Quick Stats

Bid Price GBX 48.38 Offer Price GBX 48.49
Mid Price - Day Change GBX -0.05 (-0.10%)
Price Date 19 Mar 2019 Crown Rating
Shares Class Acc. Yield 0.70 %
Last Ex-Dividend Date 13 August 2018 Dividend Frequency Annually
Sector Technology & Telecommunication Fund Size 296,160,975.82
Launch Date 01/11/2000 Standard Initial Charge 0.00%
Ongoing cost 0.46% Annual Management Charge 0.00%
ISIN GB00B8884C14 Sedol B8884C1

Fund Objective

The objective of this fund is to provide growth by tracking the performance of those companies in the FTSE World Index which are engaged in Information Technology activities.The fund will invest almost entirely in company shares. The fund's investments will closely match those that make up the Index. The Index consists of company shares from around the world.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.Your units will be 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

Index Fund Management Team
The Index Fund Management team comprises 25 fund managers, supported by two analysts. Management oversight is provided by the Global Head of Index Funds. The team has average industry experience of 15 years, of which seven years has been at LGIM, and is focused on achieving the equally important objectives of close tracking and maximising returns.