L&G All Stocks Gilt Index Trust I Acc
- Citicode
- G5YM
- Launch Date
- 19-12-2012
- Fund Size
- £2,381,616,771
- Yield
- 4.00%
- Ongoing Charge
- 0.15%
- Fund Managers
- Index Fund Management Team
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).
Top 10 Holdings
Asset Class
Fund Manager
Index Fund Management Team
Start Date
01-02-2014
Bio
The Index Fund Management team comprises 25 fund managers, supported by two analysts. Management oversight is provided by the Global Head of Index Funds. The team has average industry experience of 15 years, of which seven years has been at LGIM, and is focused on achieving the equally important objectives of close tracking and maximising returns.
Data source:
All financial data is supplied by FE

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