pledge. Companies that fail to meet LGIM’s minimum standards in low carbon transition and corporate governance standards may be excluded from the fund. The fund will also exclude shares issued by manufacturers of Controversial Weapons (as defined by FTSE and referred in the index name as ‘ex CW’). Currency hedging is employed to protect against exchange rate movements between other developed market currencies (except where arising from holdings in emerging market securities denominated in developed market currencies (e.g. ADRs/GDRs)) and sterling. Currency hedging is achieved by selling forward for approximately one month the relevant currency exposure of the fund.

The fund invests systematically in a globally diversified portfolio of quoted company shares; the index is designed to favour investment in companies which exhibit characteristics that have historically led to higher returns or lower risk than the market as a whole, and companies which are less carbon-intensive or earn green revenues; the manager will have the discretion to reduce investment in certain companies which do not, in the manager’s view, demonstrate adequate strategies and governance standards to transition to a low carbon economy. LGIM has made a commitment to address climate change by engaging directly with the largest companies in the world who are critical to the shift to a low carbon economy. Companies will be assessed by LGIM for robustness of their strategies, governance and transparency via LGIM’s Climate Impact Pledge. Companies that fail to meet LGIM’s minimum standards in low carbon transition and corporate governance standards may be excluded from the fund. The fund will also exclude shares issued by manufacturers of Controversial Weapons (as defined by FTSE and referred in the index name as ‘ex CW’). Currency hedging is employed to protect against exchange rate movements between other developed market currencies (except where arising from holdings in emerging market securities denominated in developed market currencies (e.g. ADRs/GDRs)) and sterling. Currency hedging is achieved by selling forward for approximately one month the relevant currency exposure of the fund.