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
Important note: Effective from 15 February 2022, the Fund name has changed to the Legal & General Future World Sustainable UK Equity Fund. Other changes have also been made to the objective and policy of the Fund. For further information please contact the Manager, Monday to Friday between 8.30am to 5.00pm on 0370 050 0955 or by email at [email protected].
Fund facts
Fund size
£401.3m
Base currency
GBP
Launch date
2 Jan 1996
Domicile
UK
Share class launch
Statistics
Historical yield
0.1%
As at 30 Apr 2022
Fund aim
The objective of the Fund is to provide growth in excess of the FTSE All Share TR Net Index, (the “Benchmark Index”). The Fund aims to outperform the Benchmark Index by 2% per annum, before the deduction of charges and measured over rolling three year periods.
Benchmark
FTSE All Share TR Net Index
Fund snapshot
- What does it invest in? Invests at least 90% in shares of UK companies. The proportion of the fund invested in a company can vary between -10% and +5% of the weighting of that company in the Index.
- How does it invest? Actively managed, with holdings in between 30 and 60 companies on average over a typical market cycle of 3-5 years, which means the fund may be concentrated at times.
Russia exposure
23 Feb 2022
0.00%
29 Apr 2022
0.00%
Ukraine exposure
23 Feb 2022
0.00%
29 Apr 2022
0.00%
As at 29 Apr 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. 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%.
These exposures do not give an indication of the relative exposures versus the benchmark. With regard to index-based strategies, LGIM has a duty to track the relevant index to ensure clients receive exposure as set out in the relevant investment objective. Following the imposition of sanctions and assets being removed from indices the market was effectively frozen for foreign investors and all equity positions have been marked to zero in line with LGIM’s fair value pricing policy. Regardless of being priced at zero LGIM funds still own these securities and any value realised in the future will be for the sole benefit of the relevant fund. LGIM will seek to divest from such securities at such a time that market conditions allow consistent with our fiduciary duties and applicable sanctions.
Performance
Source: Lipper
Performance (%)
Performance summary (%)
As at 30 Apr 2022
| Cumulative | Fund | Benchmark |
| 1 month | -4.41 | 0.30 |
| 6 months | -21.83 | 3.13 |
| Year to date | -20.71 | 0.78 |
| 3 years | -8.55 | 13.95 |
| 5 years | -3.84 | 26.37 |
| Since launch | - | - |
| Annualised | Fund | Benchmark |
| 1 year | -18.54 | 8.68 |
| 3 years | -2.93 | 4.45 |
| 5 years | -0.78 | 4.79 |
| Since launch | - | - |
As at 31 Mar 2022
| Cumulative | Fund | Benchmark |
| Quarterly | -17.05 | 0.48 |
| Year to date | -17.05 | 0.48 |
| 3 years | 2.21 | 16.65 |
| 5 years | 0.28 | 25.52 |
| Since launch | - | - |
| Annualised | Fund | Benchmark |
| 1 year | -10.52 | 12.98 |
| 3 years | 0.73 | 5.26 |
| 5 years | 0.06 | 4.65 |
| Since launch | - | - |
Rolling 12-month performance to last quarter end (%)
| 12 months to 31 March | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Fund | -0.46 | -1.44 | -24.93 | 52.16 | -10.52 |
| Benchmark | 1.21 | 6.31 | -18.49 | 26.67 | 12.98 |
Calendar year performance (%)
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Fund | 9.40 | -14.87 | 24.74 | -3.11 | 12.51 |
| Benchmark | 13.06 | -9.51 | 19.11 | -9.85 | 18.27 |
Monthly performance (%)
Annualised performance (%)
| 1 year | 3 years | 5 years | Since launch | |
|---|---|---|---|---|
| Fund | -18.54 | -2.93 | -0.78 | - |
| Benchmark | 8.68 | 4.45 | 4.79 | - |
Annualised performance (%)
| 1 year | 3 years | 5 years | Since launch | |
|---|---|---|---|---|
| Fund | -10.52 | 0.73 | 0.06 | - |
| Benchmark | 12.98 | 5.26 | 4.65 | - |
Performance for the A Acc unit class in GBP, launched on 02 January 1996. 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 F Acc unit class in GBP, launched on 20 December 2012. 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 31 October 2012. 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 31 October 2012. 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 25 April 2019. 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 . 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 Inc unit class in GBP, launched on 21 March 2022. 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 R Acc unit class in GBP, launched on 26 August 2005. 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 R Inc unit class in GBP, launched on 21 March 2022. 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 30 Apr 2022. All data source LGIM unless otherwise stated. Totals may not sum due to rounding.
Sector (%)
| Industrials | 25.9 | |
| Consumer Staples | 13.5 | |
| Financials | 10.4 | |
| Health Care | 9.7 | |
| Technology | 9.2 | |
| Consumer Discretionary | 8.7 | |
| Real Estate | 6.5 | |
| Basic Materials | 6.2 | |
| Unclassified | 5.7 | |
| Other | 4.2 |
Market capitalisation (%)
| Large | 46.7 | |
| Mid | 48.9 | |
| Small | 1.3 | |
| Micro | - | |
| Cash and Equivalents | 3.1 |
| Top 10 holdings | 31.3 | |
| Rest of portfolio | 68.7 |
| No. of holdings | 48 |
Top 10 holdings (%)
| AstraZeneca | 6.8 |
| Croda International | 3.2 |
| Sage Group | 2.8 |
| Unilever | 2.8 |
| Ashtead Group | 2.8 |
| Experian | 2.8 |
| Spirax-Sarco Engineering | 2.7 |
| 3I Group | 2.6 |
| Rentokil Initial | 2.5 |
| St. James's Place | 2.4 |
Country (%)
| United Kingdom | 100.0 |
Fund Manager
Gavin joined LGIM in 2007 and has been the Fund Manager for the Future World Sustainable UK Equity Fund since June 2018. Previously, he was a Global Equities Analyst at BlueBay Asset Management. Gavin spent the majority of his buy-side career as a Portfolio Manager with UBS O’Connor. Prior to this, he was a top-rated, sell-side analyst covering the Autos, Capital Goods and Conglomerates sectors at investment banks including SG Warburg (now part of UBS) and Goldman Sachs. Gavin holds a degree in Philosophy and Economics from University College, London.
GavinLaunder
Please note that effective 7 June 2018 the fund changed its investment manager from Schroders Investment Management Limited to Legal and General Investment Management Limited. The fund manager also changed from Alex Breese to Gavin Launder.
Literature
Fact sheets
2022Change date
ESG reports
2022Change date
Reports and accounts
2022Change date
Long report - annual
30 Sep 2021Long report - annual
30 Sep 2020Long report - annual
30 Sep 2019Long report - annual
30 Sep 2018Long report - annual
30 Sep 2017Short report - annual
30 Sep 2018Short report - annual
30 Sep 2017Long report - interim
31 Mar 2022Long report - interim
31 Mar 2021Long report - interim
31 Mar 2020Long report - interim
31 Mar 2019Long report - interim
31 Mar 2018Long report - interim
31 Mar 2017Short report - interim
31 Mar 2019Short report - interim
31 Mar 2018Short report - interim
31 Mar 2017Fund updates
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
Total dividends paid in each financial year of the fund.
Prices
Name
I GBP Acc
Price
313.30p
Change (%)
1.62
Currency
GBP
Price time
12:00 UK time
Name
I GBP Inc
Price
251.20p
Change (%)
1.62
Currency
GBP
Price time
12:00 UK time
Name
R GBP Acc
Price
290.60p
Change (%)
1.64
Currency
GBP
Price time
12:00 UK time
Name
R GBP Inc
Price
43.41p
Change (%)
1.62
Currency
GBP
Price time
12:00 UK time
Name
A GBP Acc
Price
292.50p
Change (%)
1.63
Currency
GBP
Price time
12:00 UK time
Name
L GBP Acc
Price
42.63p
Change (%)
1.62
Currency
GBP
Price time
12:00 UK time
Name
L GBP Inc
Price
43.54p
Change (%)
1.61
Currency
GBP
Price time
12:00 UK time
Further details
Costs
Price basis
Single swing
Initial charge
0.00%
Ongoing charges figure
0.78%
Dilution adjustment
0.94%- round trip
Codes
ISIN
GB00B8F72V68
SEDOL
B8F72V6
Bloomberg
LGUSEIA LN
MEX
LGQESK
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:
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 return from this fund is dependent on relatively few individual investments. This means that a fall in the value of an individual investment can have a major impact on the overall performance of the fund.
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
Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2022. FTSE Russell is a trading name of certain of the LSE Group companies. “FTSE®” is a trade mark of the relevant LSE Group companies and is used by any other LSE Group company under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.
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