Legal & General Mastertrust Short Dated Bond Index Fund

L&G PMC Short Dated Sterling Corporate Bond Index Fund 3

L&G PMC Short Dated Sterling Corporate Bond Index Fund G25

Fund code
Price1147.92p
As at21 Nov 2024
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Fund facts

Fund size
£14.4m
Base currency
GBP
Launch date
Dec 2016
Domicile
United Kingdom

As at 30 Sep 2024

Fund aim

Benchmark

ABI Sector

Sterling Corporate Bond

Charges

Investment management charge0.12%
Additional expenses0.00%
Fund management charge0.12%

Performance

Source: Lipper

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 30 Sep 2024

    CumulativeFundBenchmark
    3 years2.982.77
    5 years6.867.14
    AnnualisedBenchmark
    1 year8.918.94
    3 years0.980.91
    5 years1.331.39
    Since launch--

    Benchmark: Markit iBoxx Sterling Corporates 1-5 Year TR

    Share class launch date: 18 Dec 2016

    Benchmark: Markit iBoxx Sterling Corporates 1-5 Year TR

    Share class launch date: 04 May 2016

    Benchmark: Markit iBoxx Sterling Corporates 1-5 Year TR

    Share class launch date: 11 Nov 2022

    Share class launch date: 26 Sep 2016

    Share class launch date: 12 May 2021

    As at 30 Sep 2024

    CumulativeFundBenchmark
    3 years2.982.77
    5 years6.867.14
    AnnualisedBenchmark
    1 year8.918.94
    3 years0.980.91
    5 years1.331.39
    Since launch--

    Benchmark: Markit iBoxx Sterling Corporates 1-5 Year TR

    Share class launch date: 18 Dec 2016

    Benchmark: Markit iBoxx Sterling Corporates 1-5 Year TR

    Share class launch date: 04 May 2016

    Benchmark: Markit iBoxx Sterling Corporates 1-5 Year TR

    Share class launch date: 11 Nov 2022

    Share class launch date: 26 Sep 2016

    Share class launch date: 12 May 2021

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

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

    FundBenchmark
    2015--
    2016--
    2017--
    20180.750.72
    20194.364.49
    20202.682.57
    20211.061.64
    2022-12.44-13.15
    20238.008.61
    2024-8.94

    Calendar year performance (%)

    Benchmark
    2014--
    2015--
    2016--
    20172.552.59
    2018-0.36-0.25
    20195.095.04
    20203.533.80
    2021-0.93-0.69
    2022-7.65-8.07
    20238.028.20

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    8.910.981.33-
    Benchmark8.940.911.39-

    Data as at 30.09.2024

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    8.910.981.33-
    Benchmark8.940.911.39-

    Data as at 30.09.2024

    Performance for the unit class in GBP, launched on 18 December 2016. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the unit class in GBP, launched on 04 May 2016. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the unit class in GBP, launched on 11 November 2022. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the Primary unit class in GBP, launched on 26 September 2016. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the charges included unit class in GBP, launched on 12 May 2021. 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 (%)

    0 - 5 Years97.2
    5 - 10 Years2.8

    Credit rating (%)

    AAA1.4
    AA10.3
    A44.6
    BBB43.8

    Sector (%)

    Core Financials57.0
    Consumer Goods10.5
    Utilities9.3
    Industrials4.8
    Real Estate4.4
    Telecommunications3.9
    Consumer Services3.6
    Financial Services2.6
    Energy1.5
    Other2.4
    Top 10 holdings7.7
    Rest of portfolio92.3
    No. of issuers in fund187
    No. of issuers in index195

    Top 10 holdings (%)

    Barclays 3.25% 12 Feb 270.9
    BP Capital Markets 4.25% 31 Dec 990.8
    Hsbc Holdings 3% 22 Jul 280.8
    Morgan Stanley 2.625% 09 Mar 270.8
    Bank of America 7% 31 Jul 280.8
    Barclays 8.407% 14 Nov 320.8
    Nationwide 6.178% 07 Dec 270.8
    Santander UK Grp Hol. 7.098% 16 Nov 270.7
    Natwest Group 2.105% 28 Nov 310.7
    Bnp Paribas 2% 24 May 310.7

    Country (%)

    United Kingdom38.9
    United States20.5
    France11.2
    Germany4.6
    Spain3.6
    Netherlands3.6
    Canada3.6
    Australia2.9
    Switzerland2.0
    Other9.1

    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
    1147.92p
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    Price time
    12:00 UK time
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    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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