Legal & General Multi Index 3 Class I - Accumulation (GBP)
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Income and accumulation units
With income units, any income is paid as cash. This can be withdrawn, reinvested or simply held on your account. With accumulation units any income is retained within the fund; the number of units remains the same but the price of each unit increases by the amount of income generated within the fund. Generally accumulation units offer a slightly more efficient way to reinvest income, although many investors will choose to hold income units and reinvest the income to buy extra units.
×Charges and Savings
Initial charges | |
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Initial charge: | 0.00% |
Initial saving from HL: | 0.00% |
HL dealing charge: | Free |
Net initial charge: | 0.00% |
Annual charges | |||
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Performance fee: | No | ||
Ongoing charge (OCF/TER): | 0.31% | ||
Ongoing saving from HL: | 0.00% | ||
Net ongoing charge: | 0.31% | ||
There are other unit types of this fund available: | |||
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In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.
Other Information
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Performance
16/08/19 to 16/08/20 | 16/08/20 to 16/08/21 | 16/08/21 to 16/08/22 | 16/08/22 to 16/08/23 | 16/08/23 to 16/08/24 | |
---|---|---|---|---|---|
Annual return | 2.61% | 7.18% | -5.92% | -5.36% | 9.28% |
Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.
View fund chartOur view on this fund
The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »
Fund Objective
The objective of the fund is to provide a combination of growth and income and to keep the fund within a pre-determined risk profile. The fund is part of a range of risk profiled funds. The risk profile ranges from 1-10 with 1 being the least risky, and 10 being the most. This fund is a 3. The level of risk in the fund is managed by restricting the types and proportions of the assets it holds. The fund’s potential gains and losses are likely to be limited by the objective to stay within its particular risk profile. The target risk profile for the fund is set by an independent company, Distribution Technology, and is based on the historic return and volatility of different asset types. We use our experience and research, together with research and allocation guidelines from this independent company to restrict the types of assets held and the allocation of each asset type to stay within the target risk profile. At least 80% of the fund will be invested in other authorised investment funds. The fund will mainly invest in index-tracker funds which are operated by Legal & General. Through the other funds, the fund will have exposure of between 50% and 100% to company and government bonds and cash. Between 70% and 100% of the bonds the fund is exposed to will be investment grade (rated as lower risk). The fund will also have exposure to company shares, UK commercial property, money market instruments and bank deposits. The fund may use derivatives to reduce risk or cost, or to generate additional capital or income with no, or an acceptably low, level of risk.
Income Details
Security | Weight |
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Legal & General All Stocks Gilt Index Trust I | 10.02% |
Legal & General Global Inflation Linked Bond Index Fund L | 8.90% |
Legal & General Investment Managers LGIM Sterling Liquidity Plus Fund Class 1 | 8.22% |
Legal & General Sterling Corporate Bond Index Fund L | 7.54% |
Z-EUR-INC | 6.22% |
Legal & General US Index Trust I | 6.10% |
US. TSY. INFL. 1.125% IL | 4.59% |
Legal & General UK Index Trust L | 4.43% |
Legal & General All Stocks Index Linked Gilt Index Trust I | 3.78% |
Legal & General UK Property Fund L | 3.51% |
Sector | Weight |
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Bonds | 45.61% |
Managed Funds | 20.10% |
Cash and Equiv. | 9.34% |
Non-Classified | 3.09% |
Real Estate Investment Trusts | 2.23% |
Technology Hardware & Equipment | 1.92% |
Software & Computer Services | 1.54% |
Banks | 1.52% |
Pharmaceuticals & Biotechnology | 1.38% |
Non-Renewable Energy | 0.97% |
Country | Weight |
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United Kingdom | 21.74% |
United States | 21.29% |
Managed Funds | 20.10% |
Cash and Equiv. | 9.34% |
Non-Classified | 4.72% |
Japan | 2.76% |
France | 2.39% |
Australia | 1.86% |
Luxembourg | 1.76% |
Germany | 1.53% |
Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 16 August 2024. Data provided by Broadridge, correct as at 31 July 2024.
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4 If you elect to receive the income from an ISA or a Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.