Unit Trust (UCITS compliant)

Legal & General Global Infrastructure Index Fund

Fund facts

Fund size
£463.2m
Base currency
GBP
Launch date
9 Apr 2018
Domicile
UK
Share class launch

Statistics

Historical yield
2.7%

As at 31 Aug 2020

Fund aim

The objective of the Fund is to provide a combination of growth and income by tracking the performance of the FTSE Global Core Infrastructure Index (the “Index”). This objective is after the deduction of charges and taxation.

Benchmark

FTSE Global Core Infrastructure Index

  • What does it invest in? Invests in a wide range of listed infrastructure companies including transportation, energy and telecommunications companies.
  • How does it invest? Passively managed, aiming to replicate the performance of the Index.

Performance

Source: Lipper

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 31 Aug 2020

    CumulativeFundBenchmark
    1 month-0.09-1.21
    6 months-3.21-5.45
    Year to date-7.17-7.60
    3 years--
    5 years--
    Since launch26.8027.83
    AnnualisedFundBenchmark
    1 year-9.87-10.19
    3 years--
    5 years--
    Since launch10.4110.78

    As at 30 Jun 2020

    CumulativeFundBenchmark
    Quarterly8.199.27
    Year to date-4.80-4.14
    3 years--
    5 years--
    Since launch30.0432.62
    AnnualisedFundBenchmark
    1 year-2.70-1.74
    3 years--
    5 years--
    Since launch12.5213.51
    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

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

    12 months to 30 June 2016 2017 2018 2019 2020
    Fund---20.05-2.71
    Benchmark---21.17-1.75

    Calendar year performance (%)

    2015 2016 2017 2018 2019
    Fund----20.86
    Benchmark----21.39

    Monthly performance (%)

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund-9.87--10.41
    Benchmark-10.19--10.78

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund-2.70--12.52
    Benchmark-1.74--13.51

    Performance for the C Acc unit class in GBP, launched on 09 April 2018. 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. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.

    Past performance is not a guide to the future.

    Performance for the C Inc unit class in GBP, launched on 09 April 2018. 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. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.

    Past performance is not a guide to the future.

    Performance for the I Acc unit class in GBP, launched on 09 April 2018. 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. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.

    Past performance is not a guide to the future.

    Performance for the I Inc unit class in GBP, launched on 09 April 2018. 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. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.

    Past performance is not a guide to the future.

    Performance for the L Acc unit class in GBP, launched on 09 April 2018. 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. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.

    Past performance is not a guide to the future.

    Performance for the L Inc unit class in GBP, launched on 09 April 2018. 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. Please note, the benchmark is priced at the close whereas the fund is priced earlier. This can lead to artificially high tracking difference. Please see the fact sheet for gross tracking difference with both fund and index on a closed-price basis.

    Past performance is not a guide to the future.

    Portfolio

    As at 31 Aug 2020. All data source LGIM unless otherwise stated. Totals may not sum due to rounding. In order to minimise transaction costs, the Fund will not always own all the assets that constitute the index and on occasion it will own assets that are not in the index.

    Sector (%)

    Utilities50.4
    Industrials23.3
    Oil & Gas11.2
    Financials9.8
    Consumer Services3.3
    Telecommunications1.4
    Technology0.4
    Consumer Goods0.1
    Other0.1

    Market capitalisation (%)

    Large73.6
    Mid21.6
    Small4.7
    Top 10 holdings37.6
    Rest of portfolio62.5
    No. of holdings in fund231
    No. of holdings in index247

    Top 10 holdings (%)

    Nextera Energy Inc6.2
    Union Pacific Corp6.0
    American Tower Corp5.0
    Canadian Natl Railway Co3.5
    Crown Castle Intl Corp3.1
    Enbridge Inc3.1
    Dominion Energy Inc3.0
    Duke Energy Corp2.7
    CSX Corp2.7
    Southern Co2.5

    Country (%)

    United States62.1
    Canada13.0
    Japan5.3
    United Kingdom2.7
    Australia2.6
    Spain2.4
    Hong Kong2.3
    China1.8
    Italy1.7
    Other6.1

    Management Team

    The Index Fund Management team comprises 25 fund managers, supported by two analysts. Management oversight is provided by the Global Head of Index Funds. The team has average industry experience of 15 years, of which seven years has been at LGIM, and is focused on achieving the equally important objectives of close tracking and maximising returns.

    LGIMIndex Fund Management Team

    Literature

    Income

    Latest dividends

    of

    Dividend history

    Total dividends paid in each financial year of the fund.

    Prices

    Name
    I GBP Acc
    Bid price
    65.04p
    Offer price
    65.04p
    Absolute change
    -0.0041
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    I GBP Inc
    Bid price
    60.98p
    Offer price
    60.98p
    Absolute change
    -0.0038
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    C GBP Acc
    Bid price
    65.17p
    Offer price
    65.17p
    Absolute change
    -0.0041
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    C GBP Inc
    Bid price
    60.96p
    Offer price
    60.96p
    Absolute change
    -0.0038
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    L GBP Acc
    Bid price
    65.39p
    Offer price
    65.39p
    Absolute change
    -0.0041
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    L GBP Inc
    Bid price
    60.98p
    Offer price
    60.98p
    Absolute change
    -0.0038
    Currency
    GBP
    Price time
    15:00 UK time

    Further details

    Costs

    Price basis
    Full swing
    Initial charge
    0.00%
    Ongoing charges figure
    0.30%
    Bid / Offer spread
    0.18%

    Codes

    ISIN
    GB00BF0TZG22
    SEDOL
    BF0TZG2
    Bloomberg
    LGGIIIA LN
    MEX
    LGFWA

    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.

    Most of the fund holds investments from a particular market sector, that of companies within the infrastructure industry. Funds like this can be more volatile than funds that invest across many market sectors. This is because the value of the fund can go up and down more often and by larger amounts than funds that are spread more widely, especially in the short term.

    This fund invests in countries where investment markets are considered to be less developed. This means that investments are generally riskier than those in developed markets because they: may not be as well regulated; may be more difficult to buy and sell; may have less reliable arrangements for the safekeeping of investments; or may be more exposed to political and taxation uncertainties. The value of the fund can go up or down more often and by larger amounts than funds that invest in developed countries, especially in the short term.

    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.

    We may take some or all of the ongoing charges from the fund's capital rather than the fund's income. This increases the amount of income, but it reduces the growth potential and may lead to a fall in the value of the fund.

    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.

    Index disclaimer

    Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2020. 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.