L&G Asian Income Trust C Inc

Quick Stats

Bid Price GBX 69.52 Offer Price GBX 69.84
Mid Price - Day Change GBX +0.16 (0.23%)
Price Date 24 Oct 2016 Crown Rating 3
Shares Class Inc. Yield 3.70 %
Total Expense Ratio 0.00 Fund Size 330,156,486.47
Launch Date 29/12/2004 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.00 Sector IMA UK Equity Income
Min Investment (£) 50,000,000.00 Total Expense Ratio (%) 0.00
ISIN GB00BYM0W656 Min TopUp (£) 20,000.00

Fund Objective

The objective of this fund is to provide income, with some potential for growth.The fund will typically invest between 90% and 100% in company shares.The fund will invest in a broad spread of company shares from all economic sectors. The company shares the fund invests in will be from Asia (excluding Japan), the rest of the Pacific region and Australasia.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 invest in cash or deposits.If you hold accumulation units, income from investments held by the fund (dividends) will be reinvested into the value of your units.If you hold distribution units, income from investments held by the fund will be paid out to you (as a dividend).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

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.