|Bid Price||GBX 79.76||Offer Price||GBX 79.76|
|Mid Price||-||Day Change||GBX -0.05 (-0.06%)|
|Price Date||18 Jan 2018||Crown Rating|
|Shares Class||Inc.||Yield||1.70 %|
|Total Expense Ratio||0.00||Fund Size||106,106,711.19|
|Launch Date||08/10/1986||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.00||Sector||IMA UK Equity Income|
|Min Investment (£)||100,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BPN60094||Min TopUp (£)||20,000.00|
The objective of this fund is to provide both an income and growth by aiming to track the performance of the FTSE World Index.Investment policy:? The fund will invest almost entirely in company shares included in the Index. The fund's investments will closely match those that make up the Index. The Index consists of a broad spread of company shares from around the world (including the UK).? 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, cash or cash like investments and other funds.
LGIM 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.