|Bid Price||GBX 105.80||Offer Price||GBX 106.30|
|Mid Price||-||Day Change||GBX -0.10 (-0.09%)|
|Price Date||16 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.70 %|
|Total Expense Ratio||0.00||Fund Size||317,160,886.20|
|Launch Date||05/07/1999||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.00||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00B0CNH940||Min TopUp (£)||0.00|
The objective of this fund is to provide growth by investing in a portfolio of companies whose business meets a range of ethical and environmental guidelines. (You can find details of these guidelines in the fund's Prospectus or in The Legal & General Ethical Trust - Who's in and Who's out document.)The fund will invest almost entirely in shares of all such companies in the FTSE 350 Index. The Index consists of shares of the 350 largest UK companies.The amount of shares held from each company will be in proportion to the company's size. However, no one company can make up more than one tenth of the fund's value.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.If you hold accumulation units, income from investments held by the fund (dividends) will be reinvested into the value of your units.If you hold distribution units, income from investments held by the fund will be paid out to you (as a dividend).This fund may not be appropriate for investors who plan to withdraw their money within five years.
LGIM Index Fund Management Team
The Index Fund Management team comprises 19 fund managers, supported by four fund management assistants. Management oversight is provided by the Global Head of Index Funds. The team has average industry experience of 15 years, of which eight years has been at LGIM, and is focused on achieving the equally important objectives of close tracking and maximising returns. The allocation is managed by the Allocation Strategy Management team. Management oversight is provided by Director, Allocation Strategy Management. The team of 10 has an average industry experience of 13 years, of which six years has been at LGIM.