Legal & General Pension Man GLG Continental European Growth Fund

L&G PMC Man GLG Continental Europe Fund G17

Fund code
Price836.60p
As at21 Nov 2024
Price1705.45p
As at21 Nov 2024

Fund facts

Fund size
£28.1m
Base currency
GBP
Launch date
Nov 2018
Domicile
United Kingdom

As at 30 Sep 2024

Fund aim

Benchmark

ABI Sector

Europe excluding UK Equities

Charges

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

Performance

Source: Lipper

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 30 Sep 2024

    CumulativeFundBenchmark
    3 years12.5221.17
    5 years62.1048.42
    AnnualisedBenchmark
    1 year19.9815.28
    3 years4.016.60
    5 years10.138.21
    Since launch--

    Share class launch date: 03 Apr 2001

    Share class launch date: 28 Nov 2018

    As at 30 Sep 2024

    CumulativeFundBenchmark
    3 years12.5221.17
    5 years62.1048.42
    AnnualisedBenchmark
    1 year19.9815.28
    3 years4.016.60
    5 years10.138.21
    Since launch--

    Share class launch date: 03 Apr 2001

    Share class launch date: 28 Nov 2018

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

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

    FundBenchmark
    201530.97-1.21
    201628.0021.13
    201723.2122.70
    20187.732.01
    2019-0.116.35
    202026.870.37
    202113.5622.05
    2022-21.50-12.78
    202319.4720.51
    202419.9815.28

    Calendar year performance (%)

    Benchmark
    20146.950.16
    201532.865.35
    201617.5419.69
    201719.8517.53
    2018-10.29-9.45
    201931.9220.45
    202025.768.62
    202112.1317.40
    2022-18.03-6.98
    202321.0315.68

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    19.984.0110.13-
    Benchmark15.286.608.21-

    Data as at 30.09.2024

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    19.984.0110.13-
    Benchmark15.286.608.21-

    Data as at 30.09.2024

    Performance for the unit class in GBP, launched on 03 April 2001. 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 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. 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 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 Sep 2024. All data source LGIM unless otherwise stated. Totals may not sum due to rounding.

    Currency (%)

    EUR65.8
    CHF19.6
    SEK6.7
    DKK6.6
    NOK1.2
    USD0.5
    HKD0.1
    GBP-0.5

    Sector (%)

    Industrials24.9
    Consumer Discretionary20.8
    Information Technology18.9
    Health Care16.0
    Consumer Staples7.5
    Materials6.3
    Financials4.3
    Other1.4
    Top 10 holdings59.8
    Rest of portfolio40.2

    Top 10 holdings (%)

    Ryanair Holdings8.4
    Novo Nordisk AS8.2
    L'Oreal7.5
    Moncler SpA6.6
    Asml Holding N.V.6.6
    RATIONAL AG4.6
    Hermes International4.6
    Ferrari NV4.5
    SAP SE4.4
    Adyen N.V.4.3

    Country (%)

    France22.3
    Netherlands14.6
    Ireland12.1
    Italy11.1
    Germany10.3
    Denmark8.2
    Sweden6.9
    Switzerland5.4
    United Kingdom4.2
    Other4.8

    Fund Manager

    Rory Powe

    Rory Powe is a long-only Lead Portfolio Manager focusing on European stocks and joined Man GLG in July 2014.

    Prior to this, he founded Powe Capital Management (‘PCM’) in 2001 and for 12 years managed its European funds. Before founding PCM, Rory was a global partner at INVESCO and ran their flagship continental European strategy for 10 years.

    He graduated from Trinity College, Oxford University, in 1985 with a BA (Hons) in Modern History. Rory has 30 years of European equity experience.

    Prices

    Name
    GBP
    Price
    836.60p
    Change (%)
    -
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    GBP
    Price
    1705.45p
    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

    Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). ©LSE Group 2024. FTSE Russell is a trading name of certain of the LSE Group companies. FTSE® is a trade mark of the relevant LSE Group companies and is used by any other LSE Group company under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

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