Unit Trust (NURS non-complex)

Legal & General Future World Sustainable Opportunities Fund

Fund facts

Fund size
£59.1m
Base currency
GBP
Launch date
9 Aug 2018
Domicile
UK
Share class launch

Statistics

Historical yield
0.4%

As at 31 Aug 2020

Fund aim

The investment objective of the Fund is to seek to provide positive returns of both capital growth and income. The Fund selects investments which the Manager believes offer sustainable investment opportunities for the future based on environmental, social and governance related criteria.The Fund will seek to provide returns of 5% above the Bank of England Base Rate per annum over rolling five year periods. There is no guarantee that the objective will be met over any period and capital invested in the fund is at risk. This objective is before the deduction of any charges.

Benchmark

Bank of England Base Interest Rate

Sector

IA Specialist

  • What does it invest in? Invests in a wide range of company shares, bonds, property and real assets (including property, land and infrastructure) which meet our long term sustainable investment criteria, based on environmental, social and governance factors.
  • How does it invest? Actively managed, with wide discretion to invest across different types of investment which the manager believes offer sustainable long term investment opportunities. 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
Dual
Initial charge
0.00%
Ongoing charges figure
0.75%
Bid / Offer spread
0.02%

Codes

ISIN
GB00BFZ60412
SEDOL
BFZ6041
Bloomberg
LGFWSIA LN
MEX
LGZJF

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 2020

    CumulativeFundBenchmark
    1 month2.730.01
    6 months9.430.07
    Year to date7.050.19
    3 years--
    5 years--
    Since launch6.301.23
    AnnualisedFundBenchmark
    1 year10.060.44
    3 years--
    5 years--
    Since launch3.010.60

    As at 30 Jun 2020

    CumulativeFundBenchmark
    Quarterly5.840.02
    Year to date3.240.18
    3 years--
    5 years--
    Since launch2.521.21
    AnnualisedFundBenchmark
    1 year5.480.55
    3 years--
    5 years--
    Since launch1.320.64
    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

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

    12 months to 30 June 2016 2017 2018 2019 2020
    Fund----5.49
    Benchmark----0.56

    Calendar year performance (%)

    2015 2016 2017 2018 2019
    Fund----7.14
    Benchmark----0.75

    Monthly performance (%)

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund10.06--3.01
    Benchmark0.44--0.60

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund5.48--1.32
    Benchmark0.55--0.64

    Performance for the C Acc unit class in GBP, launched on 09 August 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.

    Performance for the C Inc unit class in GBP, launched on 09 August 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.

    Performance for the I Acc unit class in GBP, launched on 09 August 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.

    Performance for the I Inc unit class in GBP, launched on 09 August 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.

    Performance for the L Acc unit class in GBP, launched on 09 August 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.

    Performance for the L Inc unit class in GBP, launched on 09 August 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.

    Performance for the R Acc unit class in GBP, launched on 09 August 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.

    Performance for the R Inc unit class in GBP, launched on 09 August 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 31 Aug 2020. All data source LGIM unless otherwise stated. Totals may not sum due to rounding.

    Currency (%)

    USD58.6
    GBP22.2
    EUR9.8
    CHF2.6
    JPY2.6
    HKD2.1
    DKK2.0

    Portfolio beta (%)

    Equity0.31
    Credit0.02
    Investment Grade0.01
    EM Debt0.03
    High Yield-0.02
    Long Exposure
    Short Exposure
    Beta represents the potential profit/loss impact on the portfolio as a proportion to the profit/loss impact on the reference level. Reference level is 100% MSCI World (hedged to GBP).

    Sector (%)

    Consumer, Non-cyclical17.8
    Cash14.7
    Communications13.2
    Financial12.6
    Technology10.7
    Consumer, Cyclical8.4
    Government5.3
    Energy5.2
    Industrial4.9
    Basic Materials4.2
    Utilities2.5
    Diversified0.6
    Top 10 holdings36.8
    Rest of portfolio63.2

    Top 10 holdings (%)

    United Kingdom14.7
    Microsoft Corp3.0
    Facebook Inc2.9
    Mastercard Inc2.5
    Alphabet Inc2.5
    IHS Markit Ltd2.5
    Nestle SA2.3
    Thermo Fisher Scientific Inc2.2
    McDonald's Corp2.1
    Honeywell International Inc2.1

    Country (%)

    United States38.2
    United Kingdom25.0
    Netherlands3.1
    Japan3.0
    Germany2.7
    India2.5
    Switzerland2.3
    Ireland2.1
    China2.1
    Other19.0

    Fund Managers

    Colin is co-Head of Global Fixed Income and has responsibility for the London based fixed income team as well as overall portfolio management responsibilities for our Global Credit and Absolute Return strategies. Colin joined LGIM in 2005 from Henderson Global Investors where he was Head of Investment Grade Credit Fund Management. He has over 30 years’ experience in bond markets, specialising in non-government debt, and he has previously worked for Henderson Global Investors, Scottish Widows and Scottish Amicable.

    Shaunak joined LGIM in 2014 as a fund manager within the Active Equity team. He joined LGIM from Asian Century Quest, a multi-billion dollar, fundamental focused long/short equity hedge fund.

    ColinReedie

    ShaunakMazumder

    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
    53.37p
    Offer price
    53.37p
    Absolute change
    0.0009
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    I GBP Inc
    Bid price
    52.72p
    Offer price
    52.72p
    Absolute change
    0.0009
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    R GBP Acc
    Bid price
    53.04p
    Offer price
    53.04p
    Absolute change
    0.0009
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    R GBP Inc
    Bid price
    52.72p
    Offer price
    52.72p
    Absolute change
    0.0009
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    C GBP Acc
    Bid price
    53.53p
    Offer price
    53.53p
    Absolute change
    0.0009
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    C GBP Inc
    Bid price
    52.75p
    Offer price
    52.75p
    Absolute change
    0.0009
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    L GBP Acc
    Bid price
    54.10p
    Offer price
    54.10p
    Absolute change
    0.0009
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    L GBP Inc
    Bid price
    52.79p
    Offer price
    52.79p
    Absolute change
    0.0009
    Currency
    GBP
    Price time
    15:00 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
    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 return from this fund is dependent on relatively few individual investments. This means that a fall in the value of an individual investment can have a major impact on the overall performance of the fund.

    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.

    This fund can directly hold bonds and property. Bonds 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 that are traded on an exchange.

    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.

    Property values are generally a matter of valuer’s opinion and property takes time to buy and sell. In times of market uncertainty or if an exceptional amount of withdrawals are requested it may become less easy for your fund to sell its holdings and the Manager may defer withdrawals, or suspend dealing. The Manager can only delay paying out if it is in the interests of all investors and with the permission of the fund trustee or depositary.

    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.

    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.