Quick Stats

Bid Price GBX 57.56 Offer Price GBX 57.88
Mid Price - Day Change GBX +0.16 (0.28%)
Price Date 13 Dec 2019 Crown Rating 4
Shares Class Inc. Yield 3.30 %
Last Ex-Dividend Date 18 November 2019 Dividend Frequency -
Sector Volatility Managed Fund Size 77,258,705.70
Launch Date 09/10/2015 Standard Initial Charge 0.00%
Ongoing cost 0.31% Annual Management Charge 0.00%
ISIN GB00BZ0RRQ04 Sedol BZ0RRQ0

Fund Objective

The objective of this fund is to provide a combination of income and capital growth and to keep the fund within a pre-determined risk profile. While this will be the Fund’s focus, it will have a bias towards investments that pay a higher income. The fund’s potential gains and losses are likely to be limited by the objective to stay within its particular risk profile. At least 75% of the fund will be invested in other authorised investment funds. Between 50% and 100% of the funds invested in will be index-tracking and operated by Legal & General.The fund will have exposure to company shares, company and government bonds (a type of loan that pays interest), cash and property. The fund will have a bias towards company shares. The bonds that these funds invest 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 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.The fund may also have indirect exposure to money market instruments (a form of loan that pays interest and is designed to have a stable value), bank deposits and alternative asset classes such as commodities.Distribution Technology has set risk profiles from 1 to 10, with 10 being the highest risk. This fund aims to stay within risk profile 5

Fund Managers

Justin Onuekwusi
Justin is a senior multi-asset fund manager and Head of Retail Multi-Asset Funds at Legal & General Investment Management (LGIM), sitting within a team that is responsible for managing over £50bn. Justin first began my career in 2003 as a senior investment analyst at AON Hewitt, before moving across to Bank of America in 2007 where Justin worked as a manager and research analyst. Justin also worked with Aviva Investors as a multi asset fund manager before joining LGIM in 2013. Justin co-chair the Legal & General Inclusion Team (LEGIT). LEGIT aims to create a culture that supports all of Legal & General Investment Management (LGIM) through networks and events across five key areas: leadership engagement, talent attraction and development, leadership development, marketing and communications and community engagement. In addition to these company-wide initiatives, Justin also chair the Investment Diversity Working Group, which focuses on driving inclusivity across the investment floor. Finally, Justin is on the diversity and inclusion team for our parent company, Legal & General (L&G). Over the course of his career in the City, Justin have seen the workplaces that function best and are most productive when employees bring different backgrounds, experiences, opinions and ways of thinking to the table. However, Justin also regularly noticed that there was still a huge lack of diversity across many firms and wanted to do whatever Justin could to highlight and address this. Workplaces should be aware of the positive impact of diversity, and push hard to foster positive, inclusive environments where everyone feels welcome and be themselves. Inclusion should be exactly what it says on the tin, and that EVERYBODY deserves a seat at the table based on their competence rather than a label that highlights just one aspect of who they are. When this doesn’t happen, employees instead spend their time and energy trying to hide who they really are in order to feel more accepted and progress at work, impacting their relationships with colleagues, productivity and essentially their happiness and wellbeing. Nobody should have to experience this.
Andrzej Pioch
Andrzej is a Fund Manager in the Multi-Asset Funds team with responsibilities covering the portfolio management and ongoing development of both institutional and retail multi-asset funds. Prior to joining LGIM in July 2014, he was a Fund Manager at Aviva Investors.
Francis Chua
Francis is a fund manager in the Multi-Asset Funds team and assists in the management of the multi-index funds. Francis joined LGIM in October 2016 from Aviva where he was a senior investment analyst.