Fund facts
Fund size
$1,102.6m
Base currency
USD
Launch date
2 Mar 2018
Domicile
Ireland
Share class launch
Statistics
Modified duration
7.89 years
Gross redemption yield (unhedged)
4.68%
As at 30 Nov 2021
Fund aim
The Fund aims to track the performance of the Emerging Markets government bond market as represented by the JPMorgan Emerging Markets Bond Index (EMBI) Global Diversified (the "Index").
Benchmark
JPMorgan Emerging Markets Bond Index (EMBI) Global Diversified Index
Fund snapshot
- What does it invest in? Invests primarily in US dollar-denominated bonds that make up the index, issued by governments of a broad range of developing countries. These bonds will be a mixture of sub-investment grade (higher risk), investment grade (lower risk) and non-rated bonds. The fund may also use derivatives.
- How does it invest? Passively managed, aiming to replicate the performance of the index.
Performance
Source: Lipper
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Performance (%)
Performance summary (%)
As at 30 Nov 2021
| Cumulative | Fund |
| 1 month | 1.76 |
| 6 months | 5.15 |
| Year to date | -0.19 |
| 3 years | - |
| 5 years | - |
| Since launch | 0.13 |
| Annualised | Fund |
| 1 year | -0.74 |
| 3 years | - |
| 5 years | - |
| Since launch | 0.10 |
As at 30 Sep 2021
| Cumulative | Fund |
| Quarterly | 1.71 |
| Year to date | -0.23 |
| 3 years | - |
| 5 years | - |
| Since launch | 0.09 |
| Annualised | Fund |
| 1 year | -0.20 |
| 3 years | - |
| 5 years | - |
| Since launch | 0.08 |
Rolling 12-month performance to last quarter end (%)
| 12 months to 30 September | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Fund | - | - | - | - | -0.20 |
Calendar year performance (%)
| 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|
| Fund | - | - | - | - | - |
Monthly performance (%)
Annualised performance (%)
| 1 year | 3 years | 5 years | Since launch | |
|---|---|---|---|---|
| Fund | -0.74 | - | - | 0.10 |
Annualised performance (%)
| 1 year | 3 years | 5 years | Since launch | |
|---|---|---|---|---|
| Fund | -0.20 | - | - | 0.08 |
Performance for the Z EUR (Unhedged) Acc unit class in EUR, launched on 02 March 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 GBP (Unhedged) Acc unit class in GBP, launched on 27 August 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.
Past performance is not a guide to the future.
Performance for the C GBP (Hedged) Inc unit class in GBP, launched on 08 June 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 guide to the future.
Performance for the C GBP (Unhedged) Inc unit class in GBP, launched on 27 August 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.
Past performance is not a guide to the future.
Performance for the C USD Acc unit class in USD, launched on 30 August 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 I EUR (Unhedged) Acc unit class in EUR, launched on . 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 EUR (Hedged) Acc unit class in EUR, launched on 11 January 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 I EUR (Hedged) Inc unit class in EUR, launched on 10 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.
Past performance is not a guide to the future.
Performance for the I GBP (Unhedged) Acc unit class in GBP, launched on 27 August 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.
Past performance is not a guide to the future.
Performance for the I GBP (Unhedged) Inc unit class in GBP, launched on 27 August 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.
Past performance is not a guide to the future.
Performance for the I USD Acc unit class in USD, launched on 30 August 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 K EUR (Unhedged) Acc unit class in EUR, launched on 02 March 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 K EUR (Hedged) Acc unit class in EUR, launched on 14 March 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 K GBP (Unhedged) Acc unit class in GBP, launched on . 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 P EUR (Unhedged) Acc unit class in EUR, launched on . 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 Z EUR (Unhedged) Acc unit class in EUR, launched on 02 March 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 Z EUR (Hedged) Acc unit class in EUR, launched on 01 May 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 Z EUR (Hedged) Inc unit class in EUR, launched on 20 September 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 Z GBP (Hedged) Inc unit class in GBP, launched on 11 January 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 Z USD Acc unit class in USD, launched on . 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 30 Nov 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 (%)
| USD | 100.0 |
Years to maturity (%)
| 0 - 5 Years | 29.8 | |
| 5 - 10 Years | 30.2 | |
| 10 - 15 Years | 8.3 | |
| 15 - 20 Years | 4.5 | |
| 20 - 25 Years | 7.4 | |
| 25 - 30 Years | 15.5 | |
| 30 - 40 Years | 3.7 | |
| 40+ Years | 0.5 |
| Top 10 holdings | 5.2 | |
| Rest of portfolio | 94.8 |
| No. of issuers in fund | 170 |
| No. of issuers in index | 177 |
Top 10 holdings (%)
| Ecuador Govt Intl Bd 1% 31 Jul 35 | 0.7 |
| Russian Eurobond 5.25% 23 Jun 47 | 0.7 |
| Uruguay Govt Intl Bd 5.1% 18 Jun 50 | 0.7 |
| Kuwait Govt Intl Bd3.5% 20 Mar 27 | 0.6 |
| Qatar Govt Intl Bd5.103% 23 Apr 48 | 0.5 |
| Petronas Capital 4.55% 21 Apr 50 | 0.4 |
| Qatar Govt Intl Bd4.817% 14 Mar 49 | 0.4 |
| Uruguay Govt Intl Bd 4.975% 20 Apr 55 | 0.4 |
| Uruguay Govt Intl Bd 4.375% 23 Jan 31 | 0.4 |
| Ecuador Govt Intl Bd 5% 31 Jul 30 | 0.4 |
Country (%)
| Mexico | 5.0 | |
| Indonesia | 4.7 | |
| China | 4.4 | |
| United Arab Emirates | 4.2 | |
| Saudi Arabia | 4.0 | |
| Qatar | 3.8 | |
| Turkey | 3.5 | |
| Russia | 3.4 | |
| Philippines | 3.1 | |
| Other | 63.9 |
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
Key literature
Non-Trading Days
01 Jan 2022
Fact sheet
30 Nov 2021
Fact sheet
30 Nov 2021
Fact sheet
30 Nov 2021
Fact sheet
30 Nov 2021
Fact sheet
30 Nov 2021
Fact sheet
30 Nov 2021
Fact sheet
30 Nov 2021
Fact sheet
30 Nov 2021
Fact sheet
30 Nov 2021
Fact sheet
30 Nov 2021
Fact sheet
30 Nov 2021
Fact sheet
30 Nov 2021
Fact sheet
30 Nov 2021
Fact sheet
30 Nov 2021
Fact sheet
30 Nov 2021
KIID
17 Feb 2021
KIID
17 Feb 2021
KIID
17 Feb 2021
KIID
17 Feb 2021
KIID
17 Feb 2021
KIID
17 Feb 2021
KIID
25 May 2021
KIID
17 Feb 2021
KIID
17 Feb 2021
KIID
17 Feb 2021
KIID
17 Feb 2021
KIID
17 Feb 2021
KIID
17 Feb 2021
KIID
17 Feb 2021
KIID
17 Feb 2021Prospectus
31 Dec 2020Fact sheets
2021Change date
Legal documents
KIID
17 Feb 2021
KIID
17 Feb 2021
KIID
17 Feb 2021
KIID
17 Feb 2021
KIID
17 Feb 2021
KIID
17 Feb 2021
KIID
25 May 2021
KIID
17 Feb 2021
KIID
17 Feb 2021
KIID
17 Feb 2021
KIID
17 Feb 2021
KIID
17 Feb 2021
KIID
17 Feb 2021
KIID
17 Feb 2021
KIID
17 Feb 2021UK EMT costs and charges
13 Apr 2021European EMT costs and charges
13 Apr 2021Prospectus
31 Dec 2020Country Supplement - UK
04 Mar 2021Incorporation Document
23 Mar 2017Reports and accounts
2021Change date
Annual Report and Accounts
31 Dec 2020Annual Report and Accounts
31 Dec 2019Annual Report and Accounts
31 Dec 2018Annual Report and Accounts
31 Dec 2017Annual Report and Accounts
31 Dec 2016Interim Report and Accounts
30 Jun 2021Interim Report and Accounts
30 Jun 2020Interim Report and Accounts
30 Jun 2019Interim Report and Accounts
30 Jun 2018Interim Report and Accounts
30 Jun 2017Trading information
Prices
This share class is not currently pricing.
This share class is not currently pricing.
This share class is not currently pricing.