Fund facts

Fund size
£4.3m
Base currency
GBP
Launch date
Nov 2018
Domicile
United Kingdom

As at 30 Jun 2024

Fund aim

Benchmark

ABI Sector

Sterling High Yield

Charges

Investment management charge	0.65%
Additional expenses	0.02%
Fund management charge	0.67%

Performance

Source: Lipper

Performance (%)

Change

Performance summary (%)

To month-end
To quarter-end

As at 30 Jun 2024

Cumulative	Fund	Benchmark
3 years	10.88	3.68
5 years	25.55	12.73

Annualised	Fund	Benchmark
1 year	12.64	11.96
3 years	3.50	1.21
5 years	4.65	2.42
Since launch	-	-

As at 30 Jun 2024

Cumulative	Fund	Benchmark
3 years	9.59	2.00
5 years	24.76	11.60

Annualised	Fund	Benchmark
1 year	13.12	11.94
3 years	3.10	0.66
5 years	4.52	2.22
Since launch	-	-

Rolling 12-month performance

Calendar year performance

Monthly performance

Annualised performance

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

	Fund	Benchmark
2015	1.77	0.08
2016	-1.10	4.12
2017	9.93	10.96
2018	0.38	-0.41
2019	7.16	6.61
2020	-2.78	-3.07
2021	17.09	12.87
2022	-11.50	-16.02
2023	9.48	8.50
2024	13.12	11.94

12 months to 30 June	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Fund	1.77	-1.10	9.93	0.38	7.16	-2.78	17.09	-11.50	9.48	13.12
Benchmark	0.08	4.12	10.96	-0.41	6.61	-3.07	12.87	-16.02	8.50	11.94

Calendar year performance (%)

	Fund	Benchmark
2014	4.73	2.73
2015	-0.81	-0.77
2016	8.04	14.98
2017	5.32	7.17
2018	-2.44	-4.47
2019	13.80	11.13
2020	4.38	4.19
2021	5.93	2.23
2022	-9.37	-12.35
2023	14.22	12.59

	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
Fund	4.73	-0.81	8.04	5.32	-2.44	13.80	4.38	5.93	-9.37	14.22
Benchmark	2.73	-0.77	14.98	7.17	-4.47	11.13	4.19	2.23	-12.35	12.59

To month-end
To quarter-end

Annualised performance (%)

	1 year	3 years	5 years	Since launch
Fund	12.64	3.50	4.65	-
Benchmark	11.96	1.21	2.42	-

Annualised performance (%)

	1 year	3 years	5 years	Since launch
Fund	13.12	3.10	4.52	-
Benchmark	11.94	0.66	2.22	-

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

Past performance is not a guide to future returns. The value of your investment and any income taken from it is not guaranteed and may go up and down.

Performance for the unit class in GBP, launched on 28 November 2018. Source: Lipper.

Past performance is not a guide to future returns. The value of your investment and any income taken from it is not guaranteed and may go up and down.

Portfolio

As at 30 Jun 2024. All data source LGIM unless otherwise stated. Totals may not sum due to rounding.

Currency (%)

	USD	38.5
	EUR	38.4
	GBP	23.1
	Other	0.0

BBB	7.3
BB	32.2
B	51.4
CCC	6.8
D	0.2
NR	2.8
Cash & Cash Equiv.	-0.8

Sector (%)

	Industrial	78.2
	Financial Institutions	18.8
	Utility	1.9
	ABS	1.2
	Agency	0.7
	Cash & Cash Equiv.	-0.8

	Top 10 holdings	18.9
	Rest of portfolio	81.1

Top 10 holdings (%)

ASSEMBLIN CAVERION GROUP AB	2.9
KIER GROUP PLC	2.0
BELLIS ACQUISITION COMPANY PLC	2.0
LOTTOMATICA SPA	1.9
CPUK FINANCE LTD	1.8
LEVEL 3 FINANCING INC	1.7
TULLOW OIL PLC	1.7
GTCR W DUTCH FINANCE SUB BV	1.6
PINNACLE BIDCO PLC	1.6
ENQUEST PLC	1.6

Country (%)

	United Kingdom	25.1
	United States	19.6
	Italy	10.2
	Germany	7.1
	Sweden	5.3
	France	4.5
	Czech Republic	2.9
	Turkey	2.6
	Greece	2.6
	Other	20.0

Fund Managers

David Ennett

David Ennett is Head of High Yield in the fixed income team.

Stephen Baines

Stephen Baines is an investment manager in our fixed income team with responsibility for high yield bonds.

Prices

Name

GBP

Price

1395.08p

Change (%)

Currency

GBP

Price time

12:00 UK time

Name

GBP

Price

1387.48p

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.

L&G PMC Aegon High Yield Bond 3

L&G PMC Aegon High Yield Bond G25

Fund facts

Fund aim

Benchmark

ABI Sector

Charges

Performance

Performance summary (%)

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

Calendar year performance (%)

Annualised performance (%)

Annualised performance (%)

Portfolio

Currency (%)

Credit rating (%)

Sector (%)

Top 10 holdings (%)

Country (%)

Fund Managers

Prices

Important Information