PMCs

Unit-Linked Life Insurance

Overseas Equity Consensus Index Fund

Fund aim

The investment objective of the fund is to provide diversified exposure to a range of overseas equity markets. The fund aims to maintain an asset distribution close to that of the FTSE All-World (ex UK) Index series. This includes developed and emerging markets.

Fund characteristics

The fund employs an index tracking strategy, aiming to replicate the performance of its benchmark. We follow a pragmatic approach to managing index funds, either investing directly in the securities of that index, or indirectly through other LGIM funds. The fund may also hold index and single stock futures for efficient portfolio management.

Fund facts

Fund size£20.9m
Base currencyGBP
DomicileUnited Kingdom
Share class launch15/03/00
As at 31 Dec 2023

Benchmark

FTSE All-World (ex UK) Index

For further information on the construction of the benchmark please refer to the Description of Funds document.

Performance

Source: LGIM. Performance is reported in GBP based on weekly mid-market prices before the deduction of fees. Benchmark is stated net of tax applicable to UK pension schemes
Please note that the Fund has been restructured and therefore its allocation and benchmark changed with effect from 31 July 2016.
Past performance is not a guide to future performance and the value of investments can go down as well as up.
Share class launch date:15 Mar 2000
Benchmark:FTSE All-World (ex UK) Index
Share class launch date:15 Mar 2000
Benchmark:FTSE All-World (ex UK) Index
    Share class launch date:15 Mar 2000
    Benchmark:FTSE All-World (ex UK) Index

    Portfolio breakdown

    As at 31 Dec 2023

    Top 10 holdings18.8%
    Rest of portfolio81.2%
    No. of holdings in fund4,024

    Top 10 holdings (%)

    Apple4.6
    Microsoft4.3
    Amazon.com2.1
    Nvidia1.8
    Alphabet A1.2
    Meta Platforms A1.2
    Alphabet C1.1
    Tesla1.0
    Unitedhealth Group0.8
    Eli Lilly & Co0.8

    Sector (%)

    Technology
    26.1
    Financials
    14.1
    Consumer Discretionary
    14.1
    Industrials
    13.0
    Health Care
    10.9
    Consumer Staples
    5.4
    Energy
    4.3
    Basic Materials
    3.5
    Telecommunications
    3.1
    Other
    5.5

    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.

    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

    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.

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    Monthly price history

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    Please note that a maximum of 10 years price history is available.