Unit Trust (NURS non-complex)

Legal & General Multi-Index 4 Fund

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

Fund facts

Fund size
£1,309.5m
Base currency
GBP
Launch date
21 Aug 2013
Domicile
UK
Share class launch

Statistics

Historical yield
1.8%

As at 31 Jul 2020

Fund aim

The Fund’s objective is to provide a combination of growth and income and to keep the Fund within a pre-determined risk profile. The Fund’s potential gains and losses are likely to be limited by the objective to stay within its particular risk profile.

Benchmark

  • What does it invest in? Invests in a risk-profile targeted range of index tracker funds and individual investments including property. Typically has higher exposure to bonds than to company shares, relative to other funds in the Multi-Index Fund range with a higher risk profile.
  • How does it invest? Actively managed to stay within DT's risk profile 4, based on the historic performance of different asset types. The fund is part of a range of risk profiled funds which are rated on a scale of 1 (least risky) to 10 (most risky).

Fund updates

Performance

Source: Lipper

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 31 Jul 2020

    CumulativeFund
    1 month0.10
    6 months-1.46
    Year to date-0.83
    3 years10.43
    5 years27.35
    Since launch47.42
    AnnualisedFund
    1 year-0.26
    3 years3.36
    5 years4.95
    Since launch5.75

    As at 31 Mar 2020

    CumulativeFund
    Quarterly-10.01
    Year to date-10.01
    3 years1.66
    5 years14.11
    Since launch33.78
    AnnualisedFund
    1 year-3.95
    3 years0.55
    5 years2.67
    Since launch4.50
    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
    Fund5.179.752.735.892.08

    Calendar year performance (%)

    2015 2016 2017 2018 2019
    Fund2.6611.686.59-3.6412.83

    Monthly performance (%)

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund-0.263.364.955.75

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund-3.950.552.674.50

    Performance for the C Acc unit class in GBP, launched on 07 January 2014. 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 07 January 2014. 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 21 August 2013. 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 Inc unit class in GBP, launched on 21 August 2013. 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 21 August 2013. 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 21 August 2013. 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 unit class in GBP, launched on 07 June 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 unit class in GBP, launched on 07 June 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 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 Inc unit class in GBP, launched on 21 August 2013. 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 27 March 2017. 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 27 March 2017. 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 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 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.

    Portfolio

    As at 31 Jul 2020. All data source LGIM unless otherwise stated. Totals may not sum due to rounding.

    Asset allocation (%)

    Equities35.5
    Government Bonds12.4
    Credit and Emerging Market Debt39.3
    Alternatives6.3
    Cash6.5

    Equities (%)

    North America Equity10.1
    UK Equity8.9
    Europe ex UK Equity4.7
    Emerging Market Equity4.4
    Japan Equity3.2
    Asia Pacific ex Japan Equity2.4
    Small-cap Equity1.8

    Developed corporate bonds (%)

    Government bonds (%)

    Developed Market Government Bonds (ex UK) 6.7
    Global Inflation-Linked Bonds5.5
    Gilts0.3

    Developed government bonds (%)

    Credit and emerging market debt (%)

    UK Corporate Bonds15.1
    Global Corporate Bonds8.1
    Emerging Market Bonds (Hard Currency)5.2
    Global High Yield5.1
    Emerging Market Bonds (Local)3.4
    UK Short Duration Corporate Bonds2.5

    Alternatives (%)

    UK Property2.2
    Real Estate Investment Trusts1.7
    Listed Infrastructure1.4
    Commodities1.0

    UK (%)

    Europe ex UK (%)

    North America (%)

    Japan (%)

    Asia Pacific ex Japan (%)

    Emerging markets (%)

    Top 10 holdings65.3
    Rest of portfolio34.7

    Top 10 holdings (%)

    L&G Sterling Corporate Bond Index Fund15.1
    LGIM Global Corporate Bond Fund8.1
    L&G US Index Trust7.2
    Cash6.5
    L&G UK Index Trust6.0
    L&G Emerging Markets Government Bond (US$) Index Fund5.2
    L&G High Income Trust5.1
    L&G Global Inflation Linked Bond Index Fund4.5
    L&G European Index Trust4.2
    L&G Global Emerging Markets Index Fund3.5

    Energy (%)

    Grains (%)

    Industrial Metals (%)

    Precious Metals (%)

    Softs (%)

    Livestock (%)

    Fund Managers

    Justin is a fund manager in Multi-Asset Funds team, focusing on the management of the team's retail and risk-profiled multi-asset funds. Justin joined LGIM in 2013 from Aviva Investors' multi-asset team.

    Andrzej is a Fund Manager in the Multi-Asset Funds team with responsibilities covering the portfolio management and ongoing development of both institutional and retail multi-asset funds. Prior to joining LGIM in July 2014, he was a Fund Manager at Aviva Investors.

    Francis is a fund manager in the Multi-Asset Funds team and assists in the management of the multi-index funds. Francis joined LGIM in October 2016 from Aviva where he was a senior investment analyst.

    JustinOnuekwusi

    AndrzejPioch

    FrancisChua

    Literature

    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
    Bid price
    75.17p
    Offer price
    75.59p
    Absolute change
    0.0003
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    I GBP Inc
    Bid price
    65.99p
    Offer price
    66.36p
    Absolute change
    0.0002
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    R GBP Acc
    Bid price
    56.77p
    Offer price
    57.09p
    Absolute change
    0.0002
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    R GBP Inc
    Bid price
    53.73p
    Offer price
    54.02p
    Absolute change
    0.0002
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    F GBP Acc
    Bid price
    74.29p
    Offer price
    74.70p
    Absolute change
    0.0002
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    F GBP Inc
    Bid price
    67.11p
    Offer price
    67.48p
    Absolute change
    0.0002
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    C GBP Acc
    Bid price
    75.48p
    Offer price
    75.90p
    Absolute change
    0.0003
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    C GBP Inc
    Bid price
    65.96p
    Offer price
    66.33p
    Absolute change
    0.0002
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    J GBP Acc
    Bid price
    75.47p
    Offer price
    75.89p
    Absolute change
    0.0003
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    J GBP Dist
    Bid price
    65.97p
    Offer price
    66.34p
    Absolute change
    0.0002
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    L GBP Acc
    Bid price
    53.33p
    Offer price
    53.62p
    Absolute change
    0.0002
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    L GBP Inc
    Bid price
    66.69p
    Offer price
    67.06p
    Absolute change
    0.0002
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    GBP
    Bid price
    -
    Offer price
    -
    Absolute change
    -
    Currency
    GBP
    Price time
    15:00 UK time
    Name
    GBP
    Bid price
    -
    Offer price
    -
    Absolute change
    -
    Currency
    GBP
    Price time
    15:00 UK time

    Further details

    Costs

    Price basis
    Dual
    Initial charge
    0.00%
    Ongoing charges figure
    0.31%
    Bid / Offer spread
    0.57%

    Codes

    ISIN
    GB00B88Y0217
    SEDOL
    B88Y021
    Bloomberg
    LGMI4IA LN
    MEX
    LGNEXB

    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.

    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.

    Source: Bloomberg Index Services Limited. BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively “Bloomberg”). BARCLAYS® is a trademark and service mark of Barclays Bank Plc (collectively with its affiliates, “Barclays”), used under license. Bloomberg or Bloomberg’s licensors, including Barclays, own all proprietary rights in the Bloomberg Barclays Indices. Neither Bloomberg nor Barclays approves or endorses this material, or guarantees the accuracy or completeness of any information herein, or makes any warranty, express or implied, as to the results to be obtained therefrom and, to the maximum extent allowed by law, neither shall have any liability or responsibility for injury or damages arising in connection therewith.