L&G Global Macro Themes I Acc
Latest (Mid) Price:
GBX 58.06
Day Change:
0.00%
| Shares Class | Inc. |
|---|---|
| Yield | 0.00 |
| Total Expense Ratio | 0.79 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 219,650,000.00 | Launch Date | 10/11/2008 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | Yes | Annual Management Charge (%) | 0.75 |
| Sector | IMA UK Equity Income | Min Investment (£) | 1,000,000.00 | Total Expense Ratio (%) | 0.79 |
| ISIN | GB00B3DPDF84 | Min Topup (£) | 0.00 | Ongoing Charge (%) | 0.7900 (on 25/02/2014) |
Fund Objective
The objective of this fund is to provide a combination of growth and income into the fund in all market conditions over any three year period. The fund will achieve returns by investing strategically in a limited number of global economic themes, based on forecasts and analysis of a broad range of global economic indicators. The fund may experience significant volatility due to the nature of the investment strategy. The fund will invest between 50% and 100% in derivatives (contracts which have a value linked to the price of another asset). These derivatives may be linked to all types of asset including company shares, bonds (a type of loan which pays interest), currencies, commercial property and commodities. At times the fund may be fully invested in derivatives or cash. The fund may invest in any geographic or economic sector anywhere in the world. The fund may use derivatives for the following purposes: To enhance the performance of the fund. This may include using derivatives to create the effect of a short sale. Short selling is used where a fund manager believes that the asset is currently overvalued in the market.to help with efficient day to day management, to reduce some of the risks of the market. The fund may also have a direct holding in company shares, bonds, other authorised investment funds, cash and deposits.
Fund Managers
David North
David North is a Director of Legal & General Investment Management and Head of the Asset Allocation and High Yield teams. He is also the lead portfolio manager for Distribution Bonds. He joined Legal & General in 2000 and has 25 years' fixed income investment management experience. David graduated from Fitzwilliam College, Cambridge University in 1984.
Asset Breakdown
Region Breakdown
Sector Breakdown
Top 10 Holdings
| Name | Weight |
|---|---|
| EUROPEAN INVESTMENT BANK FRN 1 | 13.93% |
| TREASURY 2.75% GILT 22/01/15 G | 11.64% |
| TREASURY 5% GILT 07/09/2014 GB | 9.34% |
| TREASURY 0% TSY BILL 03/03/14 | 9.13% |
| TREASURY 0% TSY BILL 10/03/14 | 9.13% |
| TREASURY 0% TSY BILL 24/03/14 | 9.12% |
| TREASURY 0% TSY BILL 31/03/14 | 9.12% |
| TREASURY 4.75% GILT 07/09/15 G | 7.28% |
| TREASURY 0% TSY BILL 06/05/14 | 4.56% |
| TREASURY 0% TSY BILL 17/03/14 | 4.56% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.
Fund data supplied by
