L&G European Absolute I

Quick Stats

Bid Price GBX 50.62 Offer Price GBX 50.62
Mid Price - Day Change GBX -0.02 (-0.04%)
Price Date 21 Jun 2013 Crown Rating
Shares Class Inc. Yield 0.00 %
Total Expense Ratio 0.82 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.