Unit Trust (UCITS compliant)

Legal & General Real Income Builder Fund

Fund facts

Fund size
£149.5m
Base currency
GBP
Launch date
12 Mar 2015
Domicile
UK
Share class launch

Statistics

As at 31 May 2019

Fund aim

The primary objective of this fund is to generate income that grows by 4% more than the rate of UK inflation as measured by the Consumer Prices Index (CPI) over three year rolling time periods. The fund has a secondary objective to grow capital at a similar rate to income, but this applies over periods longer than 5 years. The above objectives are before the deduction of any charges and assume income is reinvested.

There is no guarantee that any of the objectives will be met over any time period. Both capital and reinvested income are at risk.

Benchmark

  • Aims to generate an income from dividends and interest that grows by inflation plus 4% p.a. over three-year rolling periods
  • We invest between 40-80% of fund assets in shares with the remainder in variable and fixed income securities and cash
  • Aims to be below two thirds of equity market risk in a downturn
  • This unit trust is a 'feeder fund' for the 'master fund' which is the L&G Real Income Fund which is an ACS
  • The fund will achieve its objectives by investing not less than 85% of its assets in the 'Master Fund'

Further details

Costs

Price basis
Dual
Initial charge
0.00%
Ongoing charges figure
0.55%
Bid / Offer spread
0.28%

Codes

ISIN
GB00BZ6RXW28
SEDOL
BZ6RXW2
Bloomberg
LGSRIIA
MEX
LGXAF

Dealing information

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

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

Fund Manager

Prior to LGIM, Nigel was a partner at Longview Partners. Nigel has an MA in economics from Cambridge and an MBA from Warwick University. He is also a Chartered Accountant and a fellow of the ICAEW.

Nigel Masding

Literature

Prices

Name
I GBP Acc
Bid price
65.01p
Offer price
65.25p
Absolute change
0.0015
Currency
GBP
Price time
12:00 UK time
Name
I GBP Inc
Bid price
59.15p
Offer price
59.37p
Absolute change
0.0014
Currency
GBP
Price time
12:00 UK time
Name
C GBP Acc
Bid price
54.98p
Offer price
55.19p
Absolute change
0.0013
Currency
GBP
Price time
12:00 UK time
Name
C GBP Inc
Bid price
52.84p
Offer price
53.04p
Absolute change
0.0012
Currency
GBP
Price time
12:00 UK time
Name
L GBP Acc
Bid price
64.81p
Offer price
65.05p
Absolute change
0.0015
Currency
GBP
Price time
12:00 UK time
Name
L GBP Inc
Bid price
57.80p
Offer price
58.02p
Absolute change
0.0014
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