Fact sheet: L&G Ethical Trust

Fund information
Fund name
L&G Ethical Trust I Acc
Fund manager company
Legal & General UT Mgr Ltd
Fund type
Unit Trust
Fund managers
  • LGIM Index Fund Management Teamsince 30/09/2013
Fund objective
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 company shares. These shares will be from companies in the FTSE 350 Index whose business meets the ethical and environmental guidelines of the fund. The Index consists of shares of the 350 largest companies listed on the UK stock market. 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 is managed with reference to the FTSE 350. The fund is managed closely to that benchmark after allowing for the removal of companies that do not meet its objective. The fund may use derivatives (contracts which have a value linked to the price of another asset) to: • reduce risk or cost; or • generate additional capital or income with no, or an acceptably low, level of risk
Benchmark
  • EIRIS Filtered FTSE 350 Index
Investment style
Passive/Tracking
Investment method
Physical - Full, Shares
Quick stats
1 Year return
5.9%
1 Year rank in sector
173/274
Sector
UT UK All Companies
Yield
2.8%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.31%
Fund size
£300m (£314m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
90
Bid price
106.5
Offer price
107
Top in this sector
Fund name1 Year
MI Chelverton UK Equ Grth22.5%
MFM Bowland20.6%
Stan Life Inv UKEqUncns20.3%
CFP SDLUKBftolgy19.2%
CFP SDL Free Spirit19.1%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK100%
  • Financials31.6%
    Consumer Services18.4%
    Industrials15.7%
    Telecommunications8.4%
    Basic Materials7.3%
  • UK Equities100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4%-1.8%0.9%5.9%11.7%52.5%
Sector3.1%-2.8%0%7%18.9%50.1%
Rank within sector73 / 28069 / 27884 / 277173 / 274219 / 259109 / 244
Quartile2nd1st2nd3rd4th2nd
Calendar performance
 YTD - 20182017201620152014
Fund-1.7%12.1%2.4%9.3%2.6%
Sector-1.9%13.8%11.2%3.7%0.6%
Rank within sector109 / 277164 / 272242 / 26264 / 25664 / 249
Quartile2nd3rd4th1st2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-3.02
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.14
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
10.92
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
3.53
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.67
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.91
Price movement
52 week high109.4
52 week low100.1
Current bid price106.5
Current offer price107
Current mid price-
Region
1UK100%
Industry sector
1Financials31.6%
2Consumer Services18.4%
3Industrials15.7%
4Telecommunications8.4%
5Basic Materials7.3%
6Health Care6.2%
7Consumer Goods5.1%
8Utilities4.2%
9Technology2.6%
Asset type
1UK Equities100%
Individual holdings
1VODAFONE GROUP5.9%
2LLOYDS BANKING GROUP PLC5.3%
3PRUDENTIAL PLC5.1%
4BHP BILLITON PLC3.3%
5SHIRE PLC3%
6NATIONAL GRID2.7%
7AVIVA PLC2.2%
8BT GROUP2.2%
9CRH PLC2.2%
Management
Fund manager group
Legal & General UT Mgr
Fund manager company
Legal & General UT Mgr Ltd
Fund type
Unit Trust
Fund objective
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 company shares. These shares will be from companies in the FTSE 350 Index whose business meets the ethical and environmental guidelines of the fund. The Index consists of shares of the 350 largest companies listed on the UK stock market. 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 is managed with reference to the FTSE 350. The fund is managed closely to that benchmark after allowing for the removal of companies that do not meet its objective. The fund may use derivatives (contracts which have a value linked to the price of another asset) to: • reduce risk or cost; or • generate additional capital or income with no, or an acceptably low, level of risk
Benchmark
  • EIRIS Filtered FTSE 350 Index
Investment style
Passive/Tracking
Investment method
Physical - Full, Shares
Fund managers
NameSinceBiography
LGIM Index Fund Management Team30/09/2013The 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.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Ethical Trust F Acc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.45%
Total expense ratio (TER)-
Bid price100.9
Offer price101.4
Mid price-
CurrencyGBX
Price updated19/04/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG5YU
L&G Ethical Trust F Inc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.45%
Total expense ratio (TER)-
Bid price66.23
Offer price66.6
Mid price-
CurrencyGBX
Price updated19/04/2018
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG5YV
L&G Ethical Trust I Acc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.31%
Total expense ratio (TER)-
Bid price106.5
Offer price107
Mid price-
CurrencyGBX
Price updated19/04/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLS85
L&G Ethical Trust I Inc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.31%
Total expense ratio (TER)-
Bid price65.83
Offer price66.19
Mid price-
CurrencyGBX
Price updated19/04/2018
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeLS84
L&G Ethical Trust L Inc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN0DF
L&G Ethical Trust R Acc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.95%
Total expense ratio (TER)-
Bid price96.75
Offer price97.3
Mid price-
CurrencyGBX
Price updated19/04/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLD06
L&G Ethical Trust R Inc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.95%
Total expense ratio (TER)-
Bid price65.74
Offer price66.1
Mid price-
CurrencyGBX
Price updated19/04/2018
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeLC17
Data provided by

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