L&G Multi-Index 4 L Inc

Quick Stats

Bid Price GBX 61.75 Offer Price GBX 62.15
Mid Price - Day Change GBX +0.05 (0.08%)
Price Date 24 Oct 2016 Crown Rating
Shares Class Inc. Yield 1.90 %
Total Expense Ratio 0.00 Fund Size 319,796,927.95
Launch Date 21/08/2013 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.00 Sector IMA UK Equity Income
Min Investment (£) 0.00 Total Expense Ratio (%) 0.00
ISIN GB00B8W8D315 Min TopUp (£) 0.00

Fund Objective

The objective of the fund is to provide a combination of growth and income andto keep the fund within a pre-determined risk profile.The fund’s potential gains and losses are likely to be limited by the objective tostay within its particular risk profile.The target risk profile for the fund is set by an external agency, DistributionTechnology, and is based on the historic return and volatility of different assettypes. We use our experience and research, together with research and assetallocation guidelines from Distribution Technology, to restrict the types of assetsheld and the allocation of each asset type to keep the fund within the target riskprofile.At least 80% of the fund will be invested in other authorised investment funds.The fund will mainly invest in index-tracker funds which are operated byLegal & General.Through the other funds, the fund will have exposure of between 50% and 100%to company shares from around the world.The fund may use derivatives (contracts which have a value linked to the price ofanother asset) to:• reduce risk or cost; or• generate additional capital or income with no, or an acceptably low, level ofrisk.The fund will also have exposure to company and government bonds (a type ofloan that pays interest), cash, UK commercial property, money marketinstruments (a form of loan that pays interest and is designed to have a stablevalue) and bank deposits.Distribution Technology has set risk profiles from 1 to 10, with 10 being thehighest risk. This fund aims to stay within risk profile 3.

Fund Managers

Justin Onuekwusi
Justin is a fund manager within the Portfolio Strategy team, focusing 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 tactical 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