Legal & General Asia Pacific Equity Income Fund
Unit Trust (UK UCITS compliant)
Legal & General Asia Pacific Equity Income Fund
I-Class GBP Accumulation
ISINGB00B409KQ03
Price
ISINGB00B409KQ03
Price
Fund aim
The objective of the Fund is to provide income in excess of the income generated by the FTSE Asia Pacific ex-Japan TR Net Index, the “Benchmark Index”, measured before the deduction of any charges and over rolling five year periods, whilst aiming for capital growth over the long term (at least five years). Please note, invested capital is at risk and there is no guarantee that the above will be attained over any time period.
Fund snapshot
- What does it invest in? Invests at least 80% in shares in companies throughout the Asia Pacific region, excluding Japan but including Australia and New Zealand.
- How does it invest? Actively managed, with holdings in between 40 and 80 companies on average over a typical market cycle of 3-5 years.
Fund facts
Fund size | £40.9m |
Base currency | GBP |
Fund launch date | 16 Aug 1985 |
Domicile | UK |
Share class launch | 17 Aug 2012 |
Benchmark
FTSE Asia Pacific ex-Japan TR Net Index
Costs
Initial charge | 0.00% |
Ongoing charges figure | 0.83% |
Dilution adjustment | 0.45% - round trip |
Performance
Portfolio breakdown
As at 29 Feb 2024
Top 10 holdings | 36.4% |
---|---|
Rest of portfolio | 63.6% |
No. of holdings | 57 |
---|
Top 10 holdings (%)
Taiwan Semiconductor | 9.1 |
Samsung Electronic | 5.2 |
Tencent Hldgs Ltd | 3.9 |
Reliance Inds | 3.4 |
HDFC Bank | 2.7 |
Trip Com Group Ltd | 2.7 |
BHP Group Ltd | 2.5 |
Transurban Group | 2.4 |
DBS Group Holdings | 2.3 |
Utd O/s Bank | 2.3 |
Sector (%)
Technology | 19.9 |
Financials | 18.9 |
Industrials | 15.4 |
Consumer Discretionary | 12.0 |
Telecommunications | 11.5 |
Energy | 6.9 |
Real Estate | 5.1 |
Basic Materials | 4.7 |
Consumer Staples | 4.0 |
Utilities | 1.6 |
Top 10 holdings | 36.4% |
---|---|
Rest of portfolio | 63.6% |
No. of holdings | 57 |
---|
Top 10 holdings (%)
Taiwan Semiconductor | 9.1 |
Samsung Electronic | 5.2 |
Tencent Hldgs Ltd | 3.9 |
Reliance Inds | 3.4 |
HDFC Bank | 2.7 |
Trip Com Group Ltd | 2.7 |
BHP Group Ltd | 2.5 |
Transurban Group | 2.4 |
DBS Group Holdings | 2.3 |
Utd O/s Bank | 2.3 |
Sector (%)
Technology | 19.9 |
Financials | 18.9 |
Industrials | 15.4 |
Consumer Discretionary | 12.0 |
Telecommunications | 11.5 |
Energy | 6.9 |
Real Estate | 5.1 |
Basic Materials | 4.7 |
Consumer Staples | 4.0 |
Utilities | 1.6 |
Market capitalisation (%)
Large | 86.2 |
Mid | 11.8 |
Small | 0.9 |
Cash and Equivalents | 1.0 |
Country (%)
China | 25.1 |
Australia | 17.1 |
Taiwan | 15.3 |
India | 13.6 |
Korea | 12.2 |
Singapore | 6.0 |
Hong Kong | 3.7 |
United States | 2.6 |
New Zealand | 2.6 |
Other | 2.0 |
Top stock over/underweights (%)
Fund | Relative | ||
---|---|---|---|
Taiwan Semiconductor | 9.1 | 2.4 | |
Trip Com Group Ltd | 2.7 | 2.3 | |
Orica Limited | 2.2 | 2.1 | |
Transurban Group | 2.4 | 2.1 | |
Utd O/s Bank | 2.3 | 2.0 | |
Anz Group Hldgs Li | 0.0 | -0.7 | |
Sk Hynix Inc | 0.0 | -0.8 | |
Pdd Holdings Inc Adr | 0.0 | -1.0 | |
Csl Ltd | 0.0 | -1.1 | |
Bank of Australia | 0.0 | -1.6 |
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
Ji Shi
Ji Shi, Portfolio Manager, Active Strategies, joined LGIM in 2021, with previous roles at Astellon Capital, CDC Group, Duke Street and Alcazar Capital. Ji graduated from Peking University in China with a Bachelor in Law, and holds an MBA degree from London Business School.
Camilla Ayling
Camilla Ayling, Portfolio Manager, Active Strategies, joined LGIM in 2019 from Rathbones, having previously worked at Barclays. She has a BSc (Hons) degree in Economics, is a CFA charterholder and holds the PRI’s Foundations in Responsible Investments qualification and the CFA Certificate in ESG Investing.
Literature
Document type
Prices
Pricing information
Price basis | Single swing |
Price time | 12:00 UK time |
Currency | GBP |
Download full price history
Codes and dealing
Codes
ISIN | GB00B409KQ03 |
SEDOL | B409KQ0 |
Bloomberg | LEGFARI LN |
MEX | LGASIA |
Dealing information
Valuation frequency | Daily, 12pm (UK time) |
Dealing frequency | Daily |
Settlement period | T+4 |
Country registration
This share class is registered for sale in the following countries: