Further details
Costs
Dilution adjustment
0.24% - round trip
Codes
Dealing information
| Valuation frequency | Daily, 3pm (UK time) |
| Dealing frequency | Daily |
| Settlement period | T+4 |
Fund facts
Fund size
£953.8m
Base currency
GBP
Launch date
25 Jan 2016
Domicile
UK
Share class launch
Statistics
As at 31 Oct 2021
Fund aim
The objective of the fund is to provide a combination of income and growth by tracking the performance of the FTSE EPRA Nareit Developed Dividend Plus Index (the “Index”). This objective is after the deduction of charges and taxation.
Benchmark
FTSE EPRA/NAREIT Developed Dividend Plus Index
Fund snapshot
- What does it invest in? Invests in shares of property companies whose main business is to invest in and manage properties throughout the developed world.
- How does it invest? Passively managed, aiming to replicate the performance of the Index.
Performance
Source: Lipper
Performance (%)
Performance summary (%)
As at 31 Oct 2021
| Cumulative | Fund |
| 6 Months | - |
| Year to date | - |
| 3 years | - |
| 5 years | - |
| Annualised | Fund |
| 1 year | - |
| 3 years | - |
| 5 years | - |
As at 30 Sep 2021
| Cumulative | Fund |
| 6 Months | - |
| Year to date | - |
| 3 years | - |
| 5 years | - |
| Annualised | Fund |
| 1 year | - |
| 3 years | - |
| 5 years | - |
Rolling 12-month performance to last quarter end (%)
| 12 months to 30 September | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Benchmark | - | - | - | - | - |
Calendar year performance (%)
| 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|
| Benchmark | - | - | - | - | - |
Monthly performance (%)
Annualised performance (%)
| 1 year | 3 years | 5 years | |
|---|---|---|---|
| Fund | - | - | - |
Annualised performance (%)
| 1 year | 3 years | 5 years | |
|---|---|---|---|
| Fund | - | - | - |
Performance for the C Acc unit class in GBP, launched on 25 January 2016. 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 C Inc unit class in GBP, launched on 25 January 2016. 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 25 January 2016. 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 25 January 2016. 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 January 2016. 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 Inc unit class in GBP, launched on 25 January 2016. 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.
Portfolio
As at 31 Oct 2021. 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.
Sector (%)
| Real Estate | 100.0 |
Market capitalisation (%)
| Large | 26.0 | |
| Mid | 37.4 | |
| Small | 36.6 | |
| Undefined | - |
| Top 10 holdings | 23.4 | |
| Rest of portfolio | 76.7 |
| No. of holdings in fund | 327 |
| No. of holdings in index | 324 |
Top 10 holdings (%)
| Public Storage | 3.2 |
| Simon Property Group Inc | 3.1 |
| Digital Realty Trust Inc | 2.9 |
| Vonovia SE | 2.3 |
| Welltower Inc | 2.2 |
| Avalonbay Communities Inc | 2.1 |
| Equity Residential | 2.1 |
| Alexandria Real Estate Equit | 2.0 |
| Realty Income Corp | 1.8 |
| Extra Space Storage Inc | 1.6 |
Country (%)
| United States | 55.7 | |
| Japan | 9.9 | |
| Hong Kong | 6.1 | |
| Australia | 4.6 | |
| Germany | 4.5 | |
| Singapore | 4.0 | |
| United Kingdom | 4.0 | |
| Canada | 3.8 | |
| Sweden | 2.1 | |
| Other | 5.4 |
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
Report and accounts
2021Change year
Long report - annual
20 Apr 2021Long report - annual
20 Apr 2020Long report - annual
20 Apr 2018Long report - annual
20 Apr 2017Short report - annual
20 Apr 2018Short report - annual
20 Apr 2017Long report - interim
20 Oct 2020Long report - interim
20 Oct 2019Long report - interim
20 Oct 2018Long report - interim
20 Oct 2017Short report - interim
20 Oct 2018Short report - interim
20 Oct 2017Income
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
Total dividends paid in each financial year of the fund.
Prices
Name
C GBP Acc
Price
83.55p
Change (%)
-2.15
Currency
GBP
Price time
15:00 UK time
Name
C GBP Inc
Price
70.66p
Change (%)
-2.15
Currency
GBP
Price time
15:00 UK time
Name
I GBP Acc
Price
83.32p
Change (%)
-2.15
Currency
GBP
Price time
15:00 UK time
Name
I GBP Inc
Price
70.43p
Change (%)
-2.15
Currency
GBP
Price time
15:00 UK time
Name
L GBP Acc
Price
83.89p
Change (%)
-2.16
Currency
GBP
Price time
15:00 UK time
Name
L GBP Inc
Price
70.95p
Change (%)
-2.15
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.
Most of the fund holds investments from a particular market sector, that of property company shares and REITs. Funds like this can be more volatile than funds that invest across many market sectors. This is because the value of the fund can go up and down more often and by larger amounts than funds that are spread more widely, especially in the short term.
The fund invests in property companies and REITs. These investments tend to be more volatile than investing directly in property because they can go up and down in value more often and by larger amounts, especially in the short term. These risks may increase with market uncertainty and it could become even less easy for your fund to buy and sell investments. If this happens, the value of your fund may fall and in extreme circumstances this may also force a delay in buying and selling your investment in the fund, which may mean you have to wait for your money to be invested or returned. The fund can only delay paying out if it is in the interests of all investors and with the permission of the fund trustee or depositary.
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.
We may take some or all of the ongoing charges from the fund's capital rather than the fund's income. This increases the amount of income, but it reduces the growth potential and may lead to a fall in the value of the fund.