SICAV (UCITS compliant)

L&G Future World Global Credit Fund

Fund facts

Fund size
$71.7m
Base currency
USD
Launch date
11 Jul 2018
Domicile
Luxembourg
Share class launch

Statistics

Modified duration
9.52 years
Gross redemption yield (unhedged)
2.96%

As at 30 Jun 2019

Fund aim

The Fund aims to produce a return derived from capital growth and income by investing in fixed and floating-rate securities.

Benchmark

  • Aims to deliver capital growth and income from fixed and floating-rate securities
  • Positioned for long-term structural change
  • Incorporates LGIM’s environmental, social and governance expertise with a particular focus on the environment

Portfolio

As at 30 Jun 2019. All data source LGIM unless otherwise stated. Totals may not sum due to rounding.

Currency (%)

USD 72.1
EUR 22.8
GBP 5.2

This is the currency breakdown before allowing for any hedging the fund may use.

Credit rating (%)

AAA 0.4
AA 5.0
A 34.3
BBB 58.4
NR 0.5
Cash 1.5

Sector (%)

Consumer Goods 12.7
Banks 12.6
Real Estate 11.0
Consumer Services 9.3
Insurance 8.8
Health Care 7.8
Utilities 7.4
Telecommunications 5.7
Industrials 5.6
Other 19.1
Top 10 issuers 12.8
Rest of portfolio 87.2
No. of issuers in fund 168
No. of issuers in index 1,023

Top 10 issuers (%)

AT&T Inc 1.5
Citigroup Inc 1.3
Goldman Sachs Group Inc 1.3
Bank of America Corporation 1.3
Morgan Stanley 1.3
JPMorgan Chase & Co. 1.3
Chubb Ina Holdings Inc 1.3
Verizon Communications Inc 1.2
Walt Disney Company 1.2
Rabobank Nederland 1.2

Fund Managers

Maurice is the portfolio manager for our buy and maintain strategy in the Global Fixed Income team. Maurice joined LGIM in March 2013 from Aviva Investors where he worked for over six years as a credit portfolio manager. At Aviva he managed a range of sterling, euro and global credit portfolios including buy and maintain strategies. Maurice began his investment career in 2001 as a credit analyst and subsequently a manager of global credit portfolios at Merrill Lynch Investment Managers. Maurice graduated from the University of Cambridge and holds an MA in economics. He is also a CFA charterholder.

Connor joined LGIM in 2014 as a portfolio manager, having transferred from the LGIMA office in Chicago where he was an Associate Portfolio Manager. Connor has BA degrees in mathematics and economics from Williams College.

Maurice Browne

Connor Olvany

Literature

Prices

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Mid price
109.64c
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23:00 CET
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Further details

Costs

Price basis
Single swing
Initial charge
0.00%
Ongoing charges figure
0.21%
Dilution adjustment
0.574%- round trip
Swing factor
0.287%

Codes

ISIN
LU1821407167
SEDOL
-
Bloomberg
LGGCIUA LX
MEX
-

Dealing information

Valuation frequency
Daily, 23:00 CET
Dealing frequency
Each Business Day
Settlement period
T+3
Administrator/Custodian
Northern Trust

Country registration

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

For valuations and account queries contact:

Legal & General ICAV
LGIM Liquidity Funds Plc

Northern Trust International Fund Administration Services (Ireland) Limited
George’s Court, 54-62 Townsend Street
Dublin 2, Ireland.
Fax: +353 1 434 5293
Telephone: +353 1 434 5080
Email: [email protected]

Legal & General SICAV
Northern Trust Global Services SE
6 rue Lou Hemmer
L-1748 Senningerberg
Grand-Duché de Luxembourg
Facsimile: +352 276 222 150
Telephone: +352 276 222 514
Email: [email protected]

Key risks

The value of an investment and any income taken from it is not guaranteed and can go down as well as up, you may not get back the amount you originally invested.

Past performance is no guarantee of future results.

Important information

This information is intended for investment professionals only and is for information purposes only. It should not be distributed without our permission.

No investment decisions should be made without first reviewing the key investor information document and prospectus (and any supplements thereto) of the relevant product which includes information on certain risks associated with an investment.

Unless otherwise agreed in writing, the Information on this website (a) is for information purposes only and we are not soliciting any action based on it, and (b) is not a recommendation to buy or sell securities or pursue a particular investment strategy; and (c) is not investment, legal, regulatory or tax advice. Any trading or investment decisions taken by you should be based on your own analysis and judgment (and/or that of your professional advisers) and not in reliance on us or the Information.

This information is only directed at investors resident in jurisdictions where each fund is registered for sale. It is not an offer or invitation to persons outside of those jurisdictions. We reserve the right to reject any applications from outside of such jurisdictions.

All information detailed on this website is current at the time of publication and may be changed in the future.

Source and third party data

Source: Unless otherwise indicated all data contained on this website is sourced from Legal & General Investment Management Limited.

Where this document contains third party data ('Third Party Data’), we cannot guarantee the accuracy, completeness or reliability of such Third Party Data and accept no responsibility or liability whatsoever in respect of such Third Party Data

Issuer

Information for all Collectives is issued by Legal & General Investment Management Limited (‘LGIM’). It is a MiFID II compliant investment management firm that acts as Promoter and Distributor to a range of EU domiciled UCITS umbrella companies and a range of UK domiciled UCITS and Non UCITS Retail Schemes. LGIM also acts has been appointed as the Investment Manager of these funds.

Legal & General Investment Management Limited is Registered in England and Wales No. 02091894. Registered Office: One Coleman Street, London, EC2R 5AA, United Kingdom. Authorised and regulated by the Financial Conduct Authority, No. 119272