Collectives

Unit Trust (UK UCITS compliant)

Legal & General Emerging Markets Government Bond (US$) Index Fund

I-Class GBP Accumulation

ISINGB00B7MJV331

Price

Fund aim

The objective of the Fund is to track the performance of the JPMorgan Emerging Markets Bond Index Plus, the "Benchmark Index" before fees and expenses are applied. Fund performance may differ from the Benchmark Index due to the deduction of fees and expenses and the impact of any tracking error factors.

Fund snapshot

  • What does it invest in? Invests in US dollar-denominated bonds issued by governments of a broad range of developing countries.
  • How does it invest? Passively managed, aiming to replicate the performance of the Index.

Fund facts

Fund size£629.1m
Base currencyGBP
Fund launch date11 Dec 2012
DomicileUK
Share class launch11 Dec 2012
Distribution yield6.1%
Modified duration7.54 years
As at 31 Jan 2024

Benchmark

JPMorgan Emerging Markets Bond Index Plus

Costs

Initial charge0.00%
Ongoing charges figure0.29%
Dilution adjustment0.64% - round trip

Fund ratings

Performance

Performance for the I Acc unit class in GBP, launched on 11 December 2012. 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.
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:11 Dec 2012
Benchmark:JPMorgan Emerging Markets Bond Index Plus
Share class launch date:11 Dec 2012
Benchmark:JPMorgan Emerging Markets Bond Index Plus
    Share class launch date:11 Dec 2012
    Benchmark:JPMorgan Emerging Markets Bond Index Plus

    Portfolio breakdown

    As at 31 Jan 2024

    Top 10 holdings12.9%
    Rest of portfolio87.1%
    No. of issuers in fund31
    No. of issuers in index31

    Top 10 holdings (%)

    Qatar Govt Intl Bd4.817% 14 Mar 491.9
    Qatar Gov Int'l Bond 4.4% 16 Apr 501.5
    Qatar Govt Int'l Bond 4% 14 Mar 291.4
    Argentine Govt Intl Bd 3.625% 09Jul351.4
    Argentine Govt Intl Bd 0.75% 09 Jul 301.2
    Saudi Govt Int'l Bd 5.75% 16 Jan 541.2
    Ecuador Govt Intl Bd 3.5% 31 Jul 351.2
    Peruvian Govt Intl Bd 2.783% 23 Jan 311.1
    DR International Bond 4.875% 23 Sep 321.1
    Brazil'n Govt Intl Bd 3.875% 12 Jun 301.1

    Sector (%)

    Government
    100.0

    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.

    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 swing
    Price time12:00 UK time
    CurrencyGBP
    Monthly price history
    Please note that a maximum of 10 years price history is available.

    Codes and dealing

    Codes

    ISINGB00B7MJV331
    SEDOLB7MJV33
    BloombergLGEGUIA LN
    MEXLGUTBW

    Dealing information

    Valuation frequencyDaily, 12pm (UK time)
    Dealing frequencyDaily
    Settlement periodT+4

    Country registration

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

    United Kingdom