L&G Emerging Markets Equity Index Fund
ICAV (UCITS compliant)
L&G Emerging Markets Equity Index Fund
I-Class CHF (Unhedged) Accumulation
ISINIE000FPIKLY4
Price
ISINIE000FPIKLY4
Price
Fund aim
The Fund aims to track the performance of the Emerging Markets equity market as represented by the MSCI Emerging Markets Index (the "Index").
Fund snapshot
- What does it invest in? Invests primarily in shares that make up the index, issued by medium to large companies from developing markets. The Fund may also use derivatives.
- How does it invest? Passively managed, aiming to replicate the performance of the index.
Fund facts
| Fund size | $1,168.8m |
| Base currency | USD |
| Fund launch date | 2 Feb 2017 |
| Domicile | Ireland |
| Share class launch | 8 Feb 2022 |
Benchmark
MSCI Emerging Markets Index
Costs
| Initial charge | 0.00% |
| Ongoing charges figure | 0.25% |
| Dilution levy | 0.315% - round trip |
| Entry anti-dilution levy | 0.13% |
| Exit anti-dilution levy | 0.18% |
Performance
| As at 31 Jan 2024 | 1m | 3m | YTD | 1y | 3y | Launch | 3y p.a. | Launch p.a. |
|---|---|---|---|---|---|---|---|---|
| I Acc CHF | -2.85 | 0.83 | -2.85 | -9.61 | - | -21.97 | - | -11.79 |
| Benchmark | -2.81 | 0.87 | -2.81 | -9.37 | - | -21.62 | - | -11.59 |
| Relative | -0.04 | -0.04 | -0.04 | -0.24 | - | -0.35 | - | -0.20 |
| As at 31 Jan 2024 | 1m | 3m | YTD | 1y | 3y | Launch | 3y p.a. | Launch p.a. |
|---|---|---|---|---|---|---|---|---|
| I Acc CHF | -2.85 | 0.83 | -2.85 | -9.61 | - | -21.97 | - | -11.79 |
| Benchmark | -2.81 | 0.87 | -2.81 | -9.37 | - | -21.62 | - | -11.59 |
| Relative | -0.04 | -0.04 | -0.04 | -0.24 | - | -0.35 | - | -0.20 |
| As at 31 Dec 2023 | 3m | YTD | 1y | 3y | Launch | 3y p.a. | Launch p.a. |
|---|---|---|---|---|---|---|---|
| I Acc CHF | -0.78 | -0.31 | -0.31 | - | -19.68 | - | -10.93 |
| Benchmark | -0.76 | -0.09 | -0.09 | - | -19.35 | - | -10.77 |
| Relative | -0.02 | -0.22 | -0.22 | - | -0.33 | - | -0.16 |
| To 31 Dec | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|
| To 31 Dec | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual |
|---|
Performance scenarios
Example investment: 10,000 CHF
| Scenarios | 1 year | (Recommended holding period) 5 years | |
|---|---|---|---|
| Minimum | There is no minimum guaranteed return. You could lose some or all of your investment. | ||
| Stress scenario | What you might get back after costs | 4,200 CHF | 4,210 CHF |
| Average return each year (%) | -57.96 | -15.90 | |
| Unfavourable scenario | What you might get back after costs | 7,480 CHF | 6,000 CHF |
| Average return each year (%) | -25.17 | -9.70 | |
| Moderate scenario | What you might get back after costs | 10,370 CHF | 13,070 CHF |
| Average return each year (%) | 3.69 | 5.51 | |
| Favourable scenario | What you might get back after costs | 14,500 CHF | 20,800 CHF |
| Average return each year (%) | 44.98 | 15.77 | |
There is no minimum guaranteed return. You could lose some or all of your investment.
Portfolio breakdown
As at 31 Jan 2024
| Top 10 holdings | 23.1% |
|---|---|
| Rest of portfolio | 76.9% |
| No. of holdings in fund | 1,448 |
|---|---|
| No. of holdings in index | 1,440 |
Top 10 holdings (%)
| Taiwan Semiconductor Manufacturing Co | 7.3 |
| Samsung Electronics Co | 3.9 |
| Tencent Holdings | 3.4 |
| Alibaba Group Holding | 2.2 |
| Reliance Industries | 1.6 |
| PDD Holdings ADR | 1.1 |
| Infosys | 1.0 |
| Icici Bank | 1.0 |
| China Construction Bank H | 0.9 |
| SK Hynix | 0.8 |
Sector (%)
Financials | 23.1 |
Information Technology | 22.2 |
Consumer Discretionary | 12.1 |
Communication Services | 8.7 |
Materials | 7.4 |
Industrials | 6.8 |
Consumer Staples | 5.9 |
Energy | 5.7 |
Health Care | 3.6 |
Other | 4.5 |
| Top 10 holdings | 23.1% |
|---|---|
| Rest of portfolio | 76.9% |
| No. of holdings in fund | 1,448 |
|---|---|
| No. of holdings in index | 1,440 |
Top 10 holdings (%)
| Taiwan Semiconductor Manufacturing Co | 7.3 |
| Samsung Electronics Co | 3.9 |
| Tencent Holdings | 3.4 |
| Alibaba Group Holding | 2.2 |
| Reliance Industries | 1.6 |
| PDD Holdings ADR | 1.1 |
| Infosys | 1.0 |
| Icici Bank | 1.0 |
| China Construction Bank H | 0.9 |
| SK Hynix | 0.8 |
Sector (%)
Financials | 23.1 |
Information Technology | 22.2 |
Consumer Discretionary | 12.1 |
Communication Services | 8.7 |
Materials | 7.4 |
Industrials | 6.8 |
Consumer Staples | 5.9 |
Energy | 5.7 |
Health Care | 3.6 |
Other | 4.5 |
Market capitalisation (%)
Large | 80.2 |
Mid | 19.8 |
Country (%)
China | 24.9 |
India | 18.0 |
Taiwan | 16.6 |
Korea | 12.3 |
Brazil | 5.8 |
Saudi Arabia | 4.3 |
South Africa | 3.0 |
Mexico | 2.8 |
Indonesia | 1.9 |
Other | 10.4 |
All data source LGIM unless otherwise stated. Totals may not sum due to rounding. In order to minimise transaction costs, the Fund will not always own all the assets that constitute the index and on occasion it will own assets that are not in the index. The figures shown for market capitalisation (the total share value of a company) may not be comparable between funds as they can be measured and classed in different ways.
Fund managers
LGIM Index Fund Management Team
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.
Literature
Document type
Prices
Pricing information
| Price basis | Single - dilution levy |
| Price time | 22:30 Irish time |
| Currency | CHF |
Codes and dealing
Codes
| ISIN | IE000FPIKLY4 |
| SEDOL | BKZ72P4 |
| Bloomberg | LGMEIIC ID |
| MEX | - |
Dealing information
| Valuation frequency | Daily, 22:30 Irish time |
| Dealing frequency | Each Irish and UK Business Day |
| Settlement period | T+2 |
| Administrator/Custodian | Northern Trust |
Country registration
This share class is registered for sale in the following countries:
Key risks
Key risks
Investment in the funds described on this website carries a substantial degree of risk and places an investor’s capital at risk. The price and value of investments is not guaranteed and can go down as well as up. An investor may not get back the original amount invested and an investor may lose all of their investment. Investment in the funds described on this website is not suitable for all investors. If an investor is in any doubt as to the suitability of an investment in a fund, an investor should consult an independent financial advisor. The information on this website does not constitute, and should not be construed as, investment advice or a recommendation to buy, sell or otherwise transact in any security including, but not limited to, shares in the funds. An investor should only invest in a fund once that investor has carefully read and understood the prospectus and KIID for the fund which contain further information on the risks and features of the fund.
This fund invests in countries where investment markets are considered to be less developed. This means that investments are generally riskier than those in developed markets because they: may not be as well regulated; may be more difficult to buy and sell; may have less reliable arrangements for the safekeeping of investments; or may be more exposed to political and taxation uncertainties. The value of the fund can go up or down more often and by larger amounts than funds that invest in developed countries, especially in the short term.
The fund could lose money if any institution providing services such as acting as counterparty to derivatives or other instruments, becomes unwilling or unable to meet its obligations to the fund.
Derivatives are highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains.
The fund may have underlying investments that are valued in currencies that are different from sterling (British pounds). Exchange rate fluctuations will impact the value of your investment. Currency hedging techniques may be applied to reduce this impact but may not entirely eliminate it.
We may take some or all of the ongoing charges from the fund's capital rather than the fund's income. This increases the amount of income, but it reduces the growth potential and may lead to a fall in the value of the fund.
