Unit Trust (UCITS compliant)

Legal & General Cash Trust

Fund facts

Fund size
£2,034.3m
Base currency
GBP
Launch date
23 Sep 1992
Domicile
UK
Share class launch

Statistics

Distribution yield
0.6%
Weighted average maturity
44 days

As at 30 Jun 2019

Fund aim

The objective of this fund is to maintain capital and to provide a return in line with money market rates, before charges. The fund will generally invest in short term deposits, certificates of deposit, government bonds (predominantly UK) issued in pounds sterling and reverse repos.

Benchmark

LIBID GBP 7 Day

Sector

IA Short Term Money Market NR

  • Aims to preserve capital and provide a return in line with money market rates
  • Invests in a range of money market securities denominated in sterling
  • Liquidity Management (within Global Trading and Liquidity Management) forms a strategic part of our asset management capability incorporating liquidity management and secured funding

Further details

Costs

Price basis
Full swing
Initial charge
0.00%
Ongoing charges figure
0.15%
Bid / Offer spread
0.00%

Codes

ISIN
GB00B0CNHB64
SEDOL
B0CNHB6
Bloomberg
LEGCAIA
MEX
LGCTIA

Dealing information

Valuation frequencyDaily, 12pm (UK time)
Dealing frequencyDaily
Settlement periodT+1

Find out more about price basis methodologies: View Guide to investing with us

Country registration

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

Fund updates

Performance

Source: Lipper

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 30 Jun 2019

    Cumulative Fund Benchmark
    1 month 0.04 0.05
    6 months 0.34 0.34
    Year to date 0.34 0.34
    3 years 1.16 1.35
    5 years 1.58 2.34
    Since launch 17.39 -
    Annualised Fund Benchmark
    1 year 0.65 0.69
    3 years 0.38 0.45
    5 years 0.31 0.46
    Since launch 1.18 -

    As at 30 Jun 2019

    Cumulative Fund Benchmark
    Quarterly 0.16 0.17
    Year to date 0.34 0.34
    3 years 1.16 1.35
    5 years 1.58 2.34
    Since launch 17.39 -
    Annualised Fund Benchmark
    1 year 0.65 0.69
    3 years 0.38 0.45
    5 years 0.31 0.46
    Since launch 1.18 -
    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

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

    12 months to 30 June 2015 2016 2017 2018 2019
    Fund 0.20 0.22 0.20 0.31 0.65
    Benchmark 0.48 0.49 0.26 0.40 0.69

    Calendar year performance (%)

    2014 2015 2016 2017 2018
    Fund 0.16 0.23 0.21 0.20 0.51
    Benchmark 0.47 0.48 0.39 0.28 0.58

    Monthly performance (%)

    Annualised performance (%)

    1 year 3 years 5 years Since launch
    Fund 0.65 0.38 0.31 1.18
    Benchmark 0.69 0.45 0.46 -

    Annualised performance (%)

    1 year 3 years 5 years Since launch
    Fund 0.65 0.38 0.31 1.18
    Benchmark 0.69 0.45 0.46 -

    Performance for the I Acc unit class in GBP, launched on 07 November 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.

    Past performance is not a guide to the future.

    Performance for the I Inc unit class in GBP, launched on 27 March 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.

    Past performance is not a guide to the future.

    Performance for the L Acc unit class in GBP, launched on 28 April 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.

    Past performance is not a guide to the future.

    Performance for the R Acc unit class in GBP, launched on 23 September 1992. 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 guide to the future.

    Performance for the unit class in GBP, launched on 21 December 1977. 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. Performance assumes that the average basic annual management charge our customers pay has been deducted. This is 0.90% for internal funds and up to 2.00% for external funds. Your charge and therefore your fund performance may be different from this.

    Past performance is not a guide to the future.

    Performance for the unit class in GBP, launched on 21 December 1977. 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 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. Performance assumes that the average basic annual management charge our customers pay has been deducted. This is 0.90% for internal funds and up to 2.00% for external funds. Your charge and therefore your fund performance may be different from this.

    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.

    Past performance is not a guide to the future.

    Portfolio

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

    Asset (%)

    Cash 100.0

    Days to maturity (%)

    0 to 7 days 46.0
    7 days to 1 month 3.9
    1 to 3 months 30.7
    3 to 6 months 15.0
    6 to 12 months 4.4

    Credit rating (%)

    AA- 15.5
    A+ 43.0
    A 38.3
    Cash 3.3
    Top 10 issuers 57.8
    Rest of portfolio 42.2

    Top 10 issuers (%)

    BNP Paribas London 7.6
    Sumitomo Mitsui Banking 7.6
    Cooperatieve Rabobank UA 7.4
    Societe Generale London 7.4
    Bred - Banque Populaire 6.1
    ING Bank NV 5.4
    Bank of Tokyo-Mitsub Ldn 4.9
    Bank of China London 4.4
    Sumitomo Mitsui Trust Bank 3.7
    Cash 3.3

    Country (%)

    France 27.2
    Japan 21.1
    Netherlands 13.7
    United Kingdom 9.9
    USA 5.9
    United Arab Emirates 5.9
    Sweden 4.4
    China 4.4
    Canada 2.2
    Other 5.2

    Fund Manager

    Liquidity Management

    Liquidity Management (within Global Trading and Liquidity Management) forms a strategic part of our asset management capability incorporating liquidity management and secured funding.

    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
    I GBP Acc
    Bid price
    97.98p
    Offer price
    97.98p
    Absolute change
    0
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    I GBP Inc
    Bid price
    50.07p
    Offer price
    50.07p
    Absolute change
    0
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    R GBP Acc
    Bid price
    94.48p
    Offer price
    94.48p
    Absolute change
    0
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    L GBP Acc
    Bid price
    50.84p
    Offer price
    50.84p
    Absolute change
    0
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    GBP
    Bid price
    -
    Offer price
    -
    Absolute change
    -
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    GBP
    Bid price
    -
    Offer price
    -
    Absolute change
    -
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    GBP
    Bid price
    -
    Offer price
    -
    Absolute change
    -
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    GBP
    Bid price
    -
    Offer price
    -
    Absolute change
    -
    Currency
    GBP
    Price time
    12:00 UK time

    For valuations and account queries contact:

    Legal & General (Unit Trust Managers) Limited
    PO Box 6080
    Wolverhampton
    WV1 9RB
    Tel : 0370 050 0955
    Email: [email protected]

    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