ACS (UCITS compliant)

L&G Global Developed Four Factor Index Fund

Fund facts

Fund size
£2,018.4m
Base currency
GBP
Launch date
7 Aug 2018
Domicile
UK
Share class launch

Statistics

As at 31 Jul 2020

Fund aim

The objective of the Fund is to provide a combination of income and growth by tracking the SciBeta Developed Low-Carbon & ESG High-Factor-Intensity Multi-Beta (vol, val, mom, pro/inv) Maximum Deconcentration Index (the "Benchmark Index"). This objective is after the deduction of charges and taxation.

Benchmark

SciBeta Developed Low-Carbon & ESG High-Factor-Intensity Multi-Beta (vol, val, mom, pro/inv) Maximum Deconcentration

  • What does it invest in? Invests in shares of large and medium sized companies globally, as measured by market capitalisation. Has at least 70% of the fund invested in shares that are included in the Index.
  • How does it invest? Passively managed, aiming to replicate the performance of the Index, which is constructed based on four risk factors (value, low volatility, momentum and quality), according to the Index provider's methodology.

Performance

Source: Lipper

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 31 Jul 2020

    CumulativeFundBenchmark
    1 month-1.63-1.74
    6 months-4.07-5.39
    Year to date-4.40-5.79
    3 years--
    5 years--
    Since launch3.75-0.98
    AnnualisedFundBenchmark
    1 year-4.99-7.21
    3 years--
    5 years--
    Since launch1.87-0.49

    As at 30 Jun 2020

    CumulativeFundBenchmark
    Quarterly17.4616.64
    Year to date-2.82-4.12
    3 years--
    5 years--
    Since launch5.470.77
    AnnualisedFundBenchmark
    1 year0.64-1.69
    3 years--
    5 years--
    Since launch2.840.41
    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----0.64
    Benchmark-----1.70

    Calendar year performance (%)

    2015 2016 2017 2018 2019
    Fund----20.08
    Benchmark----17.30

    Monthly performance (%)

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund-4.99--1.87
    Benchmark-7.21---0.49

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund0.64--2.84
    Benchmark-1.69--0.41

    Performance for the CC CAD Acc unit class in CAD, launched on 13 December 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.

    Past performance is not a guide to the future.

    Performance for the G GBP Acc unit class in GBP, launched on 07 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 G GBP (Hedged) Acc unit class in GBP, launched on 07 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 J GBP Acc unit class in GBP, launched on 15 October 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 Jul 2020. 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.

    Sector (%)

    Financials20.2
    Technology19.3
    Healthcare14.4
    Cyclical Consumer11.6
    Industrials11.4
    Non-cyclical Consumer10.7
    Basic Materials4.4
    Utilities4.0
    Telecommunications Services2.8
    Other1.1

    Market capitalisation (%)

    Large62.5
    Mid34.3
    Small3.2
    Top 10 holdings6.0
    Rest of portfolio94.0
    No. of holdings in fund772
    No. of holdings in index764

    Top 10 holdings (%)

    Apple Inc0.7
    Synopsys Inc0.6
    Agilent Technologies Inc0.6
    Cummins Inc0.6
    Abbott Laboratories0.6
    Walmart Inc0.6
    Lam Research Corp0.6
    Merck & Co. Inc.0.6
    Johnson & Johnson0.6
    T-Mobile Us Inc0.6

    Country (%)

    United States64.6
    Japan7.9
    United Kingdom4.7
    Canada3.5
    France2.9
    Switzerland2.4
    Germany2.3
    Netherlands1.6
    Australia1.6
    Other8.5

    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
    G GBP Acc
    Mid price
    107.40p
    Change (%)
    -0.3803
    Currency
    GBP
    Price time
    22:30 UK time
    Name
    G GBP Hedged Acc
    Mid price
    102.44p
    Change (%)
    0.2446
    Currency
    GBP
    Price time
    22:30 UK time
    Name
    J GBP Acc
    Mid price
    113.27p
    Change (%)
    -0.3869
    Currency
    GBP
    Price time
    22:30 UK time
    Name
    CC CAD Acc
    Mid price
    0.99
    Change (%)
    -0.0806
    Currency
    CAD
    Price time
    22:30 UK time

    Further details

    Costs

    Price basis
    Single - full swing
    Initial charge
    0.00%
    Ongoing charges figure
    0.06%
    Dilution levy
    0.124%

    Codes

    ISIN
    GB00BF18NR50
    SEDOL
    BF18NR5
    Bloomberg
    LGDFSGA LN
    MEX
    -

    Dealing information

    Valuation frequencyDaily, 22:30 GMT
    Dealing frequencyEach Business Day
    Settlement periodT+2

    Country registration

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

    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.

    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 LGIM Managers (Europe) Limited as management company for this fund. Registered in Ireland No. 609677. Registered Office: 33/34 Sir John Rogerson’s Quay, Dublin, 2, Ireland. Authorised and Regulated by the Central Bank of Ireland No. C173733.

    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 SciBeta Developed Low-Carbon & ESG High-Factor-Intensity Multi-Beta (vol, val, mom, pro/inv) Maximum Deconcentration (the “Index”) is the intellectual property (including registered trademarks) of EDHEC Risk Institute Asia Ltd and/or its licensors, which is used under license within the framework of ERI Scientific Beta activity. The L&G Global Developed Four Factor Index Fund that replicates fully or partially the SciBeta Developed Low-Carbon & ESG High-Factor-Intensity Multi-Beta (vol, val, mom, pro/inv) Maximum Deconcentration (the “Index”) is not sponsored, endorsed, sold or promoted by EDHEC Risk Institute Asia Ltd and its licensors and neither EDHEC Risk Institute ASIA Ltd nor its licensors shall have any liability with respect thereto.