Quick Stats

Bid Price GBX 113.10 Offer Price GBX 114.00
Mid Price - Day Change GBX +0.40 (0.35%)
Price Date 23 Nov 2017 Crown Rating 5
Shares Class Inc. Yield 1.10 %
Total Expense Ratio 0.00 Fund Size 281,589,498.43
Launch Date 10/11/2008 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 0.00 Sector IMA UK Equity Income
Min Investment (£) 500.00 Total Expense Ratio (%) 0.00
ISIN GB00B8B8RZ22 Min TopUp (£) 100.00

Fund Objective

The objective of this fund is to provide growth.The fund will typically invest between 80% and 100% in UK company shares.The fund may also invest in company shares from Europe.The fund will invest in companies considered, in the manager's view, to be undervalued by the market.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.This fund may not be appropriate for investors who plan to withdraw their money within five years.

Fund Managers

Richard Penny
Richard joined LGIM in 2003 and is a Senior Fund Manager within the High Alpha Team and the Manager of the award-winning L&G UK Alpha Trust as well as a number of segregated portfolios. Previously he worked for five years as a Fund Manager for M&G Investment Management and prior to this, for four years as a Fund Manager at Scottish Amicable Investment Management. Richard has a Masters degree in Engineering and Economics from Oxford University.