Unit Trust (UK UCITS compliant)

Legal & General MSCI World Socially Responsible Investment (SRI) Index Fund

Please note that effective from 20 December 2022, changes are being made to the objective and policy of the Fund. For further information please contact the Manager, Monday to Friday between 9.00am to 5.00pm on 0370 050 0955 or by email at [email protected]

Fund facts

Fund size
£422.1m
Base currency
GBP
Launch date
5 Jul 1999
Domicile
UK
Share class launch

Statistics

Historical yield
1.1%

As at 31 Oct 2022

Fund aim

The objective of the Fund is to provide growth by tracking the performance of the MSCI World SRI Index, the “Benchmark Index”. This objective is after the deduction of charges and taxation.

Benchmark

MSCI World SRI Index

  • What does it invest in? Invests primarily in shares that make up the index, issued by medium to large companies from developed countries. The Fund may also use derivatives.
  • How does it invest? Passively managed, aiming to replicate the performance of the index.

Further details

Costs

Price basis
Single swing
Initial charge
0.00%
Ongoing charges figure
0.55%
Dilution adjustment
0.15%- round trip

Codes

ISIN
GB0009243824
SEDOL
0924382
Bloomberg
LEGETHA
MEX
LGETA

Dealing information

Valuation frequencyDaily, 3pm (UK time)
Dealing frequencyDaily
Settlement periodT+4

Performance

Source: Lipper

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 31 Oct 2022

    CumulativeFundBenchmark
    1 month0.892.35
    6 months-5.02-2.18
    Year to date-11.88-10.86
    3 years-7.95
    5 years-13.82
    Since launch--
    AnnualisedFundBenchmark
    1 year-7.65-7.61
    3 years-2.58
    5 years-2.62
    Since launch--

    As at 30 Sep 2022

    CumulativeFundBenchmark
    Quarterly3.971.85
    Year to date-12.66-12.90
    3 years-3.95
    5 years-13.26
    Since launch--
    AnnualisedFundBenchmark
    1 year-3.18-2.73
    3 years-1.30
    5 years-2.52
    Since launch--
    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

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

    12 months to 30 September 2018 2019 2020 2021 2022
    Fund4.014.30-12.2929.00-3.18
    Benchmark5.902.90-16.9628.68-2.73

    Calendar year performance (%)

    2017 2018 2019 2020 2021
    Fund11.20-12.1228.97-8.6826.27
    Benchmark12.91-9.4719.19-10.3528.04

    Monthly performance (%)

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund-7.65---
    Benchmark-7.612.582.62-

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund-3.18---
    Benchmark-2.731.302.52-

    Performance for the F Acc unit class in GBP, launched on 20 December 2012. 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. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.

    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. Performance assumes all fund charges have been taken and that all income generated by the investments, after deduction of tax, remains in the fund. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.

    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. Performance assumes all fund charges have been taken and that all income generated by the investments, after deduction of tax, remains in the fund. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.

    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. Performance assumes all fund charges have been taken and that all income generated by the investments, after deduction of tax, remains in the fund. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.

    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. Performance assumes all fund charges have been taken and that all income generated by the investments, after deduction of tax, remains in the fund. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.

    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. Performance assumes all fund charges have been taken and that all income generated by the investments, after deduction of tax, remains in the fund. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.

    Past performance is not a guide to the future.

    Performance for the R Inc unit class in GBP, launched on 05 July 1999. 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. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.

    Past performance is not a guide to the future.

    Performance for the unit class in GBP, launched on 25 October 1999. 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. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis. The fund performance does not take into account of any product charges or External Funds Annual Management Charge (EFAMC).

    Past performance is not a guide to the future.

    Performance for the unit class in GBP, launched on 26 October 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. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis. The fund performance does not take into account of any product charges or External Funds Annual Management Charge (EFAMC).

    Past performance is not a guide to the future.

    The Fund changed its Benchmark on 28 January 2021. Prior to this date the chart above shows the performance of the FTSE 350 index.

    Portfolio

    As at 31 Oct 2022. 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. 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.

    Sector (%)

    Technology21.2
    Consumer Discretionary16.2
    Health Care15.8
    Financials12.5
    Industrials11.7
    Consumer Staples8.9
    Basic Materials4.3
    Real Estate2.5
    Energy2.5
    Other4.4

    Market capitalisation (%)

    Large80.8
    Mid18.4
    Small0.8
    Top 10 holdings33.3
    Rest of portfolio66.7
    No. of holdings in fund361

    Top 10 holdings (%)

    Microsoft13.2
    Tesla4.7
    Nvidia2.7
    Home Depot2.4
    Pepsico2.0
    Coca-Cola Co2.0
    Roche Holding1.9
    Walt Disney Co1.5
    ASML1.5
    Novo Nordisk B1.4

    Country (%)

    United States69.6
    Japan5.9
    Canada3.8
    United Kingdom3.4
    Switzerland3.0
    France2.6
    Netherlands2.5
    Denmark2.2
    Australia1.7
    Other5.4

    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

    Literature

    Income

    Latest dividends

    The latest dividends are shown below. The historic level of income generated by this fund may go down as well up and will vary over time.

    of

    Dividend history

    Total dividends paid in each financial year of the fund.

    Prices

    Name
    R GBP Acc
    Price
    115.50p
    Change (%)
    -0.09
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    R GBP Inc
    Price
    71.53p
    Change (%)
    -0.1
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    I GBP Acc
    Price
    129.10p
    Change (%)
    -0.15
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    I GBP Inc
    Price
    71.56p
    Change (%)
    -0.1
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    F GBP Acc
    Price
    121.70p
    Change (%)
    -0.16
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    F GBP Inc
    Price
    72.01p
    Change (%)
    -0.1
    Currency
    GBP
    Price time
    15:00 UK time

    A single swing price is displayed from 1st December 2020. Prior to this date, Bid and Offer prices are displayed for those funds that were previously dual priced.

    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.

    The fund could lose money if any institution providing services such as acting as counterparty to derivatives or other instruments, becomes unwilling or unable to meet its obligations to the fund.

    Derivatives are highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains.

    The fund may have underlying investments that are valued in currencies that are different from sterling (British pounds). Exchange rate fluctuations will impact the value of your investment. Currency hedging techniques may be applied to reduce this impact but may not entirely eliminate it.

    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.

    Index disclaimer

    The funds shall or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The Prospectus contains a more detailed description of the limited relationship MSCI has with Legal & General Investment Management Limited and its affiliates and any related funds.