Fact sheet: L&G Gbl Technology Idx Trst

Fund information
Fund name
L&G Global Technology 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 growth by tracking the performance of those companies in the FTSE World Index which are engaged in Information Technology activities.The fund will invest almost entirely in company shares. The fund's investments will closely match those that make up the Index. The Index consists of company shares from around the world.The fund may use derivatives (contracts which have a value linked to the price of another asset) for the following purposes:•To help with efficient day to day management.•To reduce some of the risks of the market.Your units will be accumulation units. Income from investments held by the fund (dividends) will be reinvested into the value of your units.You can buy or sell units in this fund on any working day. You need to contact us with your instruction before 3 pm. This is the time we calculate unit prices for this fund. If you contact us after 3 pm, 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 World Inf Tech
Investment style
Passive/Tracking
Investment method
Physical - Full, Shares
Quick stats
1 Year return
49.2%
1 Year rank in sector
1/7
Sector
UT Technology & Telecommunications
Yield
1%
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.
0.32%
Fund size
£183m (£82m 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.
120
Bid price
38.48
Offer price
38.52
Top in this sector
Fund name1 Year
L&G Gbl Technology Idx Trst49.2%
Neptune Global Technology48%
AXA Framlington Gbl Tech47.5%
Henderson Global Technology46.9%
Cavendish Technology46.5%
...more in UT Technology & Telecommunications

Performance snapshot

Holdings snapshot

  • USA83.5%
    Taiwan4.8%
    Japan3.5%
    Germany2.3%
    Korea1.3%
  • Technology99.8%
    Cash & Cash Equivalents0.2%
  • US Equities83.5%
    Taiwanese Equities4.8%
    Japanese Equities3.5%
    German Equities2.3%
    South Korean Equities1.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%5.5%8.7%49.2%98.4%136.9%
Sector1.6%6.9%9.1%42.2%71.6%113.6%
Rank within sector6 / 77 / 74 / 71 / 72 / 61 / 6
Quartile4th4th3rd1st2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund8.4%35.7%7.5%26.5%24.5%
Sector9.9%25.2%8%14%28.3%
Rank within sector6 / 71 / 75 / 61 / 64 / 6
Quartile4th1st4th1st3rd
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.
5.07
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.
1.04
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.
1.53
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%.
14.28
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.
5.18
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.
1.08
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.
0.87
Price movement
52 week high39.45
52 week low25.17
Current bid price38.48
Current offer price38.52
Current mid price-
Region
1USA83.49%
2Taiwan4.8%
3Japan3.47%
4Germany2.32%
5Korea1.25%
6France1.17%
7Netherlands0.94%
8Sweden0.64%
9Finland0.63%
Industry sector
1Technology99.81%
2Cash & Cash Equivalents0.19%
Asset type
1US Equities83.49%
2Taiwanese Equities4.8%
3Japanese Equities3.47%
4German Equities2.32%
5South Korean Equities1.25%
6French Equities1.17%
7Dutch Equities0.94%
8Swedish Equities0.64%
9Finnish Equities0.63%
Individual holdings
1APPLE TECHNOLOGY15.78%
2MICROSOFT CORP10.45%
3ALPHABET INC5.35%
4ALPHABET INC5.15%
5FACEBOOK INC4.81%
6INTERNATIONAL BUS MACH CORP3.82%
7INTEL CORP3.76%
8CISCO SYSTEMS INC3.75%
9TAIWAN SEMICONDUCTOR MANUFACTURING3.15%
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 tracking the performance of those companies in the FTSE World Index which are engaged in Information Technology activities.The fund will invest almost entirely in company shares. The fund's investments will closely match those that make up the Index. The Index consists of company shares from around the world.The fund may use derivatives (contracts which have a value linked to the price of another asset) for the following purposes:•To help with efficient day to day management.•To reduce some of the risks of the market.Your units will be accumulation units. Income from investments held by the fund (dividends) will be reinvested into the value of your units.You can buy or sell units in this fund on any working day. You need to contact us with your instruction before 3 pm. This is the time we calculate unit prices for this fund. If you contact us after 3 pm, 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 World Inf Tech
Investment style
Passive/Tracking
Investment method
Physical - Full, Shares
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
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Global Technology Index Trust F Acc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.46%
Total expense ratio (TER)-
Bid price36.53
Offer price36.57
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG5ZE
L&G Global Technology Index Trust I Acc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.32%
Total expense ratio (TER)-
Bid price38.48
Offer price38.52
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL559
L&G Global Technology Index Trust R Acc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.16%
Total expense ratio (TER)-
Bid price35.35
Offer price35.39
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLF03
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