SICAV (UCITS compliant)

L&G Future World Global Equity Focus Fund

Fund facts

Fund size
$85.0m
Base currency
USD
Launch date
13 Jul 2018
Domicile
Luxembourg
Share class launch

Statistics

As at 30 Nov 2018

Fund aim

The Fund aims to generate long term capital growth, by investing in equity securities on a global basis, including the emerging markets. The Fund aims to meet its performance objective over a rolling 3 year period. There can be no assurance that the Fund will achieve its investment objective.

Benchmark

MSCI World Index

  • Aims to generate long-term capital growth above the fund’s benchmark
  • Positively positioned for long-term structural change
  • Extensively integrates environmental, social and governance concerns and active engagement

Portfolio

As at 30 Nov 2018. All data source LGIM unless otherwise stated. Totals may not sum due to rounding.

Market capitalisation (%)

Large 90.0
Mid 7.1
Small 0.0
Micro 0.0
Cash and Equivalents 3.0
Top 10 holdings 40.8
Rest of portfolio 59.3
No. of holdings 32

Top 10 holdings (%)

AIA Group Ltd 4.6
Alphabet 4.5
JPMorgan Chase & Co 4.5
Alibaba Group Holding 4.3
Novo Nordisk 4.1
Kion Group AG 3.9
NMC Health plc 3.8
Reckitt Benckiser Group 3.7
Microsoft Corp 3.7
Honeywell International Inc 3.7

Country (%)

United States 47.3
United Kingdom 10.7
Germany 6.8
Denmark 5.2
Hong Kong 4.6
China 4.3
United Arab Emirates 3.8
Ireland 3.4
Japan 3.1
Other 10.7

Top sector over/underweights (%)

Fund Relative
Health Care 22.7 9.9
Consumer Goods 20.0 8.6
Technology 18.4 3.8
Cash 3.0 3.0
Basic Materials 3.5 -0.4
Industrials 10.9 -2.2
Telecommunications 0.0 -2.8
Utilities 0.0 -3.2
Consumer Services 7.9 -3.6
Oil & Gas 0.0 -6.1
Financials 13.8 -7.0

Top 5 stock over/underweights (%)

Fund Relative
AIA Group Ltd 4.6 4.4
Alibaba Group Holding 4.3 4.3
Kion Group AG 3.9 3.9
Novo Nordisk 4.1 3.9
NMC Health plc 3.8 3.8
Exxon Mobil Corporation 0.0 -0.9
Alphabet 0.0 -0.9
Johnson & Johnson 0.0 -1.0
Amazon.Com Inc 0.0 -1.8
Apple Inc 0.0 -2.3

Fund Managers

Nick joined LGIM from Goldman Sachs where he was a managing director on GS Sustain. Nick has a BA in history from St John’s College, Cambridge.

Shaunak joined LGIM from Asian Century Quest (ACQ) where he covered the European consumer sectors, global autos and Pan Asian consumer sectors. Shaunak has a BComm from Queen’s University Kingston, Canada.

Nick Hartley

Shaunak Mazumder

Literature

Prices

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85.75c
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86.47c
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Further details

Costs

Price basis
Single - full swing
Initial charge
0.00%
Ongoing charges figure
0.55%
Dilution adjustment
0.31%- round trip
Swing factor
0.10%

Codes

ISIN
LU1824427717
SEDOL
-
Bloomberg
LGEFIUA LX
MEX
-

Dealing information

Valuation frequency
Daily, 23:00 CET
Dealing frequency
Each Business Day
Settlement period
T+3
Administrator/Custodian
Northern Trust
Spreads are effective from 30 November 2018.

Country registration

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

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