Unit Trust (UCITS compliant)

Legal & General Future World Sustainable Global Equity Focus Fund

Fund facts

Fund size
£21.8m
Base currency
GBP
Launch date
13 Dec 2021
Domicile
UK
Share class launch

Statistics

As at 30 Jun 2022

Fund aim

The objective of the Fund is to achieve a total return in excess of the MSCI World Net Total Return Index (the “Benchmark Index”), after the deduction of charges and measured over rolling 3-5 year periods.

Benchmark

MSCI World Net Total Return Index

  • What does it invest in? the Fund invests predominantly in shares of companies globally, including emerging markets, across a variety of sectors. The fund invests 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 also fully integrates environmental, social and governance (ESG) assessment and active engagement, where responsible investing and active ownership/stewardship represent core investment pillars. All investments held by the Fund contribute to one or more of the UN Sustainable Development Goals ‘UN SDGs’).

Fund updates

Portfolio

As at 30 Jun 2022. All data source LGIM unless otherwise stated. Totals may not sum due to rounding.

Market capitalisation (%)

Large87.0
Mid10.7
Small2.3
Top 10 holdings49.7
Rest of portfolio50.3
No. of holdings40

Top 10 holdings (%)

Microsoft6.9
Novo Nordisk B5.1
Mastercard A5.1
Alphabet A4.9
S&P Global4.9
Nestle4.8
Mondelez International A4.7
Thermo Fisher Scientific4.6
AIA Group4.6
McDonald's4.1

Country (%)

United States70.9
Denmark6.0
Switzerland4.8
Hong Kong4.6
Netherlands2.9
Italy2.4
France2.4
United Kingdom2.3
Germany1.8
Other1.8

Top sector over/underweights (%)

FundRelative
Information Technology24.83.8
Health Care17.73.5
Consumer Discretionary13.63.1
Financials15.31.8
Consumer Staples9.51.7
Communication Services7.4-0.2
Real Estate0.0-2.9
Utilities0.0-3.2
Materials0.0-4.3
Energy0.0-5.0

Top stock over/underweights (%)

FundRelative
Novo Nordisk5.14.7
S&P Global4.94.6
Mondelez International4.74.5
Mastercard5.14.5
AIA Group4.64.3
Meta Platforms0.0-0.8
Johnson & Johnson0.0-1.0
Tesla0.0-1.2
Amazon.com0.0-2.0
Apple0.0-4.4

Fund Manager

Nitin joined LGIM in 2021 and has been a global equities investor for more than two decades. He was previously at USS Investment Management since 2018, initially as part of the US Equities team and since 2020 as part of the Global Emerging Markets team. Prior to USS, Nitin spent eight years as a Global Equities Portfolio Manager at Seven Pillars Capital Management. Nitin started his buy-side career at MFS Investment Management covering various European/Global sectors as an analyst. Previously Nitin was a sell-side analyst and Head of Research at Jardine Fleming (now JP Morgan) in India. Nitin has a Masters in Finance degree from London Business School and a Management Studies degree from Mumbai University.

NitinAnandkar

Literature

Prices

Name
I GBP Acc
Price
45.08p
Change (%)
-0.2
Currency
GBP
Price time
15:00 UK time
Name
I GBP Dist
Price
44.97p
Change (%)
-0.22
Currency
GBP
Price time
15:00 UK time
Name
C GBP Acc
Price
45.11p
Change (%)
-0.2
Currency
GBP
Price time
15:00 UK time
Name
C GBP Dist
Price
44.98p
Change (%)
-0.22
Currency
GBP
Price time
15:00 UK time
Name
L GBP Acc
Price
45.23p
Change (%)
-0.2
Currency
GBP
Price time
15:00 UK time

Further details

Costs

Price basis
Single swing
Initial charge
0.00%
Ongoing charges figure
0.55%
Dilution adjustment
0.14%- round trip

Codes

ISIN
GB00BLPPF560
SEDOL
BLPPF56
Bloomberg
LEGEFII LN
MEX
LGABBT

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 in smaller companies. Investments in smaller companies tend to be riskier than investments in larger companies because they can: be harder to buy and sell; or go up and down in value more often and by larger amounts, especially in the short term. In times of market uncertainty or if an exceptional amount of withdrawals are requested it may become less easy for your fund to sell investments and the Manager may defer withdrawals, or suspend dealing. The Manager can only delay paying out if it is in the interests of all investors and with the permission of the fund trustee or 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.

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.

Index disclaimer

The funds shall or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The Prospectus contains a more detailed description of the limited relationship MSCI has with Legal & General Investment Management Limited and its affiliates and any related funds.