Collectives

ICAV (UCITS compliant)

L&G Emerging Markets Equity Index Fund

I-Class GBP (Unhedged) Accumulation

ISINIE000EQ5ST59

Price

Fund aim

The Fund aims to track the performance of the Emerging Markets equity market as represented by the MSCI Emerging Markets Index (the "Index").

Fund snapshot

  • What does it invest in? Invests primarily in shares that make up the index, issued by medium to large companies from developing markets. The Fund may also use derivatives.
  • How does it invest? Passively managed, aiming to replicate the performance of the index.

Fund facts

Fund size$1,168.8m
Base currencyUSD
Fund launch date2 Feb 2017
DomicileIreland
Share class launch14 Dec 2021
As at 31 Jan 2024

Benchmark

MSCI Emerging Markets Index

Costs

Initial charge0.00%
Ongoing charges figure0.25%
Dilution levy0.315% - round trip
Entry anti-dilution levy0.13%
Exit anti-dilution levy0.18%

Performance

Performance for the I GBP (Unhedged) Acc unit class in GBP, launched on 14 December 2021. 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 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:14 Dec 2021
Benchmark:MSCI Emerging Markets Index
Share class launch date:14 Dec 2021
Benchmark:MSCI Emerging Markets Index
    Share class launch date:14 Dec 2021
    Benchmark:MSCI Emerging Markets Index

    Portfolio breakdown

    As at 31 Jan 2024

    Top 10 holdings23.1%
    Rest of portfolio76.9%
    No. of holdings in fund1,448
    No. of holdings in index1,440

    Top 10 holdings (%)

    Taiwan Semiconductor Manufacturing Co7.3
    Samsung Electronics Co3.9
    Tencent Holdings3.4
    Alibaba Group Holding2.2
    Reliance Industries1.6
    PDD Holdings ADR1.1
    Infosys1.0
    Icici Bank1.0
    China Construction Bank H0.9
    SK Hynix0.8

    Sector (%)

    Financials
    23.1
    Information Technology
    22.2
    Consumer Discretionary
    12.1
    Communication Services
    8.7
    Materials
    7.4
    Industrials
    6.8
    Consumer Staples
    5.9
    Energy
    5.7
    Health Care
    3.6
    Other
    4.5

    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. The figures shown for market capitalisation (the total share value of a company) may not be comparable between funds as they can be measured and classed in different ways.

    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 - dilution levy
    Price time22:30 Irish time
    CurrencyGBP
    Monthly price history

    Codes and dealing

    Codes

    ISINIE000EQ5ST59
    SEDOLBKZ7298
    BloombergLGMEIIG ID
    MEX-

    Dealing information

    Valuation frequencyDaily, 22:30 Irish time
    Dealing frequencyEach Irish and UK Business Day
    Settlement periodT+2
    Administrator/CustodianNorthern Trust

    Country registration

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

    Denmark
    Finland
    France
    Germany
    Ireland
    Italy
    Netherlands
    Norway
    Sweden
    Switzerland
    United Kingdom