L&G European Absolute I
Latest (Mid) Price:
GBX 50.62
Day Change:
-0.04%
| Shares Class | Inc. |
|---|---|
| Yield | 0.00 |
| Total Expense Ratio | 0.82 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 26,500,000.00 | Launch Date | 22/02/2010 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | No | Annual Management Charge (%) | 0.75 |
| Sector | IMA UK Equity Income | Min Investment (£) | 100,000.00 | Total Expense Ratio (%) | 0.82 |
| ISIN | GB00B5MRCP21 | Min Topup (£) | 0.00 |
Fund Objective
To achieve a positive absolute return in all market conditions on an annual basis principally by investing in equity related derivatives and by gaining exposure (either directly or indirectly) to equities predominantly incorporated or listed in the European Economic Area and Switzerland.
Fund Managers
Gavin Launder
Gavin joined Legal & General Investment Management (LGIM) in 2007 and is a Senior Portfolio Manager within the European Equity Team. He previously managed equity funds at UBS O’Connor, Callidus Capital Partners and BlueBay Asset Management.
Asset Breakdown
Region Breakdown
| Name | Weight |
|---|---|
| Belgium | 0.00% |
| Denmark | 7.38% |
| Finland | 4.22% |
| France | 0.68% |
| Germany | 15.09% |
| Italy | 0.00% |
| Luxembourg | 1.97% |
| Netherlands | 6.72% |
| Norway | 2.67% |
| Others | 0.00% |
| Spain | 3.81% |
| Sweden | 0.00% |
| Switzerland | 4.08% |
Sector Breakdown
| Name | Weight |
|---|---|
| Basic Materials | 7.36% |
| Consumer Goods | 5.41% |
| Consumer Services | 6.91% |
| Financials | 6.64% |
| Futures | 0.00% |
| Health Care | 3.62% |
| Industrials | 0.00% |
| Oil & Gas | 0.00% |
| Technology | 14.22% |
Top 10 Holdings
| Name | Weight |
|---|---|
| KABEL DEUTSCHLAND HLDG AG | 4.56% |
| ELECTROLUX AB | 4.41% |
| KUKA AG | 4.32% |
| SWATCH GROUP | 4.08% |
| INGENICO | 3.96% |
| VOLKSWAGEN AG | 3.95% |
| INTERNATIONAL CONSOLIDATED AIR | 3.81% |
| DANSKE BANK A/S | 3.76% |
| OUTOKUMPU OYJ | 3.76% |
| ASML HOLDING NV | 3.66% |
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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