Quick Stats

Bid Price GBX 71.86 Offer Price GBX 72.19
Mid Price - Day Change GBX -0.18 (-0.25%)
Price Date 22 Sep 2017 Crown Rating 3
Shares Class Inc. Yield 2.30 %
Total Expense Ratio 0.00 Fund Size 138,950,253.39
Launch Date 21/08/2013 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 GB00B9LF0M88 Min TopUp (£) 20,000.00

Fund Objective

The objective of the fund is to provide a combination of growth andincome and to keep the fund within a pre-determined risk profile.The fund’s potential gains and losses are likely to be limited by theobjective to stay within its particular risk profile.The target risk profile for the fund is set by an external agency,Distribution Technology, and is based on the historic return andvolatility of different asset types. We use our experience and research,together with research and asset allocation guidelines fromDistribution Technology, to restrict the types of assets held and theallocation of each asset type to keep the fund within the target riskprofile.At least 80% of the fund will be invested in other authorised investmentfunds. The fund will mainly invest in index-tracker funds which areoperated by Legal & General.Through the other funds, the fund will have exposure of between 70%and 100% to company shares from around the world.The fund may use derivatives (contracts which have a value linked tothe 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 will also have minor exposure to company and governmentbonds (a type of loan that pays interest), cash, money marketinstruments (a form of loan that pays interest and is designed to havea stable value) and bank deposits.Distribution Technology has set risk profiles from 1 to 10, with 10 beingthe highest risk. This fund aims to stay within risk profile 7.

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
Bruce White
Bruce is a fund manager in the Multi-Asset Funds team and leads the Portfolio Strategy team. He joined LGIM in February 2012. Bruce previously worked at Queensland Investment Corporation (QIC) for 12 years, where he was Director of Global Macro with responsibility for around $40 billion of TAA derivative overlays and a stand-alone total return fund to access those strategies directly. While at QIC he also had responsibilities for strategic asset allocation research, currency management and establishing a risk management framework. He has also advised pension funds and the Australian government’s Future Fund on their asset allocation and risk management models. Bruce is a CFA charterholder and graduated from the University of Queensland with a Bachelor of Commerce (hons) and a Bachelor of Economics.
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