Collectives

ICAV (UCITS compliant)

L&G Euro Treasury Bond Index Fund

C-Class GBP Distribution

ISINIE000YUQT9M9

Price

Fund aim

The Fund aims to provide investors with a return in line with the Euro government bond market, as represented by the Bloomberg Euro Treasury Index (the "Index").

Fund snapshot

  • What does it invest in? Invests primarily in bonds that make up the index, issued in euros by governments of Eurozone countries. These bonds will be investment grade bonds (lower risk). The Fund may also use derivatives.
  • How does it invest? Passively managed, aiming to replicate the performance of the index.

Fund facts

Fund size€95.7m
Base currencyEUR
Fund launch date8 Dec 2016
DomicileIreland
Share class launch30 Aug 2023
Modified duration7.22 years
Gross redemption yield (unhedged)2.88%
As at 31 Jan 2024

Benchmark

Bloomberg Euro Aggregate Treasury Index

Costs

Initial charge0.00%
Ongoing charges figure0.16%
Dilution levy0.142% - round trip
Entry anti-dilution levy0.07%
Exit anti-dilution levy0.07%

Performance

As this share class has been in existence for less than one calendar year, there is insufficient data to provide a useful indication of past performance.

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 GBP

Data for the selected period isn't currently available

Portfolio breakdown

As at 31 Jan 2024

Top 10 holdings7.8%
Rest of portfolio92.2%
No. of issuers in fund20
No. of issuers in index20

Top 10 holdings (%)

French Govt Bond OAT 2.5% 25 May 300.8
French Govt Bond OAT 2.75% 25 Oct 270.8
French Govt Bond OAT 0.75% 25 May 280.8
French Govt BondOAT 0.75% 25 Feb 280.8
French Govt Bond OAT 1.5% 25 May 310.8
French Govt Bond OAT 1% 25 Nov 250.8
French Govt Bond OAT 0.25% 25 Nov 260.8
Deutsche Bundesanleihe 2.3% 15 Feb 330.8
French Govt Bond OAT 0.75% 25 Nov 280.7
French Govt Bond OAT 0% 25 Nov 300.7

Country (%)

France
24.4
Italy
21.8
Germany
18.9
Spain
14.3
Belgium
5.2
Netherlands
4.4
Austria
3.5
Portugal
2.0
Ireland
1.6
Other
3.9

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.

Fund managers

LGIM Index Fund Management Team headshot

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

Prices

Pricing information

Price basisSingle - dilution levy
Price time22:30 Irish time
CurrencyGBP
Monthly price history

Download full price history

Codes and dealing

Codes

ISINIE000YUQT9M9
SEDOLBMTY6R5
BloombergLGTRCGI ID
MEXLEABFN

Dealing information

Valuation frequencyDaily, 22:30 Irish time
Dealing frequencyEach Irish and UK Business Day
Settlement periodT+2
Administrator/CustodianNorthern Trust

Country registration

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

Ireland
United Kingdom

For valuations and account queries contact:

Legal & General ICAV
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

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.

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