|Bid Price||GBX 50.70||Offer Price||GBX 50.99|
|Mid Price||-||Day Change||GBX -0.06 (-0.12%)|
|Price Date||14 Dec 2018||Crown Rating|
|Shares Class||Inc.||Yield||2.00 %|
|Total Expense Ratio||0.00||Fund Size||326,462,651.03|
|Launch Date||21/08/2013||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.00||Sector||Volatility Managed|
|Min Investment (£)||100.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BYXQ3704||Min TopUp (£)||100.00|
The objective of the fund is to provide a combination of growth and income and to keep the fund within a pre-determined risk profile. The fund is part of a range of risk profiled funds. The risk profile ranges from 1-10 with 1 being the least risky, and 10 being the most. This fund is a 3. The level of risk in the fund is managed by restricting the types and proportions of the assets it holds.The fund’s potential gains and losses are likely to be limited by the objective to stay within its particular risk profile. The target risk profile for the fund is set by an independent company, and is based on the historic return and volatility of different asset types. We use our experience and research, together with research and allocation guidelines from this independent company to restrict the types of assets held and the allocation of each asset type to stay within the target risk profile.The fund will have exposure to company and government bonds (a type of loan that pays interest), cash, company shares and UK commercial property. The fund will have a strong bias towards company and government bonds.The bonds the fund is exposed to may be investment grade or sub-investment grade. Investment grade means that the bond is rated as lower risk by a rating agency, while sub-investment grade bonds will be classed as higher risk, but with a potentially higher return.In order to achieve this exposure, at least 75% of the fund will be invested in other authorised investment funds. At least 50% of the fund will be invested in index-tracker funds which are operated by Legal & General.The fund may also invest in money market instruments (a form of loan that pays interest and is designed to have a stable value) and bank deposits.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.
Justin is a fund manager in Multi-Asset Funds team, focusing on the management of the team's retail and risk-profiled multi-asset funds. Justin joined LGIM in 2013 from Aviva Investors' multi-asset team.
Andrzej is a Fund Manager in the Multi-Asset Funds team with responsibilities covering the portfolio management and ongoing development of both institutional and retail multi-asset funds. Prior to joining LGIM in July 2014, he was a Fund Manager at Aviva Investors.