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LEGAL & GENERAL GLOBAL TECHNOLOGY INDEX I

LEGAL & GENERAL GLOBAL TECHNOLOGY INDEX I - Overview

Overview of LEGAL & GENERAL GLOBAL TECHNOLOGY INDEX I Buy in ISA Buy in Investment Account

The fund targets capital growth by tracking the performance of those companies in the FTSE World Index which are engaged in Information Technology. To achieve accurate tracking, the portfolio will closely replicate the holdings in that Index. In common with the underlying index, the fund will have be invested mainly in larger companies and will have a strong bias to the US.

  • Standard Initial Charge 0.00%
  • Initial charge via Bestinvest 0.00%

Fund summary

Sector Technology and Telecoms
Structure UNIT TRUST
Launched August, 2006
Size £230m
Yield 1.0%
Charging basis Income
Dividends paid Acc units only

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.11%
Annual management charge 0.30%
Ongoing charges figure 0.32%

Risks

Before investing make sure you have understood the risks relevant to the fund by reviewing our Risk Warnings section. Further information on the risks are contained in the fund's Key Investor Information Document, which we make available to you before you make a decision to invest, alternatively it is available on request.

Bestinvest view

No information available.

Portfolio

Allocation Proportion(%)
Equity 99
High yield bonds 0
Quality bonds 0
Property 0
Commodities 0
Hedge 0
Fund cash 1
Allocation Proportion(%)
UK 1
Europe 7
North America 80
Japan 4
Pacific 7
Emerging Markets 1
Allocation Proportion(%)
Large Caps 89
Mid Caps 11
Small Caps 0
View all performance data for this fund

Investment process

No information available.

Live feed

Bid price(inc) 44.46p
Accum units 44.40p
Fund commentary
Fund data updated on 23/04/18

Asset allocation

Allocation Proportion(%)
Equity 99
High yield bonds 0
Quality bonds 0
Property 0
Commodities 0
Hedge 0
Fund cash 1

Equity Geographic

Allocation Proportion(%)
UK 1
Europe 7
North America 80
Japan 4
Pacific 7
Emerging Markets 1

Equity Capitalisation

Allocation Propor
tion(%)
Large Caps 89
Mid Caps 11
Small Caps 0

Top 10 holdings

As at: 28/02/2018
14.9% Apple Inc
11.5% Microsoft Corp
10.8% Alphabet Inc
4.5% Facebook Inc
3.8% Intel Corp
3.6% Cisco Systems Inc
3.3% Taiwan Semiconductor Manufacturing
2.4% Oracle Corp
2.3% Nvidia Corp
2.2% International Business Ma
Source: Trustnet

Sector breakdown

Technology 100%
Cash & Cash Equivalents 0%

Portfolio details

No information available.

Constraints

No information available.

Average monthly relative returns Bestinvest MRI
13/14 14/15 15/16 16/17 17/18   3 years 5 years Career 3 years 5 years Career
-0.07% -0.02% -0.09% -0.03% -0.20%   -0.11% -0.08% -0.05% 28.10% 28.80% 39.70%
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Tom Hammond

Manager. Hammond joined Legal & General in February 2000 initially as an Investment Reporting analyst and then as a fund accountant for the Linked Life fund. He joined the Index Funds team in November 2005 as an Assistant Manager and was promoted to Fund Manager in September 2008. He manages funds in all regions of the world and currently assists with the management of UK, Global and Asia Pacific equity funds.

Track record

Tom Hammond has 8.2 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.05%. During the worst period of relative performance (from October 2011 - March 2018) there was a decline of 6% relative to the index. The worst absolute loss has been 16%.

Periods of worst performance
Absolute -16% (February 2011 - October 2012)
Relative -6% (October 2011 - March 2018)

Sector record since February 2010 (8 yrs)




About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

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