Collectives

ICAV (UCITS compliant)

L&G World Equity Index Fund

I-Class GBP (Unhedged) Accumulation

ISINIE00BDH3JM72

Price

Fund aim

The Fund aims to track the performance of the developed world equity market as represented by the MSCI World Index (the "Index").

Fund snapshot

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

Fund facts

Fund size$53.3m
Base currencyUSD
Fund launch date15 Mar 2017
DomicileIreland
Share class launch15 Mar 2017
As at 31 Jan 2024

Benchmark

MSCI World Index

Costs

Initial charge0.00%
Ongoing charges figure0.13%
Dilution levy0.104% - round trip
Entry anti-dilution levy0.07%
Exit anti-dilution levy0.03%

Performance

Performance for the I GBP (Unhedged) Acc unit class in GBP, launched on 15 March 2017. 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:15 Mar 2017
Benchmark:MSCI World NR GBP
Share class launch date:15 Mar 2017
Benchmark:MSCI World NR GBP
    Share class launch date:15 Mar 2017
    Benchmark:MSCI World NR GBP

    Portfolio breakdown

    As at 31 Jan 2024

    Top 10 holdings20.9%
    Rest of portfolio79.2%
    No. of holdings in fund1,491
    No. of holdings in index1,480

    Top 10 holdings (%)

    Apple4.8
    Microsoft4.6
    Nvidia2.5
    Amazon.com2.4
    Meta Platforms A1.4
    Alphabet A1.4
    Alphabet C1.2
    Tesla0.9
    Broadcom0.9
    Eli Lilly & Co0.9

    Sector (%)

    Information Technology
    23.7
    Financials
    15.2
    Health Care
    12.3
    Industrials
    11.0
    Consumer Discretionary
    10.6
    Communication Services
    7.4
    Consumer Staples
    6.8
    Energy
    4.4
    Materials
    3.9
    Other
    4.8

    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.

    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.

    Literature

    Prices

    Pricing information

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

    Codes and dealing

    Codes

    ISINIE00BDH3JM72
    SEDOLBDH3JM7
    BloombergLGWEIGA 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
    Sweden
    Switzerland
    United Kingdom