Unit-Linked Life Insurance

Diversified Fund

Fund facts

Fund size
£8,579.7m
Base currency
GBP
Launch date
Jan 2012
Domicile
United Kingdom

Statistics

As at 31 Mar 2020

Fund aim

Comparator

Fund characteristics

Fund updates

Performance

Source: LGIM

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 31 Mar 2020

    CumulativeFundComparator
    Quarterly-12.24-18.03
    6 months-11.80-14.53
    Year to date-12.24-18.03
    AnnualisedFundComparator
    1 year-5.47-8.00
    3 years1.101.91
    5 years4.485.34
    Since launch6.859.78
    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

    Rolling 12-month performance to last quarter end (%)

    12 months to 31 March 2016 2017 2018 2019 2020
    Fund0.7919.562.616.52-5.47
    Comparator-2.0225.055.998.55-8.00

    Calendar year performance (%)

    2015 2016 2017 2018 2019
    Fund1.4120.549.60-2.8814.83
    Comparator3.9518.7515.95-5.6424.51

    Monthly performance (%)

    Annualised performance (%)

    Annualised1 year3 years5 yearsSince launch
    Fund-5.471.104.486.85
    Comparator-8.001.915.349.78

    Performance is reported in GBP based on weekly mid-market prices before the deduction of fees.

    Performance is reported in GBP based on daily close mid-market prices after the deduction of our standard investment management fees.

    Past performance is not a guide to future performance and the value of investments can go down as well as up.

    Portfolio

    As at 31 Mar 2020. All data source LGIM unless otherwise stated. Totals may not sum due to rounding.

    Asset allocation (%)

    Equities31.9
    Developed Corporate Bonds18.5
    Developed Government Bonds13.2
    Alternatives36.4
    Cash0.1

    Equities (%)

    Europe ex UK Equity5.7
    Japan Equity5.3
    Emerging Market Equity5.2
    North America Equity4.9
    Developed Small Cap Equity3.4
    UK Equity 3.1
    Asia Pacific ex Japan Equity3.1
    Frontier Market Equity0.9
    Middle East & African Equity0.2

    Developed corporate bonds (%)

    GBP Corporate Bonds8.7
    USD Corporate Bonds7.6
    EUR Corporate Bonds2.2

    Government bonds (%)

    Developed government bonds (%)

    Developed (ex UK ) Sovereign Debt5.0
    Index-Linked Gilts4.5
    Conventional Gilts1.9
    Euro ILB1.7

    Credit and emerging market debt (%)

    Alternatives (%)

    Emerging Sovereign Debt9.3
    Global Infrastructure *5.9
    High Yield Bonds5.8
    UK Physical Property5.3
    Global Real Estate *4.8
    Commodities **2.1
    Global Private Equity *2.1
    Timberland/Farmland*1.0

    UK (%)

    Europe ex UK (%)

    North America (%)

    Japan (%)

    Asia Pacific ex Japan (%)

    Emerging markets (%)

    Energy (%)

    Grains (%)

    Industrial Metals (%)

    Precious Metals (%)

    Softs (%)

    Livestock (%)

    *Exposure through shares in listed vehicles. **Exposure through investing in funds that aim to provide a similar return to selected commodity indices. The underlying funds invest in derivatives to provide the return of the specified indices. Asset allocations are subject to change.

    Fund Managers

    LGIM Asset Allocation Team

    The Fund is managed by LGIM's Asset Allocation team. The team has a wealth of experience in fund management, investment strategy and economics. They are responsible for a wide range of multi-asset funds and investment strategies across LGIM's client base. The Fund allows a broad range of pension fund investors to access this expertise.

    LGIM Allocation Strategy Management Team (ASM)

    The day-to-day implementation of the allocation of the fund is managed by the Allocation Strategy Management team.

    Prices

    Units can be purchased, sold or switched on a designated dealing day. This fund is offered on a weekly close, daily close, or daily midday basis. Further information is available in the relevant operational procedures sheet and the Description of Funds.
    Units can be purchased, sold or switched on a designated dealing day. This fund is offered on a daily close or daily midday basis. Further information is available in the relevant operational procedures sheet and the Description of Funds.
    Units can be purchased, sold or switched on a designated dealing day. This fund is offered on a basis. Further information is available in the relevant operational procedures sheet and the Description of Funds.
    Units can be purchased, sold or switched on a designated dealing day. This fund is offered on a basis. Further information is available in the relevant operational procedures sheet and the Description of Funds.
    Units can be purchased, sold or switched on a designated dealing day. This fund is offered on a basis. Further information is available in the relevant operational procedures sheet and the Description of Funds.
    Units can be purchased, sold or switched on a designated dealing day. This fund is offered on a basis. Further information is available in the relevant operational procedures sheet and the Description of Funds.
    Units can be purchased, sold or switched on a designated dealing day. This fund is offered on a basis. Further information is available in the relevant operational procedures sheet and the Description of Funds.
    Units can be purchased, sold or switched on a designated dealing day. This fund is offered on a basis. Further information is available in the relevant operational procedures sheet and the Description of Funds.
    Units can be purchased, sold or switched on a designated dealing day. This fund is offered on a basis. Further information is available in the relevant operational procedures sheet and the Description of Funds.

    Weekly close

    Name
    Primary
    Bid price
    191.55p
    Mid price
    192.06p
    Offer price
    192.98p
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    As at
    23 Jun 2020
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    Weekly dealt funds are valued at the local market close on the day preceding the dealing day.

    Daily close

    Name
    Primary
    Mid price
    191.71p
    Dealing price
    191.79p
    Absolute change
    -
    Currency
    GBP
    As at
    30 Jun 2020
    Name
    Charges included
    Mid price
    186.87p
    Dealing price
    186.95p
    Absolute change
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    As at
    30 Jun 2020
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    Daily close dealt funds are valued at the local market close on the dealing day.

    Daily midday

    Name
    Primary
    Mid price
    191.12p
    Dealing price
    191.88p
    Absolute change
    -
    Currency
    GBP
    As at
    1 Jul 2020
    Name
    Charges included
    Mid price
    186.29p
    Dealing price
    187.04p
    Absolute change
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    As at
    1 Jul 2020
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    Daily midday dealt funds are valued at the 12:00 (UK time) on the dealing day.

    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

    All performance periods over a year will be annualised.

    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 Information Document, the Key Features Document and Description of Funds 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.

    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 and General Assurance (Pensions 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 Pension and Life Funds is issued by Legal and General Assurance (Pensions Management) Limited (‘PMC’). It is a life insurance company which carries on linked insurance business. As part of that business, it holds investments divided into separate sub-funds known as PF Sections. The value of each Policy that it issues is determined by reference to the value of one or more of the PF Sections. Legal & General Investment Management Limited, has been appointed as the investment manager of these PF Sections and is authorised and regulated by the Financial Conduct Authority. LGIM also provides investment and marketing services to PMC.

    Legal and General Assurance (Pensions Management) Limited is Registered in England and Wales No. 01006112.  Registered Office: One Coleman Street, London, EC2R 5AA, United Kingdom. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, No. 202202.

    Index disclaimer

    Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). ©LSE Group 2019. FTSE Russell is a trading name of certain of the LSE Group companies. FTSE® is a trade mark of the relevant LSE Group companies and is used by any other LSE Group company under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.