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Legal & General Multi-Asset Target Return Class I Class I - Income (GBP)

Sell:47.53p Buy:47.53p Change: 0.02p (0.04%)
Prices as at 22 November 2024
Sell:47.53p
Buy:47.53p
Change: 0.02p (0.04%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 22 November 2024
Sell:47.53p
Buy:47.53p
Change: 0.02p (0.04%)
Prices as at 22 November 2024
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Our view on this Fund

This fund does not feature on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. 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 »

Our view on the sector

Funds in this sector generally try to make a positive return in any market condition. But they go about it in different ways. Some focus on one type of asset, such as shares or bonds, while others invest in a variety of different assets. Some stick to one geographical area, like the UK or Europe, while others invest globally. Some also take 'short' positions, which can allow the fund to benefit from falling prices. It can be difficult to compare funds in this sector because they're so different, so each one should be considered on its own merits. Some have been more volatile than others, some have sheltered investors' money well but not done as well when markets have risen, while others have performed poorly. Like any investment, there's still a degree of risk and they're not guaranteed to make money.

Performance Analysis

Performance analysis for this fund is not available.

Investment Philosophy

Investment philosophy for this fund is not available.

Process and Portfolio Construction

Process and portfolio construction for this fund are not available.

question mark Manager Track Record Based on HL Quantitative Research

This information is currently unavailable.

Fund Track Record

22/11/19 to 22/11/20 22/11/20 to 22/11/21 22/11/21 to 22/11/22 22/11/22 to 22/11/23 22/11/23 to 22/11/24
Annual return 4.05% 5.43% -7.84% 8.56% 5.07%

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.

Information about the fund

Fund manager biography

manager photo
Manager Name: Emiel van den Heiligenberg
Manager start date: 20 March 2015
Manager located in: London

Emiel joined LGIM in August 2013 as Head of Asset Allocation with responsibility for asset allocation strategy and macro research. Prior to joining LGIM, Emiel was CIO of the Multi-Asset Solutions Group at BNP Paribas Investment Partners, and responsible for managing a range of multi-asset strategies including absolute return, diversified growth funds, LDI and fiduciary, balanced mandates and multi-manager mandates. Emiel joined the asset allocation team at Fortis Investment (now BNP Paribas) in April 2000, as a strategist and portfolio manager, becoming head of the team in 2002. Prior to joining BNP Paribas, he worked as a portfolio manager at ING Investment Management, joining the company after working as a policy adviser in the Dutch Ministry of Finance. Emiel graduated from Tilburg University with a master's degree in economics and holds a postgraduate qualification from VBA/EFFAS (the European Federation of Financial Analysts Societies).

manager photo
Manager Name: Willem Klijnstra
Manager start date: 20 March 2015
Manager located in: London

Willem is responsible for LGIM's tactical asset allocation strategies. Willem joined LGIM in 2014 from BNP Paribas Investment Partners where he held the title of Head of TAA Research and Strategies. In this role he took responsibility for the multi-asset investment process and active management of global multi-asset portfolios, leading a team of economists, strategists and analysts. Prior to that, he held various positions in the same multi-asset solutions team overseeing portfolio management activities and the TAA research effort, and was involved in alpha generation. He started his investment career in the same team as a portfolio manager in 2001, and started to manage absolute return portfolios and GTAA overlay portfolios in 2004. Willem graduated from the University of Groningen and University of Amsterdam, and holds a master's degree in econometrics and actuarial sciences. Willem is also a CFA charterholder.

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Manager Name: John Roe
Manager start date: 20 March 2015
Manager located in: London

John has been leading LGIM's multi-asset fund management team since 2013. Within Asset Allocation, the team manage both a range of award winning macro strategies and factor based investment strategies, working closely with the rest of Asset Allocation. After joining LGIM in multi-asset solutions in 2008, he developed LGIM's diversified growth fund range, which he continues to co-manage. Until late 2016, John was also a director of Legal & General (Pensions Management) Limited. Prior to joining LGIM, John worked in insurance advisory at Royal Bank of Scotland and Tillinghast Towers Perrin. He is a fellow of the Institute of Actuaries and has a first class BSc in Economics and Econometrics from the University of Nottingham.

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. Benchmark data provided subject to this disclaimer.
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account