Collectives

SICAV (UCITS compliant)

L&G Emerging Markets Bond Fund

I-Class EUR (Hedged) Accumulation

ISINLU2253101658

Fact Sheet

(English)

KID

(Spanish)

Prospectus

(English)

Fund aim

The objective of the Fund is to provide long term return consisting of a combination of capital growth and income.

The Fund is actively managed and seeks to achieve this objective by investing in a broad range of fixed income securities of which at least 80% will be issued in US Dollar, Sterling or Euro by Developing/Emerging Market governments and corporates.

The Fund will seek to achieve its objective while maintaining a lower weighted average carbon intensity than the Benchmark Index.

Fund snapshot

  • What does it invest in? Invests predominantly in fixed income securities including bonds and other debt instruments, issued in a variety of currencies by companies and governments in emerging countries.
  • How does it invest? Actively managed, investing in debt which is a mixture of investment grade (lower risk) and sub-investment grade (higher risk). May also invest in unrated bonds, other types of securities and derivatives.
  • Does it promote sustainability characteristics? The Fund promotes a range of environmental and social characteristics. Further information on how such characteristics are met by the Fund can be found in the Supplement.

Fund facts

Fund size
Base currency USD
Fund launch date 24 Oct 2016
Share class launch 22 Oct 2024
Domicile Luxembourg
Modified duration 5.34 years
Gross redemption yield (unhedged) 7.59%
As at 30 Sept 2026

Benchmark

Blended benchmark consisting of 50% JP Morgan EMBIG Div Total Return Index and 50% JP Morgan CEMBI Div Total Return Index

Performance

Performance for the I EUR (Hedged) Acc unit class in EUR, launched on 22 October 2024. Source: Lipper. This fund has adopted a single swinging price, this means that on any given day the single dealing price will be set at either bid, offer or somewhere in between, based on whether there was a net inflow or outflow into or out of the Fund. The past performance depicted in this factsheet is based on that dealing price and therefore may appear more volatile than it would otherwise be if we were to show the notional bid or offer performance, this is as a result of the daily swing. Fund returns shown are based on prices as at the last fund trading day for the month. Due to bank holidays this may impact relative performance to any benchmarks which are priced on a bank holiday which falls within a month but after the last fund trading day for that month.
Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past. The tables and charts above shows the fund's performance as the percentage loss or gain per year over the last 10 years.
Share class launch date: 22 Oct 2024
Benchmark: Blended benchmark consisting of 50% JP Morgan EMBIG Div Total Return Index and 50% JP Morgan CEMBI Div Total Return Index
Share class launch date: 22 Oct 2024
Benchmark: Blended benchmark consisting of 50% JP Morgan EMBIG Div Total Return Index and 50% JP Morgan CEMBI Div Total Return Index

Performance scenarios

The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back.
What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted.
The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product with input from the over the last 10 years. Markets could develop very differently in the future.

Example investment: 10,000 EUR

Data for the selected period isn't currently available

Portfolio breakdown

As at 30 Sep 2026

Top 10 issuers19.8%
Rest of portfolio80.2%
No. of issuers175

Top 10 issuers (%)

United Mexican States4.1
Republic of Colombia2.0
Kingdom of Saudi Arabia1.9
Dominican Republic1.9
Republic of the Philippines1.8
Republic of Turkiye1.7
Federal Republic of Nigeria1.7
Republic of Poland1.6
Sultanate of Oman1.6
Khazanah Nasional Bhd1.5

Currency (%)

USD
99.8
EUR
0.1
Other
0.1
This is the currency breakdown before allowing for any hedging the fund may use. We aim to hedge the portfolio 100% back to the base currency.

All data source LGIM unless otherwise stated. Totals may not sum due to rounding.

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Fund managers

Uday Patnaik headshot

Uday Patnaik

Uday is responsible for developing L&G’s emerging market capabilities within the Global Fixed Income team. Uday joined L&G in April 2014 from Gulf International Bank (UK) Ltd where he held the title of Chief Investment Officer with primary responsibility for managing the flagship EMD hedge fund and other fixed income portfolios. Uday has an MBA in finance from the University of Chicago and a BSc degree in industrial management from Carnegie Mellon University.

SFDR categorisation

SFDR Product Summary

SFDR Product Summary (Spanish)

LGIME PAI entity report

Environmental characteristics
Social characteristics

No reference benchmark has been designated for the purpose of attaining the environmental or social characteristics promoted by the Fund.

Whilst environmental and social characteristics are promoted through the application of the sustainability-related investment strategy, investors are reminded that these environmental and social characteristics are not sustainable investment objectives.

Literature

Prices

Pricing information

Price basisSingle swing
Price time23:00 CET
CurrencyEUR
Monthly price history

Download full price history

Codes and dealing

Codes

ISINLU2253101658
SEDOLBMHKXM9
BloombergLGEBIEH LX
MEX8HAAFM

Dealing information

Valuation frequencyDaily, 23:00 CET
Dealing frequencyEach Business Day
Settlement periodT+3
Administrator/CustodianNorthern Trust

Country registration

This share class is registered for sale in the following countries:

Denmark
Finland
Germany
Italy
Luxembourg
Netherlands
Norway
Spain
Sweden
Switzerland
United Kingdom

For valuations and account queries contact:

Legal & General ICAV
LGIM Liquidity Funds Plc
Northern Trust International Fund Administration Services (Ireland) Limited
City East Plaza - Block A
Towlerton
Ballysimon Road
Limerick
Ireland
V94 X2N9
Fax: +353 1 434 5293
Telephone: +353 1 434 5080
Email: LGIM_ta_queries@ntrs.com

Legal & General SICAV
Northern Trust Global Services SE
10 Rue du Château d'Eau
L-3364 Leudelange
Grand-Duché de Luxembourg
Fax: +352 28 294 454
Telephone: +352 28 294 123
Email: LGIM-TA-LUX@ntrs.com

For Facilities agent services contact:

FE fundinfo
Email: fa_gfr@fefundinfo.com

Important information

This information is intended for investment professionals only and is for information purposes only. It should not be distributed without our permission.

No investment decisions should be made without first reviewing the key information document and prospectus (and any supplements thereto) of the relevant product which includes information on certain risks associated with an investment.

Unless otherwise agreed in writing, the Information on this website (a) is for information purposes only and we are not soliciting any action based on it, and (b) is not a recommendation to buy or sell securities or pursue a particular investment strategy; and (c) is not investment, legal, regulatory or tax advice. Any trading or investment decisions taken by you should be based on your own analysis and judgment (and/or that of your professional advisers) and not in reliance on us or the Information.

This information is only directed at investors resident in jurisdictions where each fund is registered for sale. It is not an offer or invitation to persons outside of those jurisdictions. We reserve the right to reject any applications from outside of such jurisdictions.

All information detailed on this website is current at the time of publication and may be changed in the future.

Following the imposition of sanctions on Russian securities and assets being removed from indices the market has been effectively frozen for foreign investors and all equity positions have been marked to zero in line with LGIM’s fair value pricing policy. Regardless of being priced at zero LGIM funds may still own these securities and any value realised in the future will be for the sole benefit of the relevant fund. LGIM will seek to divest from such securities at such a time that market conditions allow consistent with our fiduciary duties and applicable sanctions.

Source and third party data

Source: Unless otherwise indicated all data contained on this website is sourced from Legal & General Investment Management Limited.

Where this document contains third party data ('Third Party Data’), we cannot guarantee the accuracy, completeness or reliability of such Third Party Data and accept no responsibility or liability whatsoever in respect of such Third Party Data.

Issuer

Issued by LGIM Managers (Europe) Limited as management company for this fund. Registered in Ireland No. 609677. Registered Office: 33/34 Sir John Rogerson’s Quay, Dublin, 2, Ireland. Authorised and Regulated by the Central Bank of Ireland No. C173733.

Legal & General Investment Management Limited has been appointed as the discretionary investment manager for these Funds and is Registered in England and Wales No. 02091894. Registered Office: One Coleman Street, London, EC2R 5AA, United Kingdom. Authorised and regulated by the Financial Conduct Authority, No. 119272.

Index disclaimer

Information has been obtained from sources believed to be reliable but J.P. Morgan does not warrant its completeness or accuracy. The Index is used with permission. The Index may not be copied, used, or distributed without J.P. Morgan’s prior written approval. Copyright 2026, J.P. Morgan Chase & Co. All rights reserved.