Collectives

ICAV (UCITS compliant)

L&G Global Small Cap Equity Index Fund

I-Class EUR (Unhedged) Accumulation

ISINIE00BDZTSY26

Price

Fund aim

The investment objective of the Fund is to provide investors with a return in line with the performance of the developed world small cap equity market as represented by the MSCI World Small Cap ex Selected Securities A Index (the "Index").

Fund snapshot

  • What does it invest in? Invests primarily in shares that make up the index, issued by smaller companies from developed markets. The Fund may also use derivatives.
  • How does it invest? Passively managed, aiming to replicate the performance of the index.
  • Does it promote sustainability characteristics? The Fund promotes a range of environmental and social characteristics. Further information on how such characteristics are met by the Fund can be found in the Supplement.

Fund facts

Fund size$567.5m
Base currencyUSD
Fund launch date8 Jun 2017
DomicileIreland
Share class launch9 Apr 2018
As at 31 Jan 2024

Benchmark

MSCI World Small Cap ex Selected Securities A Index

Costs

Initial charge0.00%
Ongoing charges figure0.30%
Dilution levy0.085% - round trip
Entry anti-dilution levy0.05%
Exit anti-dilution levy0.03%

Performance

Performance for the I EUR (Unhedged) Acc unit class in EUR, launched on 09 April 2018. Source: Lipper. Performance assumes all fund charges have been taken and that all income generated by the investments, after deduction of tax, remains in the fund.
Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past. The tables and charts above shows the fund's performance as the percentage loss or gain per year over the last 10 years.
Share class launch date:09 Apr 2018
Benchmark:MSCI World Small Cap NR EUR
Share class launch date:09 Apr 2018
Benchmark:MSCI World Small Cap NR EUR
    Share class launch date:09 Apr 2018
    Benchmark:MSCI World Small Cap NR EUR

    Performance scenarios

    The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back.
    What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted.
    The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product with input from the over the last 10 years. Markets could develop very differently in the future.

    Example investment:10,000 EUR

    Scenarios1 year(Recommended holding period) 5 years
    Minimum

    There is no minimum guaranteed return. You could lose some or all of your investment.

    Stress scenario
    What you might get back after costs2,790EUR4,500EUR
    Average return each year (%)-72.09EUR-14.78EUR
    Unfavourable scenario
    What you might get back after costs7,930EUR11,780EUR
    Average return each year (%)-20.65EUR3.33EUR
    Moderate scenario
    What you might get back after costs10,840EUR17,260EUR
    Average return each year (%)8.40EUR11.54EUR
    Favourable scenario
    What you might get back after costs16,890EUR20,810EUR
    Average return each year (%)68.92EUR15.78EUR

    Portfolio breakdown

    As at 31 Jan 2024

    Top 10 holdings1.7%
    Rest of portfolio98.3%
    No. of holdings in fund4,312
    No. of holdings in index4,169

    Top 10 holdings (%)

    Nutanix A0.2
    Lincoln Electric Holdings0.2
    Pure Storage A0.2
    Williams-Sonoma0.2
    Saia0.2
    Renaissancere Holdings0.2
    Topbuild0.2
    Reinsurance Group of America0.2
    Performance Food Group Co0.2
    United States Steel0.2

    Sector (%)

    Industrials
    20.0
    Financials
    15.1
    Consumer Discretionary
    13.2
    Information Technology
    11.2
    Health Care
    9.9
    Real Estate
    8.2
    Materials
    7.2
    Energy
    4.8
    Consumer Staples
    4.7
    Other
    5.6

    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.

    Fund managers

    LGIM Index Fund Management Team headshot

    LGIM Index Fund 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.

    Sustainability

    SFDR categorisation

    Environmental characteristics
    Social characteristics

    The Fund promotes the above-mentioned characteristics by tracking the MSCI World Small Cap ex Selected Securities A Index (the “Index”), which is a designated reference benchmark for the purpose of attaining the environmental and social characteristics promoted by the Fund. Whilst environmental and social characteristics are promoted through the application of the sustainability-related investment strategy, investors are reminded that these environmental and social characteristics are not sustainable investment objectives.

    Literature

    Prices

    Pricing information

    Price basisSingle - dilution levy
    Price time22:30 Irish time
    CurrencyEUR
    Monthly price history

    Codes and dealing

    Codes

    ISINIE00BDZTSY26
    SEDOLBDZTSY2
    BloombergLGGSIEA ID
    MEX-

    Dealing information

    Valuation frequencyDaily, 22:30 Irish time
    Dealing frequencyEach Irish and UK Business Day
    Settlement periodT+2
    Administrator/CustodianNorthern Trust

    Country registration

    This share class is registered for sale in the following countries:

    Denmark
    Finland
    Germany
    Ireland
    Italy
    Netherlands
    Norway
    Spain
    Sweden
    Switzerland
    United Kingdom