MoneyAM Fund Centre

Quick Stats

Fund Objective

The objective of this fund is to provide a combination of income and capital growth and to keep the fund within a pre-determined risk profile. While this will be the Fund’s focus, it will have a bias towards investments that pay a higher income. The fund’s potential gains and losses are likely to be limited by the objective to stay within its particular risk profile.The target risk profile for the fund is set by an external agency, Distribution Technology, and is based on the historic return and volatility of different asset types. We use our experience and research, together with research and asset allocation guidelines from Distribution Technology, to restrict the types of assets held and the allocation of each asset type to keep the fund within the target risk profile. At least 75% of the fund will be invested in other authorised investment funds. Between 50% and 100% of the funds invested in will be index-tracking and operated by Legal & General.The fund will have exposure to company and government bonds (a type of loan that pays interest), cash, company shares and property. The fund will have a bias towards bonds. The bonds that these funds invest in may be investment grade (rated as lower risk) or sub-investment grade (rated as higher risk). Investment and sub-investment grade bonds are bonds that have been given a 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 fund may use derivatives (contracts which have a value linked to the price of another asset) for the following purposes: • To help with efficient day to day management.• To reduce some of the risks of the market.The fund may also have indirect exposure to money market instruments (a form of loan that pays interest and is designed to have a stable value), bank deposits and alternative asset classes such as commodities. Distribution Technology has set risk profiles from 1 to 10, with 10 being the highest risk. This fund aims to stay within risk profile 4.

Fund Managers

Justin Onuekwusi

Justin is a fund manager within the Multi-Asset Funds team, leading on the management of the team's retail and risk-profiled multi-asset funds. Prior to joining LGIM in August 2013, Justin was a fund manager with Aviva Investors' multi-asset team combining both strategic and dynamic asset allocation with manager selection in the construction of multi-asset portfolios. He was lead fund manager on a range of risk-targeting multi-asset funds and co-lead fund manager on a number of unit-linked Life and Pension funds, as well as manager of manager offerings. Justin previously worked as a fund research analyst at Merrill Lynch and an investment consultant for Aon Consulting. Justin is a CFA Charterholder and holds a degree in Economics from the University of Warwick and the Investment Management Certificate.

Andrzej Pioch

Andrzej is a fund manager in the Multi-Asset Funds team at Legal & General Investment Management. His responsibilities cover the portfolio management and on-going development of both institutional and retail multi-asset funds, including multi-factor equity funds. Prior to joining LGIM in July 2014, he was a fund manager at Aviva Investors. Originally from Poland, he completed the MSc programme in Finance at Bocconi University in Italy and also holds a bachelor’s degree in economics and social science from Utrecht University in the Netherlands.

Francis Chua

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.Francis is a manager researcher, with focus on fixed income and alternative investments. He draws parallels with football managers by looking for skill and consistency, while giving nothing away to the managers he meets. We certainly can’t tell what he’s thinking as he types away on his Dvorak keyboard (apparently non-QWERTY keyboards exist…!) Staying true to his Malaysian roots, he balances his steady day-to-day routine with a good dose of adventure abroad.