Legal & General Pension UK Equity Income Fund 3

Legal & General Pension UK Equity Income Fund

Fund code

Fund facts

Fund size
-
Base currency
GBP
Launch date
Apr 2013
Domicile
UK

As at 29 Feb 2024

Fund aim

Benchmark

ABI Sector

UK Equity Income

Charges

Investment management charge
Additional expenses0.00%
Fund management charge

Performance

Source: Lipper

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 29 Feb 2024

    CumulativeFundBenchmark
    3 years15.6825.21
    5 years11.9527.74
    AnnualisedFundBenchmark
    1 year-4.550.57
    3 years4.977.78
    5 years2.285.01
    Since launch2.99-

    As at 31 Dec 2023

    CumulativeFundBenchmark
    3 years21.0328.12
    5 years23.9337.69
    AnnualisedFundBenchmark
    1 year3.927.92
    3 years6.578.61
    5 years4.386.60
    Since launch3.14-
    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

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

    FundBenchmark
    2014-2.551.18
    20155.960.98
    20166.6716.75
    20179.8613.10
    2018-16.82-9.47
    201920.0019.17
    2020-14.67-9.82
    202112.2618.32
    20223.740.34
    20233.927.92

    Calendar year performance (%)

    FundBenchmark
    2014-2.551.18
    20155.960.98
    20166.6716.75
    20179.8613.10
    2018-16.82-9.47
    201920.0019.17
    2020-14.67-9.82
    202112.2618.32
    20223.740.34
    20233.927.92

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund-4.554.972.282.99
    Benchmark0.577.785.01-

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund3.926.574.383.14
    Benchmark7.928.616.60-

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

    Past performance is not a guide to the future.

    Performance for the unit class in GBP, launched on 18 April 2013. Source: Lipper.

    Past performance is not a guide to the future.

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

    Past performance is not a guide to the future.

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

    Past performance is not a guide to the future.

    Performance for the F Acc unit class in GBP, launched on 20 December 2012. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the F Inc unit class in GBP, launched on 20 December 2012. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the I Acc unit class in GBP, launched on 31 March 2011. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the I Inc unit class in GBP, launched on 31 March 2011. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the L Acc unit class in GBP, launched on 25 April 2019. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the L Inc unit class in GBP, launched on 31 March 2011. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the R Acc unit class in GBP, launched on 31 March 2011. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the R Inc unit class in GBP, launched on 31 March 2011. Source: Lipper.

    Past performance is not a guide to the future.

    Portfolio

    As at 29 Feb 2024. All data source LGIM unless otherwise stated. Totals may not sum due to rounding. The figures shown for market capitalisation (the total share value of a company) may not be comparable between funds as they can be measured and classed in different ways.

    Market capitalisation (%)

    Large79.7
    Mid17.9
    Small1.4
    Cash and Equivalents1.0
    Top 10 holdings44.3
    Rest of portfolio55.7
    No. of holdings48

    Top 10 holdings (%)

    BP 6.6
    Shell6.4
    GSK5.0
    BAE Systems5.0
    Rio Tinto4.0
    Unilever3.7
    Tesco3.6
    Astrazeneca3.5
    Barclays3.4
    Lloyds Banking Gp3.0

    Country (%)

    United Kingdom100.0

    Top sector over/underweights (%)

    FundRelative
    Energy13.83.0
    Real Estate4.92.4
    Telecommunications3.12.1
    Basic Materials7.51.0
    Industrials13.20.8
    Consumer Staples14.1-0.1
    Utilities2.3-1.2
    Health Care10.0-1.2
    Technology0.0-1.4
    Financials17.8-5.9

    Top stock over/underweights (%)

    FundRelative
    BAE Systems5.03.3
    BP6.63.2
    Tesco3.62.8
    Barclays3.42.3
    Qinetiq Group2.32.3
    Glencore0.0-2.0
    Diageo0.0-2.9
    Relx0.0-2.9
    Astrazeneca3.5-2.9
    HSBC Holdings0.9-4.3

    Fund Managers

    David joined LGIM in 2019 and is a portfolio manager focusing on UK and European value equities. David read physics at Worcester College, Oxford and holds a Master’s in Finance from London Business School. He is a CFA charter holder.

    Stuart Briscoe, Portfolio Manager, Active Strategies, joined LGIM in September 2018 from ICM Investment Management. Previous roles include positions at Sarasin & Partners and Henderson Global Investors. He graduated from Warwick University with a BSc in Economics, is a CFA charterholder and holds the CFA Certificate in ESG Investing.

    DavidJackson

    StuartBriscoe

    Prices

    Name
    I GBP Acc
    Price
    99.97p
    Change (%)
    0.86
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    I GBP Inc
    Price
    57.62p
    Change (%)
    0.86
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    R GBP Acc
    Price
    90.34p
    Change (%)
    0.86
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    R GBP Inc
    Price
    52.06p
    Change (%)
    0.85
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    F GBP Acc
    Price
    95.78p
    Change (%)
    0.85
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    F GBP Inc
    Price
    55.23p
    Change (%)
    0.86
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    C GBP Acc
    Price
    59.95p
    Change (%)
    0.86
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    C GBP Inc
    Price
    45.82p
    Change (%)
    0.86
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    L GBP Acc
    Price
    60.49p
    Change (%)
    0.85
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    L GBP Inc
    Price
    63.47p
    Change (%)
    0.86
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    GBP
    Price
    -
    Change (%)
    -
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    GBP
    Price
    1432.20p
    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.

    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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