L&G (N) Corporate Bond Pension
Latest (Mid) Price:
GBX 182.00
Day Change:
+0.22%
| Shares Class | Inc. |
|---|---|
| Yield | 3.60 |
| Total Expense Ratio | 1.00 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 23,497,452.00 | Launch Date | 18/11/2002 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | No | Annual Management Charge (%) | 0.00 |
| Sector | IMA UK Equity Income | Min Investment (£) | 20.00 | Total Expense Ratio (%) | 1.00 |
| ISIN | GB0032225442 | Min Topup (£) | 0.00 | Ongoing Charge (%) | 1.0000 (on 15/01/2015) |
Fund Objective
The objective of this fund is to provide a high income, and preserve capital over the long term. The fund will invest in bonds (a type of loan which pays interest). These bonds will have a pre-set rate of income (either set at a fixed level or varying in a pre-determined way). The bonds that the fund invests in will be almost entirely investment grade (rated as lower risk). Investment grade bonds are bonds that have achieved a minimum credit rating by a rating agency. Credit ratings give an indication of how likely it is that the issuer of a bond will be able to pay back interest and the loan on time. The bonds that the fund invests in may be issued by companies, governments or other public issuers worldwide. The fund may use derivatives (contracts which have a value linked to the price of another asset) for the following purposes: •To manage the effect of fluctuations in exchange rates with Sterling. •To help with efficient day to day management. •To reduce some of the risks of the market. The fund may also invest in cash or deposits. If you hold accumulation units, income from investments held by the fund (interest) will be reinvested into the value of your units. If you hold income units, income from investments held by the fund will be paid out to you (as interest). You can buy or sell units in this fund on any working day. You need to contact us with your instruction before 12 noon. This is the time we calculate unit prices for this fund. If you contact us after 12 noon, the units will be bought or sold at the next working day's price. This fund may not be appropriate for investors who plan to withdraw their money within five years.
Fund Managers
Legal & General (Unit Trust Managers) Ltd
Asset Breakdown
| Name | Weight |
|---|---|
| Cash & Cash Equivalents | 0.35% |
| Global Fixed Interest | 38.40% |
| Others | 0.40% |
| UK Corporate Fixed Interest | 60.60% |
| UK Gilts | 0.25% |
Region Breakdown
| Name | Weight |
|---|---|
| Australasia | 0.68% |
| Central & S America | 0.84% |
| Europe ex UK | 22.10% |
| European Emerging Markets | 0.17% |
| International | 3.18% |
| Japan | 0.20% |
| Money Market | 0.35% |
| North America | 11.04% |
| UK | 61.44% |
Sector Breakdown
| Name | Weight |
|---|---|
| Alternative Assets | 0.02% |
| Cash & Cash Equivalents | 0.35% |
| Fixed Interest | 1.28% |
| Government Bonds | 3.00% |
| High Yield Bond | 16.80% |
| Investment Grade Corporate Bon | 78.13% |
| Money Market | 0.02% |
| Others | 0.40% |
Top 10 Holdings
| Name | Weight |
|---|---|
| EUROPEAN INVESTMENT BANK 4.125 | 1.71% |
| BG ENERGY CAPITAL 6.5% CAP SEC | 1.62% |
| NGG FINANCE PLC 5.625% 18/06/7 | 1.44% |
| ELEC DE FRANCE 6 29/01/26 49PE | 1.23% |
| STANDARD CHARTERED 8.103% 2016 | 1.23% |
| JUNEAU INVESTMENTS LLC 5.9% NT | 1.20% |
| SEEBOARD PLC 6.375% 12/11/2031 | 1.10% |
| HEATHROW FUNDING LTD 6% BDS 20 | 1.06% |
| NWEN FINANCE PLC 5.875 21/06/2 | 1.05% |
| ELECTRICITE DE FRANCE 6.250% 3 | 1.04% |
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
