Legal & General Pension Managed Income Fund 3

Legal & General Pension Managed Income Fund

Fund code
Price135.90p
As at22 Nov 2024
Price56.82p
As at22 Nov 2024
Price121.70p
As at22 Nov 2024
Price56.74p
As at22 Nov 2024
Price129.40p
As at22 Nov 2024
Price57.41p
As at22 Nov 2024

Fund facts

Base currency
GBP
Domicile
UK

As at 30 Sep 2024

Fund aim

Benchmark

ABI Sector

Sterling Corporate Bond

Charges

Investment management charge0.38%
Additional expenses0.00%
Fund management charge0.38%

Performance

Source: Lipper

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 30 Sep 2024

    CumulativeBenchmark
    3 years-
    5 years-
    AnnualisedFund
    1 year-
    3 years-
    5 years-

    Benchmark: Markit iBoxx Sterling Corporates TR

    Share class launch date: 17 Aug 2012

    Benchmark: Markit iBoxx Sterling Corporates TR

    Share class launch date: 17 Aug 2012

    Benchmark: Markit iBoxx Sterling Corporates TR

    Share class launch date: 26 Aug 2005

    Benchmark: Markit iBoxx Sterling Corporates TR

    Share class launch date: 26 Aug 2005

    Benchmark: Markit iBoxx Sterling Corporates TR

    Share class launch date: 31 Oct 2000

    Benchmark: Markit iBoxx Sterling Corporates TR

    Share class launch date: 20 Oct 1997

    Benchmark: IA GBP Corporate Bond NR

    Share class launch date: 10 Apr 2006

    Benchmark: IA GBP Corporate Bond NR

    Share class launch date: 10 Apr 2006

    As at 30 Sep 2024

    CumulativeBenchmark
    3 years-
    5 years-
    AnnualisedFund
    1 year-
    3 years-
    5 years-

    Benchmark: Markit iBoxx Sterling Corporates TR

    Share class launch date: 17 Aug 2012

    Benchmark: Markit iBoxx Sterling Corporates TR

    Share class launch date: 17 Aug 2012

    Benchmark: Markit iBoxx Sterling Corporates TR

    Share class launch date: 26 Aug 2005

    Benchmark: Markit iBoxx Sterling Corporates TR

    Share class launch date: 26 Aug 2005

    Benchmark: Markit iBoxx Sterling Corporates TR

    Share class launch date: 31 Oct 2000

    Benchmark: Markit iBoxx Sterling Corporates TR

    Share class launch date: 20 Oct 1997

    Benchmark: IA GBP Corporate Bond NR

    Share class launch date: 10 Apr 2006

    Benchmark: IA GBP Corporate Bond NR

    Share class launch date: 10 Apr 2006

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

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

    Benchmark
    2015-
    2016-
    2017-
    2018-
    2019-
    2020-
    2021-
    2022-
    2023-
    2024-

    Calendar year performance (%)

    Benchmark
    2014-
    2015-
    2016-
    2017-
    2018-
    2019-
    2020-
    2021-
    2022-
    2023-

    Annualised performance (%)

    1 year3 years5 years
    Fund---

    Data as at 30.09.2024

    Annualised performance (%)

    1 year3 years5 years
    Fund---

    Data as at 30.09.2024

    Performance for the F Acc unit class in GBP, launched on 17 August 2012. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the F Inc unit class in GBP, launched on 17 August 2012. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the I Acc unit class in GBP, launched on 26 August 2005. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the I Inc unit class in GBP, launched on 26 August 2005. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the R Acc unit class in GBP, launched on 31 October 2000. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the R Inc unit class in GBP, launched on 20 October 1997. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the unit class in GBP, launched on 10 April 2006. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the unit class in GBP, launched on 10 April 2006. 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.

    Currency (%)

    This is the currency breakdown before allowing for any hedging the fund may use. We aim to hedge the portfolio 100% back to the base currency.

    Currency (%)

    GBP92.5
    EUR6.3
    USD1.2

    This is the currency breakdown before allowing for any hedging the fund may use. We aim to hedge the portfolio 100% back to the base currency.

    Years to maturity (%)

    0 - 5 Years35.0
    5 - 10 Years33.8
    10 - 15 Years11.2
    15 - 20 Years11.2
    20 - 25 Years4.5
    25 - 30 Years2.3
    30+ Years1.9

    Credit rating (%)

    AAA3.5
    AA18.0
    A22.3
    BBB50.8
    BB2.9
    B1.6
    CCC0.5
    NR-0.4
    Cash0.7

    Sector (%)

    Banks19.5
    Utilities19.2
    Sovereign11.0
    ABS10.2
    Real Estate9.8
    Insurance5.6
    Telecommunications4.9
    Consumer Goods4.0
    Consumer Services3.8
    Other12.1
    Top 10 issuers32.4
    Rest of portfolio67.6
    No. of issuers109

    Top 10 issuers (%)

    United Kingdom11.0
    Lloyds Banking Group3.4
    Credit Mutuel2.7
    Telereal Securitisation Holdings2.6
    United Utilities Group2.6
    Annington Holdings Guernsey2.1
    BayernLB Holdings2.1
    Verizon Communications2.1
    AA/United Kingdom2.0
    BSREP II Center Parcs Jersey1.9

    Country (%)

    United Kingdom61.6
    France9.2
    United States8.1
    Germany4.4
    Canada2.7
    Spain1.9
    Bermuda1.8
    Switzerland1.7
    Sweden1.3
    Other7.1

    Fund managers

    Mark is Head of Pan European credit and senior UK credit portfolio manager. Mark joined LGIM in 2014 from AXA Investment Managers where he was Head of Credit, UK.

    James is a UK Credit senior portfolio manager in the Pan European Credit team, having joined LGIM in 2012. He is IMC qualified and a CFA charterholder. He holds a BSc (Hons) in Investment and Financial Risk Management from Cass Business School.

    MarkBenstead

    JamesMacIntyre-Ure

    Prices

    Name
    I GBP Acc
    Price
    135.90p
    Change (%)
    0.3
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    I GBP Inc
    Price
    56.82p
    Change (%)
    0.28
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    R GBP Acc
    Price
    121.70p
    Change (%)
    0.33
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    R GBP Inc
    Price
    56.74p
    Change (%)
    0.3
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    F GBP Acc
    Price
    129.40p
    Change (%)
    0.31
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    F GBP Inc
    Price
    57.41p
    Change (%)
    0.3
    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

    Neither Markit, its Affiliates or any third party data provider makes any warranty, express or implied, as to the accuracy, completeness or timeliness of the data contained herewith nor as to the results to be obtained by recipients of the data. Neither Markit, its Affiliates nor any data provider shall in any way be liable to any recipient of the data for any inaccuracies, errors or omissions in the Markit data, regardless of cause, or for any damages (whether direct or indirect) resulting therefrom. Markit has no obligation to update, modify or amend the data or to otherwise notify a recipient thereof in the event that any matter stated herein changes or subsequently becomes inaccurate. Without limiting the foregoing, Markit, its Affiliates, or any third party data provider shall have no liability whatsoever to you, whether in contract (including under an indemnity), in tort (including negligence), under a warranty, under statute or otherwise, in respect of any loss or damage suffered by you as a result of or in connection with any opinions, recommendations, forecasts, judgments, or any other conclusions, or any course of action determined, by you or any third party, whether or not based on the content, information or materials contained herein. Copyright © 2024, Markit Indices GmbH.

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