Unit Trust (NURS non-complex)

Legal & General Diversified Fund

Fund facts

Fund size
£3.7m
Base currency
GBP
Launch date
20 Feb 2020
Domicile
UK
Share class launch

Statistics

Underlying yield
2.2%

As at 31 Aug 2021

Fund aim

The Fund's objective is to provide a combination of capital growth and income. The Fund aims to achieve a total return of both income and capital of the Bank of England Base Rate +3.75% per annum (the “Benchmark”). This objective is before the deduction of any charges and measured over rolling five year periods.

Whilst the Fund aims to achieve its objective, there is no guarantee that this will be achieved over that period or any other period and capital invested in the Fund is at risk.

Benchmark

Target benchmark: Bank of England base rate + 3.75%; Comparator benchmark: FTSE Custom Developed 50% Hedged to GBP Index

Sector

IA Mixed Investment 20-60% Shares

  • Aims to provide pure market exposure for long-term investors
  • A fund designed to provide a return broadly similar to developed market equities but with lower volatility
  • Delivering a diversified investment that is straightforward and transparent in its approach

Further details

Costs

Price basis
Single swing
Initial charge
0.00%
Ongoing charges figure
0.28%
Dilution adjustment
0.38%- round trip

Codes

ISIN
GB00BK6L3290
SEDOL
BK6L329
Bloomberg
LEGDIGA LN
MEX
LGAAXM

Dealing information

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

Country registration

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

Performance

Source: Lipper

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 31 Aug 2021

    CumulativeFundBenchmark
    1 month1.490.31
    6 months7.871.91
    Year to date7.012.57
    3 years--
    5 years--
    Since launch9.046.25
    AnnualisedFundBenchmark
    1 year13.373.85
    3 years--
    5 years--
    Since launch5.824.04

    As at 30 Jun 2021

    CumulativeFundBenchmark
    Quarterly4.260.95
    Year to date4.831.92
    3 years--
    5 years--
    Since launch6.825.58
    AnnualisedFundBenchmark
    1 year12.183.85
    3 years--
    5 years--
    Since launch4.974.08
    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

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

    12 months to 30 June 2017 2018 2019 2020 2021
    Fund----12.18
    Benchmark----3.85

    Calendar year performance (%)

    2016 2017 2018 2019 2020
    Fund-----
    Benchmark-----

    Monthly performance (%)

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund13.37--5.82
    Benchmark3.85--4.04

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund12.18--4.97
    Benchmark3.85--4.08

    Performance for the C Acc unit class in GBP, launched on 20 February 2020. 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 C Inc unit class in GBP, launched on 20 February 2020. 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 Acc unit class in GBP, launched on 20 February 2020. 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 20 February 2020. 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 20 February 2020. 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 31 Aug 2021. All data source LGIM unless otherwise stated. Totals may not sum due to rounding.

    Asset allocation (%)

    Equities34.3
    Government Bonds9.0
    Credit and Emerging Market Debt31.4
    Alternatives22.1
    Cash3.2

    Equities (%)

    Emerging Market Equity6.4
    North America Equity6.3
    Europe ex UK Equity6.1
    Japan Equity4.9
    Small-cap Equity4.1
    Asia Pacific ex Japan Equity3.3
    UK Equity3.3

    Developed corporate bonds (%)

    Government bonds (%)

    Developed Market Government Bonds (ex UK) 5.5
    Global Inflation-Linked Bonds3.5

    Developed government bonds (%)

    Credit and emerging market debt (%)

    Global Corporate Bonds11.0
    Emerging Market Bonds (Local)6.3
    UK Corporate Bonds6.0
    Global High Yield5.4
    Emerging Market Bonds (Hard Currency)2.8

    Alternatives (%)

    Real Estate Investment Trusts5.7
    Listed Infrastructure5.5
    UK Property4.7
    Listed Private Equity2.7
    Commodities2.3
    Listed Timberland1.2

    UK (%)

    Europe ex UK (%)

    North America (%)

    Japan (%)

    Asia Pacific ex Japan (%)

    Emerging markets (%)

    Top 10 holdings52.7
    Rest of portfolio47.3

    Top 10 holdings (%)

    LGIM Global Corporate Bond Fund10.1
    L&G Emerging Markets Government Bond (Local Currency) Index Fund6.3
    L&G Sterling Corporate Bond Index Fund6.0
    L&G High Income Trust5.4
    L&G UK Property Fund4.7
    L&G Global Listed Infrastructure Index Fund4.6
    North American Future Contract4.4
    L&G Global Real Estate Dividend Index Fund4.3
    Japan Equity Future Contract3.5
    L&G Global Inflation Linked Bond Index Fund3.5

    Energy (%)

    Grains (%)

    Industrial Metals (%)

    Precious Metals (%)

    Softs (%)

    Livestock (%)

    Fund Manager

    Martin is a Fund Manager in the Multi-Asset Funds team and responsible for the development of medium and long-term investment strategy. Prior to joining LGIM in September 2012, Martin was a senior investment consultant at Towers Watson where he was a member of its Global Investment Committee.

    MartinDietz

    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
    Price
    54.15p
    Change (%)
    0.33
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    I GBP Inc
    Price
    52.48p
    Change (%)
    0.32
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    C GBP Acc
    Price
    54.21p
    Change (%)
    0.31
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    C GBP Inc
    Price
    52.49p
    Change (%)
    0.32
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    L GBP Acc
    Price
    54.33p
    Change (%)
    0.33
    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.

    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
    City East Plaza - Block A
    Towlerton
    Ballysimon Road
    Limerick
    Ireland
    V94 X2N9
    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.

    The fund invests directly or indirectly in bonds which are issued by companies or governments. If these companies or governments experience financial difficulty, they may be unable to pay back some or all of the interest, original investment or other payments that they owe. If this happens, the value of the fund may fall.

    By investing in other funds this fund indirectly holds bonds and property that are traded through agents, brokers or investment banks or directly between buyers and sellers. This makes them less easy to buy and sell than investments traded on an exchange. In exceptional circumstances the fund may not be able to sell its holdings in other funds and may defer withdrawals, or suspend dealing. The Directors can only delay paying out if it is in the interests of all investors and with the permission of the fund 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.

    Investment returns on bonds are sensitive to trends in interest rate movements. Such changes will affect the value of your investment.

    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

    Issued by Legal & General Investment Management Limited as promoter and distributor for this fund in the UK.

    Legal & General Investment Management Limited has been appointed as the discretionary investment manager for these Funds and 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.