Fact sheet: L&G Cash Trust

Fund information

Fund name
L&G Cash Trust I Acc
Fund company manager
Legal & General UT Mgr Ltd
Fund type
UKA
Fund manager
Alistair Hassard
since 01/11/2001
Fund objective
The objective of this fund is to maintain capital and to providea return in line with money market rates, before charges.The fund will generally invest in short term deposits,certificates of deposit, government bonds (predominantly UK)issued in pounds sterling (a type of loan which pays interest)and Repos. Repos are an agreement between two parties tosell or buy an asset and later reverse the trade at an agreeddate and price.In stressed market conditions, the fund may be invested up to100% in government and public securities issued by a singleissuer.The maximum maturity of the instruments the fund invests inis 397 days but the fund must maintain a weighted averagematurity of less than 60 days.The bonds that the fund invests in must be investment grade(rated as lower risk). Investment grade bonds are bonds thathave achieved a higher credit rating from a rating agency.Credit ratings give an indication of how likely it is that theissuer of a bond will be able to pay back interest and the loanon time.The fund may use derivatives (contracts which have a valuelinked to the price of another asset) to:• reduce risk or cost; or• generate additional capital or income with no, or anacceptably low, level of risk.The fund may also invest in other fixed income securities,other money market instruments and collective investmentschemes.This fund:• is not the same as a bank or building society account. Yourmoney is not protected under the UK deposit protectionscheme;• is appropriate for investors looking to add a cash elementto their portfolio or those who wish to invest for a shortperiod of time.If you do not understand this document we recommend youseek additional information to help you decide if this fund isright for you.
Benchmark
IA Money Market
Investment style
Liquidity
Investment method
Deposits

Performance snapshot

Quick stats

1 Year return

0.21 %

1 Year rank in sector

3/8

Sector

UT Short Term Money Market

Yield

0.1

Fund size

£ 1.3 b

FE Risk score
-
NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    45.15%
  • Japan
    10.67%
  • France
    10.3%
  • Netherlands
    9.54%
  • United Arab Emirates
    8.4%
  • Money Market
    100%
  • Money Market
    100%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.02 %0.1 %0.21 %0.62 %1.02 %
Sector0.01 %0.06 %0.12 %0.35 %0.43 %
Rank within sector2 / 94 / 93 / 83 / 82 / 8
Quartile th1 st2 nd2 nd2 nd1 st

Calendar performance

YTD-20172016201520142013
Fund0.08 %0.21 %0.23 %0.16 %0.18 %
Sector0.04 %0.14 %0.12 %0.02 %0.02 %
Rank within sector2 / 94 / 82 / 84 / 82 / 8
Quartile th1 st2 nd1 st2 nd1 st

Risk statistics

Alpha0.19
Beta0.11
Sharpe-
Volatility0.02
Tracking error0.03
Information ratio3.12
R-Squared0.01

Price movement

52 week high97
52 week low96.8
Current bid price97
Current offer price97
Current mid price0

Holdings by region

  • 45.15% UK
  • 10.67% Japan
  • 10.3% France
  • 9.54% Netherlands
  • 8.4% United Arab Emirates
  • 5.23% USA
  • 4.61% Money Market
  • 4.57% Sweden
  • 0.77% Canada
  • 0.76% Ireland

Holdings by sector

  • 100% Money Market

Holdings by asset type

  • 100% Money Market

Individual holdings

  • 3.96% BANK OF TOKYO-MITSUBISHI UFJ LTD/LONDON
  • 3.81% COOPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK B.A. DBA RABOBANK NEDERLAND
  • 3.81% FIRST ABU DHABI BANK PJSC
  • 3.81% SUMITOMO MITSUI FINANCIAL GROUP INC
  • 3.05% BNP PARIBAS SA/LONDON
  • 3.05% BRED BANQUE POPULAIRE COBPFA
  • 3.05% SVENSKA HANDELSBANKEN
  • 2.29% CREDIT SUISSE GROUP 4.75% LN STK 05/08/19 EUR1000