L&G Pacific Growth I Acc

Quick Stats

Bid Price GBX 257.60 Offer Price GBX 259.40
Mid Price - Day Change GBX -0.40 (-0.16%)
Price Date 18 Jul 2014 Crown Rating 3
Shares Class Inc. Yield 1.60 %
Total Expense Ratio 0.00 Fund Size 75,130,000.00
Launch Date 09/09/1985 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 (%) 0.00
ISIN GB00B7SSY572 Min TopUp (£) 20,000.00

Fund Objective

The objective of this fund is to provide growth. The fund will typically invest between 90% and 100% in company shares. The company shares that the fund invests in will be from Asia (excluding Japan) and Australasia and will reflect the varying business activity and opportunities within the region. They may include shares of companies in developing economies. The fund will invest directly in these company shares or indirectly through derivatives (contracts which have a value linked to the price of another asset). The fund may use derivatives 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 invest in bonds (a type of loan which pays interest), cash or deposits.

Fund Managers

Paul Hilsley
Paul joined LGIM in 2006 and is lead Fund Manager for the Asian Income portfolios. He began his investment career in 1991 at Phillips and Drew Fund Management, now called UBS Global Asset Management, and developed broad experience across UK, Europe, Japan and, predominantly, Asia ex Japan, over subsequent years. At LGIM Paul launched the Legal & General Asian Income Trust and in 2013, alongside Richard Black, formed the Global Income Team which, together with Robert Dalley, forms the core of the firm's equity income expertise. He read Engineering, Economics and Management at Lincoln College, Oxford University and is an Associate of the Society of Investment Professionals.