Fact sheet: L&G All Stocks Gilt Index Tst

Fund information
Fund name
L&G All Stocks Gilt Index Trust I Acc
Fund manager company
Legal & General UT Mgr Ltd
Fund type
Unit Trust
Fund managers
  • LGIM Index Fund Management Teamsince 01/02/2014
Fund objective
The objective of this fund is to provide a combination of income and growth (if the income is reinvested) by tracking the performance of the FTSE Actuaries British Government All Stocks Index.The fund will invest in bonds (a type of loan which pays interest). The fund's investments will closely match those that make up the Index. This Index consists of bonds which are issued by the UK Government (known as gilts). The gilts that the fund invests in will be investment grade bonds (rated as lower risk). Investment grade bonds are bonds that have achieved a higher credit rating from 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. 35% or more of the fund can be invested in bonds issued by the UK Government. 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.If you hold accumulation units, income from investments held by the fund (interest) will be reinvested into the value of your units.If you hold distribution units, income from investments held by the fund will be paid out to you every six months (as interest).You can buy or sell units in this fund on any working day. You need to contact us with your instruction before 12 noon. This is the time we calculate unit prices for this fund. If you contact us after 12 noon, the units will be bought or sold at the next working day's price.This fund may not be appropriate for investors who plan to withdraw their money within five years.
Benchmark
  • FTSE Actuaries British Government All Stocks Index
Investment style
Passive/Tracking
Investment method
Physical - Full, Fixed Interest
Quick stats
1 Year return
6%
1 Year rank in sector
25/37
Sector
UT UK Gilts
Yield
1.6%
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.
0.15%
Fund size
£1,343m (£997m 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.
47
Bid price
213.1
Offer price
213.1
Top in this sector
Fund name1 Year
Insight UK Gov Lg Mty bond12.2%
Newton Long Gilt12.1%
Blackrock Inst Bd Over 15 Yr Glt12.1%
Aberdeen Stg Lg Dtd Gov Bd11.8%
Schroder Inst Lg Dtd StgBd11.7%
...more in UT UK Gilts

Performance snapshot

Holdings snapshot

  • UK98.3%
    Money Market1.7%
  • Government Bonds97.9%
    Cash & Cash Equivalents1.7%
    Fixed Interest0.4%
  • UK Gilts98.3%
    Money Market1.7%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.8%-7.4%1.4%6%19.5%20.3%
Sector-1%-7.5%2.9%7.9%23.1%24.1%
Rank within sector19 / 3610 / 3721 / 3725 / 3717 / 3616 / 32
Quartile3rd2nd3rd3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund6.9%0.1%13.1%-4.7%1.8%
Sector9%-0.1%14.3%-4.7%2.2%
Rank within sector24 / 3713 / 3716 / 3614 / 3520 / 32
Quartile3rd2nd2nd2nd3rd
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.
0.12
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.
0.87
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.
0.39
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%.
7.26
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.
1.15
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.
-0.64
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.
1
Price movement
52 week high231.7
52 week low199.2
Current bid price213.1
Current offer price213.1
Current mid price-
Region
1UK98.31%
2Money Market1.69%
Industry sector
1Government Bonds97.94%
2Cash & Cash Equivalents1.69%
3Fixed Interest0.37%
Asset type
1UK Gilts98.31%
2Money Market1.69%
Individual holdings
1TREASURY 4.75% GILT 07/12/30 GBP3.41%
2TREASURY 4.25% GILT 07/06/2032 GBP0.013.4%
3TREASURY 4.5% GILT 7/9/2034 GBP0.013.2%
4TREASURY 5% GILT 20253.2%
5TREASURY 4.25% GILT 07/12/55 GBP0.013.13%
6TREASURY 4% GILT 07/03/22 GBP0.013.1%
7TREASURY 4.25% GILT 07/03/36 GBP0.012.95%
8TREASURY 4.5% GILT 7/12/42 GBP2.9%
9TREASURY 4.25% GILT 7/12/20272.77%
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 a combination of income and growth (if the income is reinvested) by tracking the performance of the FTSE Actuaries British Government All Stocks Index.The fund will invest in bonds (a type of loan which pays interest). The fund's investments will closely match those that make up the Index. This Index consists of bonds which are issued by the UK Government (known as gilts). The gilts that the fund invests in will be investment grade bonds (rated as lower risk). Investment grade bonds are bonds that have achieved a higher credit rating from 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. 35% or more of the fund can be invested in bonds issued by the UK Government. 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.If you hold accumulation units, income from investments held by the fund (interest) will be reinvested into the value of your units.If you hold distribution units, income from investments held by the fund will be paid out to you every six months (as interest).You can buy or sell units in this fund on any working day. You need to contact us with your instruction before 12 noon. This is the time we calculate unit prices for this fund. If you contact us after 12 noon, the units will be bought or sold at the next working day's price.This fund may not be appropriate for investors who plan to withdraw their money within five years.
Benchmark
  • FTSE Actuaries British Government All Stocks Index
Investment style
Passive/Tracking
Investment method
Physical - Full, Fixed Interest
Fund managers
NameSinceBiography
LGIM Index Fund Management Team01/02/2014The Index Fund management team comprises 29 investment professionals with average industry experience of 14 years. Together they are responsible for a wide range of index funds – covering equities, fixed income and alternative asset classes. The team has £277 billion index assets under management. All data as at 31 December 2015
Compliance
FE Passive Rateable, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
L&G All Stocks Gilt Index Trust Acc
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
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM46F
L&G All Stocks Gilt Index Trust C Acc
Initial charge-
Annual charge-
Min single investment£100,000,000
Min regular saving£20,000
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price213.4
Offer price213.4
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJUFD
L&G All Stocks Gilt Index Trust C Inc
Initial charge-
Annual charge-
Min single investment£100,000,000
Min regular saving£20,000
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price120.3
Offer price120.3
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJUFC
L&G All Stocks Gilt Index Trust F Acc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.37%
Total expense ratio (TER)-
Bid price211.6
Offer price211.6
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG5YO
L&G All Stocks Gilt Index Trust F Inc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.37%
Total expense ratio (TER)-
Bid price119.7
Offer price119.7
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG5YP
L&G All Stocks Gilt Index Trust I Acc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£20,000
Available in ISAYes
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price213.1
Offer price213.1
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG5YM
L&G All Stocks Gilt Index Trust I Inc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£20,000
Available in ISAYes
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price120.1
Offer price120.1
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG5YN
L&G All Stocks Gilt Index Trust 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 classRetail
Domicile-
Citi codeM46E
L&G All Stocks Gilt Index 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 codeN0CM
L&G All Stocks Gilt Index Trust M Acc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£20,000
Available in ISAYes
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price212.9
Offer price212.9
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLE07
L&G All Stocks Gilt Index Trust M Inc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£20,000
Available in ISAYes
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price120.1
Offer price120.1
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeLE33
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.