Prudential LGIM FTSE4Good UK Equity Index S3
Performance
Discrete performance - to latest available quarter end
| 31/12/19 to 31/12/20 |
31/12/20 to 31/12/21 |
31/12/21 to 31/12/22 |
31/12/22 to 31/12/23 |
31/12/23 to 31/12/24 |
|
|---|---|---|---|---|---|
| Fund | -9.7% | 16.4% | 0.9% | 7.3% | 10.8% |
| Benchmark | -11.3% | 17.4% | 0.9% | 8.3% | 10.3% |
Performance - to latest available quarter end
| Quarter | Annualised | |||
|---|---|---|---|---|
| 4 2024 |
3 Years to 31/12/24 |
5 Years to 31/12/24 |
10 Years to 31/12/24 |
|
| Fund | 0.4% | 6.2% | 4.7% | n/a |
| Benchmark | -0.1% | 6.4% | 4.6% | 6.2% |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| ASTRAZENECA | 8.00 |
| HSBC HOLDINGS | 7.89 |
| SHELL | 6.21 |
| UNILEVER | 6.18 |
| RELX | 3.73 |
| DIAGEO | 3.09 |
| LONDON STOCK EXCHANGE GROUP | 3.06 |
| GSK | 2.96 |
| RIO TINTO | 2.78 |
| NATIONAL GRID | 2.53 |
| Total | 46.44 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the LGIM FTSE4Good UK Equity Index - the underlying fund.
Underlying Fund Objective: The fund aims to track the sterling total returns of the FTSE4Good UK Equity Index (including re-invested income, less withholding tax) to within +/- 0.5% per annum for two years in three.
Fund Manager
See Custom Field
Fund Overview
| Daily price (19/02/2025) | 319.62 |
| Fund size (31/12/2024) | £7.39m |
| Underlying Fund size | £236.47m |
| Number of holdings | 210 |
| Annual Management Charge (AMC) | Please refer to the "Fund Guide" for your specific pension plan |
| Launch date | 03/07/2015 |
Asset Allocation
| UK Equities | 97.95% | |
| Property | 1.41% | |
| International Equities | 0.47% | |
| Cash and Equivalents | 0.09% | |
| Other Assets | 0.07% |
Commentary
Performance as at Q4 2024 - Q4 24 was difficult for fixed income markets. Economic data is causing investor sentiment to swing between extremes. In the UK, the Labour government budget announced additional borrowing, raising concerns over long-term growth. The Office for Budget Responsibility forecast growth of just 1% this year and 2% in 2025. The market absorbed a post-budget update from the UK Debt Management Office that gross financing needs for 2024/2025 will be GBP 23 billion higher than projected in April, with an additional cumulative increase of GBP 145 billion over the next four years. Yields eased by 5 to 10 basis points (bps) from their session highs, though volatility remained pronounced. For the Bank of England (BoE), the market's takeaway was that rates are likely to stay elevated for longer. The BoE cut the Bank Rate by 25bps in November but kept it unchanged at 4.75% in December. However Monetary Policy Committee divisions increased with three dissenters calling for an imminent rate cut. Still, a gradual approach to removing policy restraint was preferred. Inflationary pressures remain in the UK with November Consumer Prices Index (CPI) at 2.6% and Core CPI at 3.5%. The UK grew by 0.9% YoY in Q3 2024 and was flat QoQ vs.Q2. The spread of 10-year gilts over bunds widened by 32bps in Q4 to 220bps, the highest since October 2022. The European Central Bank cut rates by an additional 25bps in October and December to 3.00%. Meanwhile, business activity remained sluggish and Eurozone CPI moved up to 2.2%, with unemployment unchanged. Furthermore, the Eurozone grew by 0.9% YoY in Q3. In November there were significant political developments in France, with growing speculation about the government's survival as they looked to pass a budget. This continued into December as the government led by Michel Barnier fell. As a result, French assets continued to underperform, with the CAC 40 down -3.3% in total return terms, and the Franco-German 10 year yield spread widening by another 3bps to 83bps. In the US, October saw a much brighter global outlook as markets bounced back. On October 3rd, the US ISM services index hit a 19-month high at 54.9%. Then the US jobs report came in stronger than expected. This meant that the unemployment rate fell to 4.1%. The US presidential election saw victory for Donald Trump, as well as Republican control of the House of Representatives and Senate. That saw higher US Treasury yields and USD. There was growing scepticism that the Fed would cut rates rapidly over the year. Data also showed core Personal Consumption Expenditures at a seven-month high in October. So, there was growing concern that inflation was proving sticky. In December, the Fed reduced rates again, bringing the total 2024 cuts to 100bps. They only indicated a further 50bps of cuts for 2025, which was more aggressive than anticipated. This led to Treasury yields rising. By the end of the year, the 10-year yield closed at 4.57%. The CPI indicated a continued rise in inflation while Core inflation remained at 3.3%. Unemployment was relatively stable, while non-farm payrolls and the Job Openings and Labour Turnover Survey showed a trend in December, suggesting a resilient labour market. Sterling IG spreads tightened, with the index spread falling 24bps, whilst Gilt yields rose leading to a -0.41% total return. European IG spreads tightened 15bps. However, government bond yields rose to 2.21% which offset the impact of widening spreads and resulted in 0.81% total return. US IG spreads also tightened; however, US treasury yields rose markedly by 69bps to 4.47% resulting in a -2.84% total return. Overall, Global IG spreads tightened 12bps, reflecting regional divergences but maintaining stability amid significant geopolitical and economic developments. Similarly, global HY markets returned 0.46% with European HY outperforming US HY. European spreads ended at 311bps, while US spreads tightened by 11bps to 292bps.
Source: M&G
Important Information
All rights in the FTSE4Good Global Equity Index vest in FTSE International Limited (“FTSE”). “FTSE®” is a trade mark of the London Stock Exchange Plc and The Financial Times Limited and is used by FTSE under licence. The Ethical Global Equity Index Fund has been developed solely by Legal & General Investment Management Limited. The Index is calculated by FTSE or its agent. FTSE and its licensors do not sponsor, advise, recommend, endorse or promote this Ethical Global Equity Index Fund and are not in any way connected to it and do not accept any liability (including in negligence or otherwise) to any person for any loss arising out of use of the Index by any person or in relation to the Ethical Global Equity Index Fund’s issue, operation or trading or as a result of an investment in the Ethical Global Equity Index Fund. FTSE makes no claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the Ethical Global Equity Index Fund or as to the fitness or suitability of the Index for the particular purpose to which it is being put by Legal & General Investment Management Limited.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2023. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with gross income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.
This factsheet is intended for the trustees, sponsors, advisers and members of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. Its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. If you are not familiar with any of the investment terminology included, then please contact an adviser. Investors should refer to their scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Asset Allocation
| UK Equities | 97.95% | |
| Property | 1.41% | |
| International Equities | 0.47% | |
| Cash and Equivalents | 0.09% | |
| Other Assets | 0.07% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Financials | 26.25% | - | - | - | |
| Banks | - | 14.95% | - | - | |
| Banks | - | - | 14.95% | - | |
| Banks | - | - | - | 14.95% | |
| Financial Services | - | 7.37% | - | - | |
| Investment Banking & Brokerage Services | - | - | 4.10% | - | |
| Asset Managers & Custodians | - | - | - | 3.65% | |
| Investment Services | - | - | - | 0.44% | |
| Finance & Credit Services | - | - | 3.27% | - | |
| Financial Data & Systems | - | - | - | 3.06% | |
| Consumer Lending | - | - | - | 0.13% | |
| Mortgage Finance | - | - | - | 0.08% | |
| Insurance | - | 3.92% | - | - | |
| Life Insurance | - | - | 2.74% | - | |
| Life Insurance | - | - | - | 2.74% | |
| Non-life Insurance | - | - | 1.18% | - | |
| Property & Casualty Insurance | - | - | - | 0.99% | |
| Full Line Insurance | - | - | - | 0.19% | |
| Consumer Staples | 14.78% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 10.39% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 10.39% | - | |
| Personal Products | - | - | - | 6.18% | |
| Food Retailers & Wholesalers | - | - | - | 2.34% | |
| Nondurable Household Products | - | - | - | 1.87% | |
| Food, Beverage & Tobacco | - | 4.40% | - | - | |
| Beverages | - | - | 3.60% | - | |
| Distillers & Vintners | - | - | - | 3.09% | |
| Soft Drinks | - | - | - | 0.51% | |
| Food Producers | - | - | 0.79% | - | |
| Food Products | - | - | - | 0.79% | |
| Health Care | 14.05% | - | - | - | |
| Health Care | - | 14.05% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 13.34% | - | |
| Pharmaceuticals | - | - | - | 13.30% | |
| Biotechnology | - | - | - | 0.04% | |
| Medical Equipment & Services | - | - | 0.68% | - | |
| Medical Equipment | - | - | - | 0.48% | |
| Medical Supplies | - | - | - | 0.20% | |
| Health Care Providers | - | - | 0.03% | - | |
| Health Care Facilities | - | - | - | 0.03% | |
| Consumer Discretionary | 13.19% | - | - | - | |
| Media | - | 5.53% | - | - | |
| Media | - | - | 5.53% | - | |
| Publishing | - | - | - | 4.23% | |
| Media Agencies | - | - | - | 1.15% | |
| Radio & TV Broadcasters | - | - | - | 0.15% | |
| Consumer Products & Services | - | 3.58% | - | - | |
| Consumer Services | - | - | 2.50% | - | |
| Vending & Catering Service | - | - | - | 2.50% | |
| Household Goods & Home Construction | - | - | 0.81% | - | |
| Home Construction | - | - | - | 0.81% | |
| Personal Goods | - | - | 0.27% | - | |
| Clothing & Accessories | - | - | - | 0.20% | |
| Luxury Items | - | - | - | 0.07% | |
| Travel & Leisure | - | 2.74% | - | - | |
| Travel & Leisure | - | - | 2.74% | - | |
| Hotels & Motels | - | - | - | 1.18% | |
| Airlines | - | - | - | 0.81% | |
| Casinos & Gambling | - | - | - | 0.36% | |
| Travel & Tourism | - | - | - | 0.30% | |
| Restaurants & Bars | - | - | - | 0.08% | |
| Recreational Services | - | - | - | 0.01% | |
| Retail | - | 1.30% | - | - | |
| Retailers | - | - | 1.30% | - | |
| Diversified Retailers | - | - | - | 0.58% | |
| Home Improvement Retailers | - | - | - | 0.36% | |
| Specialty Retailers | - | - | - | 0.24% | |
| Apparel Retailers | - | - | - | 0.13% | |
| Automobiles & Parts | - | 0.03% | - | - | |
| Automobiles & Parts | - | - | 0.03% | - | |
| Automobiles | - | - | - | 0.02% | |
| Auto Parts | - | - | - | 0.01% | |
| Energy | 8.74% | - | - | - | |
| Energy | - | 8.74% | - | - | |
| Non-Renewable Energy | - | - | 8.74% | - | |
| Integrated Oil & Gas | - | - | - | 8.52% | |
| Oil: Crude Producers | - | - | - | 0.22% | |
| Industrials | 7.42% | - | - | - | |
| Industrial Goods & Services | - | 7.12% | - | - | |
| Industrial Support Services | - | - | 3.34% | - | |
| Professional Business Support Services | - | - | - | 2.87% | |
| Industrial Suppliers | - | - | - | 0.26% | |
| Business Training & Employment Agencies | - | - | - | 0.17% | |
| Security Services | - | - | - | 0.02% | |
| Forms & Bulk Printing Services | - | - | - | 0.01% | |
| General Industrials | - | - | 1.69% | - | |
| Diversified Industrials | - | - | - | 1.03% | |
| Containers & Packaging | - | - | - | 0.67% | |
| Electronic & Electrical Equipment | - | - | 1.23% | - | |
| Electronic Equipment: Gauges & Meters | - | - | - | 0.62% | |
| Electronic Equipment: Control & Filter | - | - | - | 0.40% | |
| Electrical Components | - | - | - | 0.21% | |
| Industrial Engineering | - | - | 0.63% | - | |
| Machinery: Construction & Handling | - | - | - | 0.31% | |
| Machinery: Industrial | - | - | - | 0.28% | |
| Machinery: Specialty | - | - | - | 0.05% | |
| Industrial Transportation | - | - | 0.19% | - | |
| Delivery Services | - | - | - | 0.14% | |
| Transportation Services | - | - | - | 0.06% | |
| Aerospace & Defence | - | - | 0.04% | - | |
| Aerospace | - | - | - | 0.04% | |
| Construction & Materials | - | 0.30% | - | - | |
| Construction & Materials | - | - | 0.30% | - | |
| Construction | - | - | - | 0.22% | |
| Building Materials: Other | - | - | - | 0.04% | |
| Cement | - | - | - | 0.04% | |
| Basic Materials | 5.34% | - | - | - | |
| Basic Resources | - | 4.89% | - | - | |
| Industrial Metals & Mining | - | - | 4.70% | - | |
| General Mining | - | - | - | 4.38% | |
| Copper | - | - | - | 0.30% | |
| Iron & Steel | - | - | - | 0.02% | |
| Precious Metals & Mining | - | - | 0.20% | - | |
| Gold Mining | - | - | - | 0.16% | |
| Platinum & Precious Metals | - | - | - | 0.04% | |
| Chemicals | - | 0.44% | - | - | |
| Chemicals | - | - | 0.44% | - | |
| Chemicals: Diversified | - | - | - | 0.44% | |
| Utilities | 4.92% | - | - | - | |
| Utilities | - | 4.92% | - | - | |
| Gas, Water & Multi-utilities | - | - | 3.78% | - | |
| Multi-Utilities | - | - | - | 2.93% | |
| Water | - | - | - | 0.85% | |
| Electricity | - | - | 1.11% | - | |
| Conventional Electricity | - | - | - | 1.11% | |
| Waste & Disposal Services | - | - | 0.03% | - | |
| Waste & Disposal Services | - | - | - | 0.03% | |
| Real Estate | 2.20% | - | - | - | |
| Real Estate | - | 2.20% | - | - | |
| Real Estate Investment Trusts | - | - | 1.73% | - | |
| Diversified REITs | - | - | - | 0.70% | |
| Industrial REITs | - | - | - | 0.53% | |
| Office REITs | - | - | - | 0.22% | |
| Residential REITs | - | - | - | 0.18% | |
| Storage REITs | - | - | - | 0.10% | |
| Real Estate Investment & Services | - | - | 0.47% | - | |
| Real Estate Services | - | - | - | 0.38% | |
| Real Estate Holding and Development | - | - | - | 0.09% | |
| Technology | 1.50% | - | - | - | |
| Technology | - | 1.50% | - | - | |
| Software & Computer Services | - | - | 1.50% | - | |
| Software | - | - | - | 0.81% | |
| Consumer Digital Services | - | - | - | 0.48% | |
| Computer Services | - | - | - | 0.22% | |
| Telecommunications | 1.46% | - | - | - | |
| Telecommunications | - | 1.46% | - | - | |
| Telecommunications Service Providers | - | - | 1.40% | - | |
| Telecommunications Services | - | - | - | 1.40% | |
| Telecommunications Equipment | - | - | 0.06% | - | |
| Telecommunications Equipment | - | - | - | 0.06% | |
| Cash and Equivalents | 0.09% | - | - | - | |
| Non-Classified | 0.07% | - | - | - | |
Regional Allocation
| UK | 97.95% | |
| Property | 1.41% | |
| Developed Europe - Excl UK | 0.35% | |
| Middle East & Africa | 0.11% | |
| Cash and Equivalents | 0.09% | |
| Non-Classified | 0.07% | |
| Developed Asia | 0.01% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 75.46% | |
| Pound Sterling | 7.84% | |
| US Dollar | 5.24% | |
| Euro | 3.87% | |
| Cash | 2.04% | |
| Brazilian Real | 0.63% | |
| Other Currencies | 4.92% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 97.95% | - | |
United Kingdom
|
- | 97.95% | |
| Property | 1.41% | - | |
| Developed Europe - Excl UK | 0.35% | - | |
Switzerland
|
- | 0.29% | |
Ireland
|
- | 0.06% | |
| Middle East & Africa | 0.11% | - | |
Israel
|
- | 0.11% | |
| Cash and Equivalents | 0.09% | - | |
| Non-Classified | 0.07% | - | |
| Developed Asia | 0.01% | - | |
Singapore
|
- | 0.01% | |
Breakdown By Market Cap (%)
| Mega |
|
57.68% |
| Large |
|
19.22% |
| Medium |
|
9.52% |
| Small |
|
1.40% |
| Micro |
|
0.09% |
| Non-Classified |
|
12.01% |
| Cash |
|
0.09% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | ASTRAZENECA | 8.00% | Pharmaceuticals & Biotechnology | United Kingdom |
| 2 | HSBC HOLDINGS | 7.89% | Banks | United Kingdom |
| 3 | SHELL | 6.21% | Non-Renewable Energy | United Kingdom |
| 4 | UNILEVER | 6.18% | Personal Care, Drug & Grocery Stores | United Kingdom |
| 5 | RELX | 3.73% | Media | United Kingdom |
| 6 | DIAGEO | 3.09% | Beverages | United Kingdom |
| 7 | LONDON STOCK EXCHANGE GROUP | 3.06% | Finance & Credit Services | United Kingdom |
| 8 | GSK | 2.96% | Pharmaceuticals & Biotechnology | United Kingdom |
| 9 | RIO TINTO | 2.78% | Industrial Metals & Mining | United Kingdom |
| 10 | NATIONAL GRID | 2.53% | Gas, Water & Multi-utilities | United Kingdom |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 1.50% | - | - | - | - | - | - | - | 1.50% |
| Telecommunications | 1.46% | - | - | - | - | - | - | - | 1.46% |
| Financials | 26.14% | 0.11% | - | - | - | - | - | - | 26.25% |
| Real Estate | 0.79% | - | - | - | - | 1.41% | - | - | 2.20% |
| Consumer Discretionary | 13.19% | - | - | - | - | - | - | - | 13.19% |
| Consumer Staples | 14.44% | 0.34% | - | - | - | - | - | - | 14.78% |
| Energy | 8.74% | - | - | - | - | - | - | - | 8.74% |
| Utilities | 4.92% | - | - | - | - | - | - | - | 4.92% |
| Health Care | 14.05% | - | - | - | - | - | - | - | 14.05% |
| Industrials | 7.41% | 0.01% | - | - | - | - | - | - | 7.42% |
| Basic Materials | 5.32% | 0.01% | - | - | - | - | - | - | 5.34% |
| Cash and Equivalents | - | - | - | - | - | - | - | 0.09% | 0.09% |
| Non-Classified | - | - | - | - | - | - | 0.07% | - | 0.07% |
Important Information
All rights in the FTSE4Good Global Equity Index vest in FTSE International Limited (“FTSE”). “FTSE®” is a trade mark of the London Stock Exchange Plc and The Financial Times Limited and is used by FTSE under licence. The Ethical Global Equity Index Fund has been developed solely by Legal & General Investment Management Limited. The Index is calculated by FTSE or its agent. FTSE and its licensors do not sponsor, advise, recommend, endorse or promote this Ethical Global Equity Index Fund and are not in any way connected to it and do not accept any liability (including in negligence or otherwise) to any person for any loss arising out of use of the Index by any person or in relation to the Ethical Global Equity Index Fund’s issue, operation or trading or as a result of an investment in the Ethical Global Equity Index Fund. FTSE makes no claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the Ethical Global Equity Index Fund or as to the fitness or suitability of the Index for the particular purpose to which it is being put by Legal & General Investment Management Limited.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2023. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | BWV0BD2 |
| Mex Code | PUZZC |
| Isin Code | GB00BWV0BD26 |
| Citi Code | M9ZM |
Fund Charges
| Annual Management Charge (AMC) | Please refer to the "Fund Guide" for your specific pension plan |
Aims and Benchmark
| Aims | Objective: The investment strategy of the fund is to purchase units in the LGIM FTSE4Good UK Equity Index - the underlying fund. Underlying Fund Objective: The fund aims to track the sterling total returns of the FTSE4Good UK Equity Index (including re-invested income, less withholding tax) to within +/- 0.5% per annum for two years in three. |
| Benchmark | FTSE4Good UK Equity Index |
| ABI Sector | UK All Companies |
Important Information
All rights in the FTSE4Good Global Equity Index vest in FTSE International Limited (“FTSE”). “FTSE®” is a trade mark of the London Stock Exchange Plc and The Financial Times Limited and is used by FTSE under licence. The Ethical Global Equity Index Fund has been developed solely by Legal & General Investment Management Limited. The Index is calculated by FTSE or its agent. FTSE and its licensors do not sponsor, advise, recommend, endorse or promote this Ethical Global Equity Index Fund and are not in any way connected to it and do not accept any liability (including in negligence or otherwise) to any person for any loss arising out of use of the Index by any person or in relation to the Ethical Global Equity Index Fund’s issue, operation or trading or as a result of an investment in the Ethical Global Equity Index Fund. FTSE makes no claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the Ethical Global Equity Index Fund or as to the fitness or suitability of the Index for the particular purpose to which it is being put by Legal & General Investment Management Limited.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2023. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.
Charges and further costs may vary in the future and may be higher than they are now.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
These risk ratings have been developed by Prudential to help provide an indication of a fund’s potential level of risk and reward based on the type of assets which may be held by the fund. Other companies may use different descriptions and as such these risk ratings should not be considered as generic across the fund management industry.
We regularly review our fund risk ratings, so they may change in the future. If, in our view, there is a material change in the fund's level of risk, for example due to a significant change to the assets held by the fund or in the way the fund is managed, we will provide information on the new risk rating. We recommend that you make sure you understand the risk rating of any fund before you invest.
You should also consider discussing your decision and the appropriateness of a fund's risk rating with an adviser.
Higher Risk
These are specialist equity funds that focus on set geographical regions or a particular type of share e.g. shares of smaller companies or those that conform to certain criteria.
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Important Information
This factsheet is intended for the trustees, sponsors, advisers and members of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. Its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. If you are not familiar with any of the investment terminology included, then please contact an adviser. Investors should refer to their scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
All rights in the FTSE4Good Global Equity Index vest in FTSE International Limited (“FTSE”). “FTSE®” is a trade mark of the London Stock Exchange Plc and The Financial Times Limited and is used by FTSE under licence. The Ethical Global Equity Index Fund has been developed solely by Legal & General Investment Management Limited. The Index is calculated by FTSE or its agent. FTSE and its licensors do not sponsor, advise, recommend, endorse or promote this Ethical Global Equity Index Fund and are not in any way connected to it and do not accept any liability (including in negligence or otherwise) to any person for any loss arising out of use of the Index by any person or in relation to the Ethical Global Equity Index Fund’s issue, operation or trading or as a result of an investment in the Ethical Global Equity Index Fund. FTSE makes no claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the Ethical Global Equity Index Fund or as to the fitness or suitability of the Index for the particular purpose to which it is being put by Legal & General Investment Management Limited.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2023. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with gross income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.
This factsheet is intended for the trustees, sponsors, advisers and members of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. Its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. If you are not familiar with any of the investment terminology included, then please contact an adviser. Investors should refer to their scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
'Prudential' is a trading name of Prudential Pensions Limited. Prudential Pensions Limited is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 992726. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.