Unit Trust (NURS non-complex)

Legal & General Diversified Fund

Important Due to exceptional market conditions, spreads are currently volatile and may be subject to frequent change.

Fund facts

Fund size
£3.0m
Base currency
GBP
Launch date
20 Feb 2020
Domicile
UK
Share class launch

Statistics

Underlying yield
2.3%

As at 31 Mar 2020

Fund aim

The Fund's objective is to provide a combination of capital growth and income. The Fund aims to achieve a total return of both income and capital of the Bank of England Base Rate +3.75% per annum (the “Benchmark”). This objective is before the deduction of any charges and measured over rolling five year periods.

Whilst the Fund aims to achieve its objective, there is no guarantee that this will be achieved over that period or any other period and capital invested in the Fund is at risk.

Benchmark

Target benchmark: Bank of England base rate + 3.75%; Comparator benchmark: FTSE Custom Developed 50% Hedged to GBP Index

  • Aims to provide pure market exposure for long-term investors
  • A fund designed to provide a return broadly similar to developed market equities but with lower volatility
  • Delivering a diversified investment that is straightforward and transparent in its approach

Fund Manager

Martin is a Fund Manager in the Multi-Asset Funds team and responsible for the development of medium and long-term investment strategy. Prior to joining LGIM in September 2012, Martin was a senior investment consultant at Towers Watson where he was a member of its Global Investment Committee.

MartinDietz

Prices

Name
I GBP Acc
Bid price
48.42p
Offer price
48.42p
Absolute change
0.0015
Currency
GBP
Price time
15:00 UK time
Name
I GBP Inc
Bid price
47.95p
Offer price
47.95p
Absolute change
0.0014
Currency
GBP
Price time
15:00 UK time
Name
C GBP Acc
Bid price
48.44p
Offer price
48.44p
Absolute change
0.0015
Currency
GBP
Price time
15:00 UK time
Name
C GBP Inc
Bid price
47.95p
Offer price
47.95p
Absolute change
0.0014
Currency
GBP
Price time
15:00 UK time
Name
L GBP Acc
Bid price
48.48p
Offer price
48.48p
Absolute change
0.0015
Currency
GBP
Price time
15:00 UK time

Further details

Costs

Price basis
Dual
Initial charge
0.00%
Ongoing charges figure
0.27%
Bid / Offer spread
0.63%

Codes

ISIN
GB00BK6L3290
SEDOL
BK6L329
Bloomberg
LEGDIGA LN
MEX
LGAAXM

Dealing information

Valuation frequencyDaily, 3pm (UK time)
Dealing frequencyDaily
Settlement periodT+4

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 directly or indirectly in bonds which are issued by companies or governments. If these companies or governments experience financial difficulty, they may be unable to pay back some or all of the interest, original investment or other payments that they owe. If this happens, the value of the fund may fall.

By investing in other funds this fund indirectly holds bonds and property that are traded through agents, brokers or investment banks or directly between buyers and sellers. This makes them less easy to buy and sell than investments traded on an exchange. In exceptional circumstances the fund may not be able to sell its holdings in other funds and may defer withdrawals, or suspend dealing. The Directors can only delay paying out if it is in the interests of all investors and with the permission of the fund 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.

Investment returns on bonds are sensitive to trends in interest rate movements. Such changes will affect the value of your investment.

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.