Unit Trust (NURS non-complex)

Legal & General Diversified Fund

I-Class GBP AccumulationI-Class GBP IncomeC-Class GBP AccumulationC-Class GBP Income
ISIN
Price52.06p
As at18 May 2022
Price49.95p
As at18 May 2022
Price52.15p
As at18 May 2022
Price49.96p
As at18 May 2022
Price52.30p
As at18 May 2022

Given current market events we have now populated Fund Centre with Fund exposures to assets with “country of risk*” as either Russia, Ukraine, or Belarus, or exposures to Russian Rouble currency. Please see the exposures below for further information.

*Sourced from Bloomberg

Fund facts

Fund size
£13.5m
Base currency
GBP
Launch date
20 Feb 2020
Domicile
UK
Share class launch

Statistics

Underlying yield
2.2%

As at 31 Mar 2022

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

Russia exposure

23 Feb 2022
0.78%
31 Mar 2022
0.03%

Belarus exposure

23 Feb 2022
0.00%
31 Mar 2022
0.00%

Ukraine exposure

23 Feb 2022
0.41%
31 Mar 2022
0.27%

As at 31 Mar 2022

These numbers give indicative Fund exposures to assets with “country of risk” sourced from Bloomberg as either Russia, Ukraine, or Belarus, or exposures to Russian Rouble currency. These exposures do not give an indication of the relative exposures versus the benchmark. The figures are based on early price estimated data so may differ from the fully verified month end NAV exposure. Where the holding is “indirect” (for example held in a sub-fund), best efforts have been made to ensure that exposure to the sub-fund(s) is on a consistent basis. As at dates have been chosen to reflect exposure both before and after the significant recent falls in values of impacted assets.

Exposures are presented to two decimal places, exposures may be rounded to 0 if less than 0.05%.

Performance

Source: Lipper

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 31 Mar 2022

    CumulativeFundBenchmark
    1 month1.890.36
    6 months-0.201.98
    Year to date-2.531.03
    3 years--
    5 years--
    Since launch7.808.69
    AnnualisedFundBenchmark
    1 year5.213.92
    3 years--
    5 years--
    Since launch3.624.03

    Benchmark: Bank of England Base Rate + 3.75%

    Share class launch date: 20 Feb 2020

    Benchmark: Bank of England Base Rate + 3.75%

    Share class launch date: 20 Feb 2020

    Benchmark: Bank of England Base Rate + 3.75%

    Share class launch date: 20 Feb 2020

    Benchmark: Bank of England Base Rate + 3.75%

    Share class launch date: 20 Feb 2020

    Benchmark: Bank of England Base Rate + 3.75%

    Share class launch date: 20 Feb 2020

    As at 31 Mar 2022

    CumulativeFundBenchmark
    Quarterly-2.531.03
    Year to date-2.531.03
    3 years--
    5 years--
    Since launch7.808.69
    AnnualisedFundBenchmark
    1 year5.213.92
    3 years--
    5 years--
    Since launch3.624.03

    Benchmark: Bank of England Base Rate + 3.75%

    Share class launch date: 20 Feb 2020

    Benchmark: Bank of England Base Rate + 3.75%

    Share class launch date: 20 Feb 2020

    Benchmark: Bank of England Base Rate + 3.75%

    Share class launch date: 20 Feb 2020

    Benchmark: Bank of England Base Rate + 3.75%

    Share class launch date: 20 Feb 2020

    Benchmark: Bank of England Base Rate + 3.75%

    Share class launch date: 20 Feb 2020

    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

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

    12 months to 31 March 2018 2019 2020 2021 2022
    Fund---19.955.21
    Benchmark---3.853.92

    Data as at 31.03.2022

    Calendar year performance (%)

    2017 2018 2019 2020 2021
    Fund----8.54
    Benchmark----3.85

    Data as at 31.03.2022

    Monthly performance (%)

     

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund5.21--3.62
    Benchmark3.92--4.03

    Data as at 31.03.2022

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund5.21--3.62
    Benchmark3.92--4.03

    Data as at 31.03.2022

    Performance for the C Acc unit class in GBP, launched on 20 February 2020. Source: Lipper. Performance assumes all fund charges have been taken and that all income generated by the investments, after deduction of tax, remains in the fund.

    Past performance is not a guide to the future.

    Performance for the C Inc unit class in GBP, launched on 20 February 2020. Source: Lipper. Performance assumes all fund charges have been taken and that all income generated by the investments, after deduction of tax, remains in the fund.

    Past performance is not a guide to the future.

    Performance for the I Acc unit class in GBP, launched on 20 February 2020. Source: Lipper. Performance assumes all fund charges have been taken and that all income generated by the investments, after deduction of tax, remains in the fund.

    Past performance is not a guide to the future.

    Performance for the I Inc unit class in GBP, launched on 20 February 2020. Source: Lipper. Performance assumes all fund charges have been taken and that all income generated by the investments, after deduction of tax, remains in the fund.

    Past performance is not a guide to the future.

    Performance for the L Acc unit class in GBP, launched on 20 February 2020. Source: Lipper. Performance assumes all fund charges have been taken and that all income generated by the investments, after deduction of tax, remains in the fund.

    Past performance is not a guide to the future.

    Portfolio

    As at 31 Mar 2022. All data source LGIM unless otherwise stated. Totals may not sum due to rounding.

    Asset allocation (%)

    Equities34.4
    Government Bonds8.1
    Credit and Emerging Market Debt31.2
    Alternatives22.5
    Cash3.7

    Equities (%)

    Emerging Market Equity7.5
    Europe ex UK Equity6.1
    North America Equity5.7
    Japan Equity4.8
    Small-cap Equity3.9
    UK Equity3.8
    Asia Pacific ex Japan Equity2.7

    Developed corporate bonds (%)

    Government bonds (%)

    Developed Market Government Bonds (ex UK) 5.1
    Global Inflation-Linked Bonds3.0

    Developed government bonds (%)

    Credit and emerging market debt (%)

    Global Corporate Bonds10.6
    Emerging Market Bonds (Local)6.6
    Global High Yield5.8
    UK Corporate Bonds5.5
    Emerging Market Bonds (Hard Currency)2.7

    Alternatives (%)

    Real Estate Investment Trusts5.5
    UK Property5.5
    Listed Infrastructure5.5
    Commodities2.6
    Listed Private Equity2.1
    Listed Timberland1.3

    UK (%)

    Europe ex UK (%)

    North America (%)

    Japan (%)

    Asia Pacific ex Japan (%)

    Emerging markets (%)

    Top 10 holdings49.5
    Rest of portfolio50.5

    Top 10 holdings (%)

    L&G Emerging Markets Government Bond (Local Currency) Index Fund6.4
    L&G ESG USD Corp ETF (GBP)6.0
    L&G Active Global High Yield Bond Fund5.8
    L&G UK Property Fund5.5
    L&G Japan Equity UCITS ETF4.8
    L&G Global Real Estate Dividend Index Fund4.7
    LGIM Global Corporate Bond Fund4.6
    L&G US Equity UCITS ETF4.4
    L&G ESG GBP Corp ETF4.0
    L&G EUR Liquidity3.3

    Energy (%)

    Grains (%)

    Industrial Metals (%)

    Precious Metals (%)

    Softs (%)

    Livestock (%)

    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

    Literature

    Key literature

    Fact sheet
    31 Mar 2022
    Fact sheet
    31 Mar 2022
    KIID
    06 May 2022
    KIID
    06 May 2022
    KIID
    06 May 2022
    KIID
    06 May 2022
    KIID
    06 May 2022
    Prospectus
    08 Apr 2022
    Value assessment
    29 Apr 2022

    Fact sheets

    2022Change date
    Fact sheet
    Choose share class

    Legal documents

    KIID
    06 May 2022
    KIID
    06 May 2022
    KIID
    06 May 2022
    KIID
    06 May 2022
    KIID
    06 May 2022
    UK EMT costs and charges
    16 Mar 2022
    European EMT costs and charges
    16 Mar 2022
    Prospectus
    08 Apr 2022
    Value assessment
    29 Apr 2022

    ESG reports

    2021Change date
    ESG report
    31 Dec 2021
    ESG report
    30 Sep 2021
    ESG report
    30 Jun 2021

    Reports and accounts

    2022Change date
    Long report - interim
    15 Feb 2022
    Long report - interim
    15 Feb 2020
    Long report - annual
    15 Aug 2021
    Long report - annual
    15 Aug 2020

    Income

    Latest dividends

    The latest dividends are shown below. The historic level of income generated by this fund may go down as well up and will vary over time.

    of

      Dividend history

      Total dividends paid in each financial year of the fund.

      Prices

      Name
      I GBP Acc
      Price
      52.06p
      Change (%)
      0.23
      Currency
      GBP
      Price time
      15:00 UK time
      Name
      I GBP Inc
      Price
      49.95p
      Change (%)
      0.22
      Currency
      GBP
      Price time
      15:00 UK time
      Name
      C GBP Acc
      Price
      52.15p
      Change (%)
      0.23
      Currency
      GBP
      Price time
      15:00 UK time
      Name
      C GBP Inc
      Price
      49.96p
      Change (%)
      0.22
      Currency
      GBP
      Price time
      15:00 UK time
      Name
      L GBP Acc
      Price
      52.30p
      Change (%)
      0.23
      Currency
      GBP
      Price time
      15:00 UK time

      A single swing price is displayed from 1st December 2020. Prior to this date, Bid and Offer prices are displayed for those funds that were previously dual priced.

      Further details

      Costs

      Price basis
      Single swing
      Initial charge
      0.00%
      Ongoing charges figure
      0.28%
      Dilution adjustment
      0.45%- round trip

      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
      10 Rue du Château d'Eau
      L-3364 Leudelange
      Grand-Duché de Luxembourg
      Facsimile: +352 28 294 454
      Telephone: +352 28 294 123
      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 Legal & General Investment Management Limited as promoter and distributor for this fund in the UK.

      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.

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