Further details
Costs
Price basis
Single swing
Dilution adjustment
0.36%- round trip
Codes
Dealing information
| Valuation frequency | Daily, 12pm (UK time) |
| Dealing frequency | Daily |
| Settlement period | T+4 |
Fund facts
Fund size
£76.6m
Base currency
GBP
Launch date
20 Apr 2022
Domicile
UK
Share class launch
Statistics
As at 30 Apr 2023
Fund aim
The objective of the Fund is to track the performance of the Solactive L&G Enhanced ESG Emerging Markets Index NTR, the "Benchmark Index" on a net total return basis before fees and expenses are applied. Fund performance may differ from the Benchmark Index due to the deduction of fees and expenses and the impact of any tracking error factors.
Benchmark
Solactive L&G Enhanced ESG Emerging Markets Index MIDDAY
Fund snapshot
- What does it invest in? Invests in shares of Emerging Markets companies as represented by the Index, which is alternatively weighted to give greater weight to companies that score well against environmental, social and governance criteria. This means the Fund will invest more in companies that score well against these criteria, and less in companies that do not. In addition, the Index will target an annual reduction in its overall carbon emissions.
- How does it invest? Passively managed, to replicate the performance of the Index. As part of the Future World* range, the fund incorporates our Climate Impact Pledge, a targeted engagement process, and may exclude companies if engagement proves unsuccessful.
Portfolio
As at 30 Apr 2023. All data source LGIM unless otherwise stated. Totals may not sum due to rounding. In order to minimise transaction costs, the Fund will not always own all the assets that constitute the index and on occasion it will own assets that are not in the index. 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.
Sector (%)
| Communications & Tech | 37.8 | |
| Banks (Equity) | 15.8 | |
| Consumer Non-cyclical | 9.9 | |
| Consumer Cyclical | 8.5 | |
| Financial Services (Equity) | 7.4 | |
| Industrials | 5.8 | |
| Commodities | 4.6 | |
| Energy | 4.1 | |
| Insurance (Equity) | 2.7 | |
| Other | 3.5 |
Market capitalisation (%)
| Large | 83.6 | |
| Mid | 13.4 | |
| Small | 3.0 | |
| Undefined | - |
| Top 10 holdings | 26.5 | |
| Rest of portfolio | 73.5 |
| No. of holdings in fund | 1,487 |
| No. of holdings in index | 1,540 |
Top 10 holdings (%)
| Taiwan Semiconductor Manufacturing Co | 8.7 |
| Alibaba Group Holding Adr | 3.9 |
| Tencent Holdings | 3.6 |
| Samsung Electronics Co | 2.6 |
| Infosys | 1.9 |
| Saudi Arabian Oil Co | 1.5 |
| Housing Development Finance | 1.3 |
| Meituan B | 1.1 |
| Naspers | 1.0 |
| Icici Bank | 1.0 |
Country (%)
| Taiwan | 18.8 | |
| India | 13.1 | |
| China | 11.5 | |
| Korea | 9.0 | |
| Cayman Islands | 8.9 | |
| United States | 8.6 | |
| Brazil | 4.4 | |
| Saudi Arabia | 4.0 | |
| South Africa | 3.9 | |
| Other | 17.7 |
Management Team
The Index Fund Management team comprises 25 fund managers, supported by two analysts. Management oversight is provided by the Global Head of Index Funds. The team has average industry experience of 15 years, of which seven years has been at LGIM, and is focused on achieving the equally important objectives of close tracking and maximising returns.
LGIMIndex Fund Management Team
Literature
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If you would like to file a complaint about the KID document then click here and follow the steps to complain.
Income
Latest dividends
of
Total dividends paid in each financial year of the fund.
Prices
Name
I GBP Acc
Price
47.98p
Change (%)
-0.6
Currency
GBP
Price time
12:00 UK time
Name
I GBP Inc
Price
46.88p
Change (%)
-0.61
Currency
GBP
Price time
12:00 UK time
Name
C GBP Acc
Price
48.01p
Change (%)
-0.6
Currency
GBP
Price time
12:00 UK time
Name
C GBP Inc
Price
46.91p
Change (%)
-0.61
Currency
GBP
Price time
12:00 UK time
Key risks
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.
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.
The fund may have underlying investments that are valued in currencies that are different from sterling (British pounds). Exchange rate fluctuations will impact the value of your investment. Currency hedging techniques may be applied to reduce this impact but may not entirely eliminate it.
Where companies in the Index are excluded from the fund as a result of the Climate Impact Pledge, this may affect the ability of the manager to closely track the performance of the Index.
Important information
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.
Index disclaimer
The financial instrument is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index and/or Index trade mark or the Index Price at any time or in any other respect. The Solactive Index is powered by Thomson Reuters Information.
