L&G Mixed Investment Income 20-60%

Quick Stats

Bid Price - Offer Price -
Mid Price GBX 56.76 Day Change GBX -0.04 (-0.07%)
Price Date 25 Oct 2016 Crown Rating
Shares Class Inc. Yield 3.70 %
Total Expense Ratio 0.00 Fund Size 16,663,705.39
Launch Date 05/10/2015 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.00 Sector IMA UK Equity Income
Min Investment (£) 100,000,000.00 Total Expense Ratio (%) 0.00
ISIN GB00BYW6BX38 Min TopUp (£) 20,000.00

Fund Objective

The objective of the fund is to provide a combination of income and capital growth.||The Manager will aim to identify a combination of investments that are expected to produce high income (relative to that generally available from the investments permitted), together with the potential for capital growth.||The fund invests in a broad range of UK and overseas company shares, bonds (a type of loan which pays interest), cash and other assets including those whose return is linked to commodities and property. The fund will invest between 20% and 60% in company shares.||Usually the fund will invest in these assets through other authorised investment funds, including index-tracking or actively managed funds from Legal & General. However, it may also invest directly in company shares, bonds, cash or cash like investments, as well as other funds. At times the fund could hold||[*up to 100% in other funds; or*][*up to 100% directly in the assets.*]|The bonds that the fund invests 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 bonds that the fund invests in may be issued by companies or governments.||The fund may use derivatives (contracts which have a value linked to the price of another asset) to:[*reduce risk or cost; or*][*generate additional capital or income with no, or an acceptably low, level of risk.*]|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 income units, income from investments held by the fund will be paid out to you monthly (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 3.00pm. This is the time we calculate unit prices for this fund. If you contact us after 3.00pm, 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

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