Quick Stats

Bid Price - Offer Price -
Mid Price GBX 310.40 Day Change GBX -0.80 (-0.26%)
Price Date 27 Jun 2017 Crown Rating 3
Shares Class Inc. Yield 2.60 %
Total Expense Ratio 0.00 Fund Size 583,451,113.36
Launch Date 02/01/1996 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 0.00 Sector IMA UK Equity Income
Min Investment (£) 1,000,000.00 Total Expense Ratio (%) 0.00
ISIN GB00B8028R48 Min TopUp (£) 20,000.00

Fund Objective

The objective of this fund is to provide growth of both capital and income.||The fund will invest between 40 and 85% in a broad range of UK and overseas company shares. The rest of the fund will be invested at least 80% in bonds (a type of loan which pays interest).||Generally the fund will invest in these assets through other authorised investment funds, including funds from|Legal & General. However, it may also invest directly in the assets. 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.*]|The fund may also invest in other transferable securities, other funds, cash or cash like investments. This fund may not be appropriate for investors who plan to withdraw their money within five years.

Fund Managers

Martin Dietz
Martin is a fund manager in LGIM's Multi-Asset Funds team and responsible for the development of medium and long-term investment strategy. Prior to joining LGIM in September 2012, Martin was a senior investment consultant at Towers Watson where he was a member of its Global Investment Committee and UK Portfolio Construction Group, providing asset class views and dynamic asset allocation for consulting and fiduciary clients. Martin previously worked as a manager at Ernst & Young in its Financial Services Risk Management. He has a PhD (summa cum laude) in economics and finance from the University of St Gallen, graduated from the doctoral programme of the Swiss National Bank at Gerzensee and was a visiting PhD student in economics at UC Berkeley
Chris Teschmacher
Chris is a fund manager within LGIM’s Multi Asset Funds team with responsibilities in portfolio management and on-going development across the multi-asset product range. Chris joined LGIM in 2015 from HSBC Global Asset Management where he had spent over 6 years, most recently in the multi asset team covering capabilities including risk-targeted multi asset, multi-asset income and global tactical asset allocation. Chris has also worked on the emerging market debt team at HSBC in New York as a product specialist. Chris is a CFA Charterholder and holds the Investment Management Certificate. He graduated from Bristol University in 2008 with honours having studied economics and management