Unit Trust (UK UCITS compliant)

Legal & General Future World ESG Developed Index Fund

Fund facts

Fund size
£463.9m
Base currency
GBP
Launch date
12 Apr 2019
Domicile
UK
Share class launch

Statistics

Historical yield
1.1%

As at 30 Sep 2021

Fund aim

The objective of the Fund is to provide a combination of growth and income by tracking the performance of the Solactive L&G Enhanced ESG Developed Index (the “Benchmark Index”).

Benchmark

Solactive L&G Enhanced ESG Developed Index

Sector

IA Global

  • What does it invest in? Invests in shares of companies from developed countries as represented by the Index, which is alternatively weighted to give greater weight to companies that score well against environmental, social and governance criteria. This means the Fund will invest more in companies that score well against these criteria, and less in companies that do not.
  • How does it invest? Passively managed, to replicate the performance of the Index. As part of the Future World* range, the fund incorporates our Climate Impact Pledge, a targeted engagement process, and may exclude companies if engagement proves unsuccessful.

Further details

Costs

Price basis
Single swing
Initial charge
0.00%
Ongoing charges figure
0.25%
Dilution adjustment
0.13% - round trip

Codes

ISIN
GB00BYWQWW93
SEDOL
BYWQWW9
Bloomberg
LGFWPIA LN
MEX
LGVOC

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 30 Sep 2021

    CumulativeFundBenchmark
    1 month-1.14-2.30
    6 months12.0611.29
    Year to date16.1615.18
    3 years--
    5 years--
    Since launch49.4048.18
    AnnualisedFundBenchmark
    1 year24.0023.70
    3 years--
    5 years--
    Since launch17.6417.25

    As at 30 Sep 2021

    CumulativeFundBenchmark
    Quarterly3.942.87
    Year to date16.1615.18
    3 years--
    5 years--
    Since launch49.4048.18
    AnnualisedFundBenchmark
    1 year24.0023.70
    3 years--
    5 years--
    Since launch17.6417.25
    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

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

    12 months to 30 September 2017 2018 2019 2020 2021
    Fund---9.5724.00
    Benchmark---9.1423.70

    Calendar year performance (%)

    2016 2017 2018 2019 2020
    Fund----14.94
    Benchmark----15.25

    Monthly performance (%)

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund24.00--17.64
    Benchmark23.70--17.25

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund24.00--17.64
    Benchmark23.70--17.25

    Performance for the C Acc unit class in GBP, launched on 15 June 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. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.

    Past performance is not a guide to the future.

    Performance for the C Inc unit class in GBP, launched on 15 June 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. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.

    Past performance is not a guide to the future.

    Performance for the I Acc unit class in GBP, launched on 12 April 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. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.

    Past performance is not a guide to the future.

    Performance for the I Inc unit class in GBP, launched on 12 April 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. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.

    Past performance is not a guide to the future.

    Performance for the L Acc unit class in GBP, launched on 12 April 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. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.

    Past performance is not a guide to the future.

    Performance for the L Inc unit class in GBP, launched on 15 June 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. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.

    Past performance is not a guide to the future.

    Performance for the R Acc unit class in GBP, launched on 12 April 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. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.

    Past performance is not a guide to the future.

    Performance for the R Inc unit class in GBP, launched on 12 April 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. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.

    Past performance is not a guide to the future.

    Portfolio

    As at 30 Sep 2021. 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.

    Currency (%)

    USD67.4
    EUR9.0
    JPY7.6
    GBP4.3
    CAD3.2
    CHF2.6
    AUD2.4
    SEK1.1
    DKK0.9
    Other1.5

    Sector (%)

    Communications & Tech35.0
    Consumer Non-cyclical23.2
    Consumer Cyclical11.6
    Banks (Equity)8.5
    Industrials5.9
    Financial Services (Equity)4.6
    Insurance (Equity)3.4
    Property2.6
    Commodities2.3
    Other2.8

    Market capitalisation (%)

    Large87.4
    Mid11.9
    Small0.8
    Undefined-
    Top 10 holdings21.4
    Rest of portfolio78.6
    No. of holdings in fund1,434
    No. of holdings in index1,529

    Top 10 holdings (%)

    Microsoft Corp5.5
    Apple Inc5.4
    Amazon.Com Inc2.5
    Alphabet Cl A1.3
    Facebook1.3
    Alphabet Cl C1.3
    Nvidia Corp1.1
    JPMorgan Chase & Co1.1
    Unitedhealth Group Inc1.0
    Visa Inc Class A1.0

    Country (%)

    United States65.0
    Japan7.6
    United Kingdom4.3
    Canada3.2
    Switzerland2.8
    France2.5
    Germany2.5
    Australia2.4
    Netherlands2.0
    Other7.9

    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.

    LGIMIndex Fund Management Team

    Literature

    Prices

    Name
    I GBP Acc
    Price
    76.27p
    Change (%)
    0.47
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    I GBP Inc
    Price
    73.38p
    Change (%)
    0.48
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    R GBP Acc
    Price
    75.70p
    Change (%)
    0.48
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    R GBP Inc
    Price
    73.35p
    Change (%)
    0.48
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    C GBP Acc
    Price
    69.55p
    Change (%)
    0.48
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    C GBP Inc
    Price
    68.36p
    Change (%)
    0.47
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    L GBP Acc
    Price
    76.63p
    Change (%)
    0.47
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    L GBP Inc
    Price
    68.37p
    Change (%)
    0.47
    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 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.

    Where companies in the Index are excluded from the fund as a result of the Climate Impact Pledge, this may affect the ability of the manager to closely track the performance of the Index.

    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.

    Index disclaimer

    The financial instrument is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index and/or Index trade mark or the Index Price at any time or in any other respect. The Solactive Index is powered by Thomson Reuters Information.