Legal & General (PMC) AAA-AA-A Corporate Bond Over 15 Year Index Fund

L&G PMC AAA-AA-A Corporate Bond Over 15 Year Index Fund 3

L&G PMC AAA-AA-A Corporate Bond Over 15 Year Index Fund G25

Fund code
Price-
As at-
Price-
As at-
Price207.40p
As at21 Nov 2024
Price206.05p
As at21 Nov 2024
Price2022.18p
As at21 Nov 2024

Fund facts

Fund size
£5.2m
Base currency
GBP
Launch date
Oct 2018
Domicile
United Kingdom
Indicative spread
1.10%

As at 30 Sep 2024

Fund aim

Benchmark

ABI Sector

Sterling Long Bond

Charges

Investment management charge0.20%
Additional expenses0.00%
Fund management charge0.20%

Performance

Source: Lipper

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 30 Sep 2024

    CumulativeFundBenchmark
    3 years-29.81-30.18
    5 years-29.30-29.70
    AnnualisedFundBenchmark
    1 year12.2511.90
    3 years-11.12-11.28
    5 years-6.69-6.80
    Since launch--

    Share class launch date: 07 Feb 2002

    Share class launch date: 17 Jun 2003

    Benchmark: Markit iBoxx Sterling Non-Gilts ex-BBB 15+ TR

    Share class launch date: 14 May 2004

    Benchmark: Markit iBoxx Sterling Non-Gilts ex-BBB 15+ TR

    Share class launch date: 14 May 2004

    Benchmark: Markit iBoxx Sterling Non-Gilts ex-BBB 15+ TR

    Share class launch date: 26 Oct 2018

    As at 30 Sep 2024

    CumulativeFundBenchmark
    3 years-29.81-30.18
    5 years-29.30-29.70
    AnnualisedFundBenchmark
    1 year12.2511.90
    3 years-11.12-11.28
    5 years-6.69-6.80
    Since launch--

    Share class launch date: 07 Feb 2002

    Share class launch date: 17 Jun 2003

    Benchmark: Markit iBoxx Sterling Non-Gilts ex-BBB 15+ TR

    Share class launch date: 14 May 2004

    Benchmark: Markit iBoxx Sterling Non-Gilts ex-BBB 15+ TR

    Share class launch date: 14 May 2004

    Benchmark: Markit iBoxx Sterling Non-Gilts ex-BBB 15+ TR

    Share class launch date: 26 Oct 2018

    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

    Rolling 12-month performance to last quarter end (%)

    FundBenchmark
    20155.506.46
    201627.8725.16
    2017-5.60-3.22
    2018-1.30-0.75
    201920.1219.92
    20208.476.21
    2021-7.14-5.20
    2022-37.27-37.64
    2023-0.320.05
    202412.2511.90

    Calendar year performance (%)

    FundBenchmark
    201419.2519.87
    2015-0.50-0.66
    201617.0618.09
    20176.275.44
    2018-4.53-3.40
    201917.4116.37
    202012.9814.37
    2021-5.45-6.63
    2022-36.63-36.55
    20238.339.64

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund12.25-11.12-6.69-
    Benchmark11.90-11.28-6.80-

    Data as at 30.09.2024

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund12.25-11.12-6.69-
    Benchmark11.90-11.28-6.80-

    Data as at 30.09.2024

    Performance for the Primary unit class in GBP, launched on 07 February 2002. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the Charges included unit class in GBP, launched on 17 June 2003. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the unit class in GBP, launched on 14 May 2004. Source: Lipper. The fund performance does not take into account of any product charges or External Funds Annual Management Charge (EFAMC).

    Past performance is not a guide to the future.

    Performance for the unit class in GBP, launched on 14 May 2004. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the unit class in GBP, launched on 26 October 2018. Source: Lipper.

    Past performance is not a guide to the future.

    Portfolio

    As at 30 Sep 2024. 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.

    Years to maturity (%)

    10 - 15 Years0.6
    15 - 20 Years44.9
    20 - 25 Years16.0
    25 - 30 Years22.3
    30 - 40 Years12.6
    40+ Years3.7

    Credit rating (%)

    AAA6.8
    AA21.5
    A71.7

    Sector (%)

    Housing Associations35.9
    Financial Services8.3
    Utilities8.3
    Consumer Services7.1
    Non-financials6.5
    Core Financials5.1
    Real Estate5.0
    Guaranteed Financials4.1
    Health Care4.1
    Other15.6
    Top 10 holdings18.2
    Rest of portfolio81.8
    No. of issuers in fund88
    No. of issuers in index88

    Top 10 holdings (%)

    Lcr Finance 5.1% 07 Mar 512.4
    Thfc Funding No 3 5.2% 11 Oct 432.2
    Lloyds Bank 6.5% 17 Sep 402.2
    Pfizer 2.735% 15 Jun 432.0
    Bhp Billiton Finance 4.3% 25 Sep 421.8
    Affordable Housing Fin 2.893% 11 Aug 431.8
    Comcast 5.25% 26 Sep 401.5
    EU Inv Bank 4.625% 12 Oct 541.5
    Allianz Finance Ii 4.5% 13 Mar 431.5
    America Movil SAB 4.375% 07 Aug 411.4

    Country (%)

    United Kingdom71.3
    United States10.2
    Supranational2.8
    Germany2.6
    France2.2
    Australia1.8
    Netherlands1.5
    Mexico1.4
    Jersey1.1
    Other5.1

    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

    Prices

    Name
    GBP
    Price
    -
    Change (%)
    -
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    GBP
    Price
    -
    Change (%)
    -
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    GBP
    Price
    207.40p
    Change (%)
    -
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    GBP
    Price
    206.05p
    Change (%)
    -
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    GBP
    Price
    2022.18p
    Change (%)
    -
    Currency
    GBP
    Price time
    12:00 UK time

    Important Information

    The fund performance provided is: 

    • after all fund charges have been taken, but doesn't include any other product charges. Please see your product literature for more information on charges.
    • assuming all income generated by the investments remains within the fund

    Please bear in mind that past performance is not a guide to future returns. The value of an investment and any income taken from it is not guaranteed and may go down as well as up. You could get back less than you invest.

    Performance data source: Lipper. 

    Index disclaimer

    The Markit iBoxx index referenced herein is the intellectual property of Markit Indices Limited (“Markit”) and is used under license. The Fund is not sponsored, endorsed, or promoted by Markit. Markit makes no representations or warranties as to the index including those of merchantability or fitness for a particular purpose or use, or the accuracy and/or completeness of the index or any data included therein.

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