Collectives

SICAV (UCITS compliant)

L&G Future World Global Equity Focus Fund

I-Class USD Distribution

ISINLU1824427808

Price

Fund aim

The objective of the Fund is to provide long-term capital growth.

The Fund is actively managed and seeks to achieve its objective by investing predominantly in shares of companies on a global basis, including the emerging markets.

The sustainable investment objective of the Fund is to invest in companies which positively contribute to the United Nations Sustainable Development Goals (SDGs). The Fund is multi-thematic and targets sustainable themes, indicated by its investments’ contribution to the SDGs. All investments held by the Fund contribute to one or more of the SDGs.

Fund snapshot

  • What does it invest in? Portfolio invests predominantly in shares of companies globally, including emerging markets, across a variety of sectors. The mandate to invest in companies capable of delivering long-term sustainable growth with high returns on capital.
  • How does it invest? Actively managed portfolio, meaning that the Investment Manager will not be tied to investing in the constituents of any index, and will use its discretion with regards to selecting the companies, sectors, and geographical exposure of the Fund’s holdings. The Fund will also seek to reflect the Investment Manager’s long-term thematic and structural growth views. The fund also fully integrates environmental, social and governance (ESG) assessment and active engagement, where responsible investing and active ownership/stewardship represent core investment pillars.
  • Does it have a sustainable objective?The Fund has a sustainable investment objective as it invests in companies which (i) contribute to environmental or social objectives, (ii) do not significantly harm any environmental or social objectives, and (iii) follow good governance practices. Further information can be found in the Fund Supplement. The Fund is multi-thematic and targets sustainable themes. All investments held by the Fund contribute to one or more of the UN Sustainable Development Goals (SDGs). The Fund is also committed to maintaining at least 50% less carbon emissions than the MSCI World Index.

Fund facts

Fund size$96.9m
Base currencyUSD
Fund launch date13 Jul 2018
DomicileLuxembourg
Share class launch31 Jul 2018
As at 31 Jan 2024

Benchmark

MSCI World Total Return Net Index

Costs

Initial charge0.00%
Ongoing charges figure0.56%
Dilution adjustment0.136% - round trip

Performance

Performance for the I USD Dist unit class in USD, launched on 31 July 2018. Source: Lipper. This fund has adopted a single swinging price, this means that on any given day the single dealing price will be set at either bid, offer or somewhere in between, based on whether there was a net inflow or outflow into or out of the Fund. The past performance depicted in this factsheet is based on that dealing price and therefore may appear more volatile than it would otherwise be if we were to show the notional bid or offer performance, this is as a result of the daily swing.
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:31 Jul 2018
Benchmark:MSCI World TR (net) Index USD
Share class launch date:31 Jul 2018
Benchmark:MSCI World TR (net) Index USD
    Share class launch date:31 Jul 2018
    Benchmark:MSCI World TR (net) Index USD

    Portfolio breakdown

    As at 31 Jan 2024

    Top 10 holdings45.8%
    Rest of portfolio54.2%
    No. of holdings36

    Top 10 holdings (%)

    Microsoft Corp8.5
    Alphabet Inc5.2
    Apple Inc4.4
    Novo Nordisk4.4
    Mastercard Incorporated4.3
    Mondelez Intl Inc4.0
    S&P Global Inc3.9
    Intuit3.8
    Nestle3.8
    Thermo Fisher Scientific Inc3.7

    Country (%)

    United States
    82.6
    Denmark
    5.5
    United Kingdom
    4.5
    Netherlands
    2.9
    Sweden
    1.9
    Switzerland
    1.7
    Germany
    0.9

    All data source LGIM unless otherwise stated. Totals may not sum due to rounding. 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

    Robert White headshot

    Robert White

    Robert joined LGIM in 2018 as a Fund Manager for the UK Special Situations Trust. Prior to this Robert worked at Mirabaud Asset Management where he was an Assistant Fund Manager (2013 to 2018) on the UK Equities Core product. Before that he worked at PWC in their Transaction Services division. In total he has over 10 years experience working within financial services. He read Philosophy, Politics and Economics at Pembroke College, Oxford and is a member of the Institute of Chartered Accountants in England and Wales.

    Sustainability

    SFDR categorisation

    The sustainable investment objective of the Fund is to invest in companies which positively contribute to the United Nations Sustainable Development Goals (‘SDGs’). The Fund is multi-thematic and targets sustainable themes, indicated by its investments’ contribution to the SDGs. All investments held by the Fund contribute to one or more of the SDGs.

    The Fund also aims to maintain a carbon emissions intensity which is at least 50% less than the MSCI World Total Return net Index (the ‘Benchmark Index’). For reporting purposes, a proxy benchmark is used (which, for the avoidance of doubt, is deemed equivalent by the Investment Manager to the Benchmark Index) to measure the Fund’s attainment of this carbon emissions intensity target. The Benchmark Index is not aligned with the sustainable investment objective of the Fund; it is used for carbon emissions intensity comparison purposes and not for portfolio construction.

    Literature

    Prices

    Pricing information

    Price basisSingle swing
    Price time23:00 CET
    CurrencyUSD
    Monthly price history

    Codes and dealing

    Codes

    ISINLU1824427808
    SEDOL-
    BloombergLGEFIUD LX
    MEX-

    Dealing information

    Valuation frequencyDaily, 23:00 CET
    Dealing frequencyEach Business Day
    Settlement periodT+3
    Administrator/CustodianNorthern Trust

    Country registration

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

    Belgium
    Denmark
    Finland
    France
    Germany
    Italy
    Luxembourg
    Netherlands
    Norway
    Spain
    Sweden
    Switzerland
    United Kingdom