Fund facts
Fund size
$261.3m
Base currency
USD
Launch date
8 Jun 2017
Domicile
Ireland
Share class launch
Statistics
As at 31 Aug 2020
Fund aim
The investment objective of the Fund is to provide investors with a return in line with the performance of the developed world small cap equity market as represented by the MSCI World Small Cap Index (USD) (the "Index").
Benchmark
MSCI World Small Cap Index USD
Fund snapshot
- What does it invest in? Invests primarily in shares that make up the index, issued by smaller companies from developed markets. The Fund may also use derivatives.
- How does it invest? Passively managed, aiming to replicate the performance of the index.
Performance
Source: Lipper
Performance (%)
Performance summary (%)
As at 31 Aug 2020
| Cumulative | Fund | Benchmark |
| 1 month | 5.43 | 4.51 |
| 6 months | 0.42 | -0.44 |
| Year to date | -9.45 | -10.18 |
| 3 years | - | - |
| 5 years | - | - |
| Since launch | 8.42 | 7.89 |
| Annualised | Fund | Benchmark |
| 1 year | -0.50 | -1.28 |
| 3 years | - | - |
| 5 years | - | - |
| Since launch | 3.42 | 3.21 |
As at 30 Jun 2020
| Cumulative | Fund | Benchmark |
| Quarterly | 21.65 | 21.71 |
| Year to date | -12.95 | -12.92 |
| 3 years | - | - |
| 5 years | - | - |
| Since launch | 4.23 | 4.59 |
| Annualised | Fund | Benchmark |
| 1 year | -3.93 | -3.85 |
| 3 years | - | - |
| 5 years | - | - |
| Since launch | 1.87 | 2.03 |
Rolling 12-month performance to last quarter end (%)
| 12 months to 30 June | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Fund | - | - | - | -0.46 | -3.94 |
| Benchmark | - | - | - | -0.27 | -3.86 |
Calendar year performance (%)
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Fund | - | - | - | - | 28.31 |
| Benchmark | - | - | - | - | 28.52 |
Monthly performance (%)
Annualised performance (%)
| 1 year | 3 years | 5 years | Since launch | |
|---|---|---|---|---|
| Fund | -0.50 | - | - | 3.42 |
| Benchmark | -1.28 | - | - | 3.21 |
Annualised performance (%)
| 1 year | 3 years | 5 years | Since launch | |
|---|---|---|---|---|
| Fund | -3.93 | - | - | 1.87 |
| Benchmark | -3.85 | - | - | 2.03 |
Performance for the C GBP (Unhedged) Acc unit class in GBP, launched on 09 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 I EUR (Unhedged) Acc unit class in EUR, launched on 09 April 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 EUR (Unhedged) Inc unit class in EUR, launched on 29 November 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 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 08 June 2017. 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) Inc unit class in EUR, launched on 29 November 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 (Unhedged) Acc unit class in GBP, launched on 08 June 2017. 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 31 Aug 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 (%)
| Industrials | 17.8 | |
| Information Technology | 14.2 | |
| Consumer Discretionary | 13.5 | |
| Health Care | 12.2 | |
| Financials | 11.8 | |
| Real Estate | 10.1 | |
| Materials | 7.0 | |
| Consumer Staples | 4.8 | |
| Communication Services | 3.3 | |
| Other | 5.3 |
| Top 10 holdings | 2.0 | |
| Rest of portfolio | 98.0 |
| No. of holdings in fund | 4,122 |
| No. of holdings in index | 4,226 |
Top 10 holdings (%)
| Carvana Co | 0.2 |
| Etsy Inc | 0.2 |
| Horizon Therapeutics Plc | 0.2 |
| Pool Corp | 0.2 |
| Hubspot Inc | 0.2 |
| Monolithic Power Systems Inc | 0.2 |
| Generac Holdings Inc | 0.2 |
| Solaredge Technologies Inc | 0.2 |
| Charles River Laboratories | 0.2 |
| Zendesk Inc | 0.2 |
Country (%)
| United States | 57.2 | |
| Japan | 11.6 | |
| United Kingdom | 6.6 | |
| Canada | 3.7 | |
| Australia | 3.4 | |
| Sweden | 2.9 | |
| Germany | 2.2 | |
| Switzerland | 2.2 | |
| France | 1.2 | |
| Other | 9.1 |
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
Fact sheets
2020Change date
Report and accounts
2020Change year
Annual 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 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.
Name
I EUR Acc
Mid price
104.46c
Change (%)
-0.343446
Currency
EUR
Price time
22:30 Irish time
Name
I EUR Inc
Mid price
99.15c
Change (%)
-0.331725
Currency
EUR
Price time
22:30 Irish time
Name
C GBP Acc
Mid price
104.87p
Change (%)
-0.237823
Currency
GBP
Price time
22:30 Irish time
Name
n/a
Mid price
n/a
Change (%)
n/a
Currency
n/a
Price time
n/a
Name
n/a
Mid price
n/a
Change (%)
n/a
Currency
n/a
Price time
n/a
Name
Z EUR Acc
Mid price
106.38c
Change (%)
-0.337268
Currency
EUR
Price time
22:30 Irish time
Name
Z EUR Inc
Mid price
99.22c
Change (%)
-0.331492
Currency
EUR
Price time
22:30 Irish time
Name
n/a
Mid price
n/a
Change (%)
n/a
Currency
n/a
Price time
n/a
Further details
Costs
Price basis
Single - dilution levy
Initial charge
0.00%
Ongoing charges figure
0.30%
Dilution levy
0.126%- round trip
Entry Anti-Dilution Levy
0.07%
Exit Anti-Dilution Levy
0.05%
Codes
ISIN
IE00BDZTSY26
SEDOL
BDZTSY2
Bloomberg
LGGSIEA ID
MEX
-
Dealing information
Valuation frequency
Daily, 22:30 Irish time
Dealing frequency
Each Irish and UK Business Day
Settlement period
T+2
Administrator/Custodian
Northern Trust
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 invests in smaller companies. Investments in smaller companies tend to be riskier than investments in larger companies because they can: be harder to buy and sell; or go up and down in value more often and by larger amounts, especially in the short term. In times of market uncertainty or if an exceptional amount of withdrawals are requested it may become less easy for your fund to sell investments 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 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.
We may take some or all of the ongoing charges from the fund's capital rather than the fund's income. This increases the amount of income, but it reduces the growth potential and may lead to a fall in the value of the fund.
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 funds shall or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The Prospectus contains a more detailed description of the limited relationship MSCI has with Legal & General Investment Management Limited and its affiliates and any related funds.
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