L&G UK Absolute I Acc
Latest (Mid) Price:
GBX 66.35
Day Change:
0.00%
| Shares Class | Inc. |
|---|---|
| Yield | 0.00 |
| Total Expense Ratio | 0.97 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 88,350,000.00 | Launch Date | 22/02/2010 | 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 (%) | 0.97 |
| ISIN | GB00B5B39X81 | Min Topup (£) | 0.00 | Ongoing Charge (%) | 0.8700 (on 28/04/2014) |
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 one year period. The fund will invest between 80% and 100% in UK company shares and/or derivatives which are linked to UK company shares. Derivatives are contracts which have a value linked to the price of another asset. From time to time the fund may hold European shares. At times the fund may be fully invested in derivatives. 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 shares are 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 invest in other authorised investment funds and cash.
Fund Managers
Guy Rushton
Guy is a fund manager on the UK Equity desk and is responsible for the analysis of the support services and general financials sectors. Prior to joining LGIM in July 2008, Guy worked as a health care equity analyst at Clear Capital. Guy graduated from the University of Cambridge in 2005 with an MA degree in Medical Sciences. He has completed the CFA examinations.
Asset Breakdown
Region Breakdown
Sector Breakdown
Top 10 Holdings
| Name | Weight |
|---|---|
| TELECOM PLUS | 7.97% |
| VECTURA GROUP | 6.31% |
| INTERNATIONAL CONSOLIDATED AIR | 4.12% |
| BETFAIR GROUP PLC | 4.09% |
| OCADO GROUP PLC | 4.06% |
| IP GROUP | 3.64% |
| HOWDEN JOINERY GROUP PLC | 3.40% |
| BOOKER GROUP PLC | 3.31% |
| SMART METERING SYSTEMS PLC | 3.29% |
| RANDGOLD RESOURCES | 3.27% |
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.
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