L&G Euro Corporate Bond Plus Fund
SICAV (UCITS compliant)
L&G Euro Corporate Bond Plus Fund
Z-Class USD (Unhedged) Accumulation
ISINLU2620024542
ISINLU2620024542
Please note: The L&G Euro High Alpha Corporate Bond Fund changed name to the L&G Euro Corporate Bond Plus Fund on 29 September 2026.
Fund aim
The objective of the Fund is to provide long term return consisting of a combination of capital growth and income. The Fund aims to deliver this objective while maintaining a lower weighted average carbon intensity than the Benchmark Index.
The Fund is actively managed and seeks to achieve this objective by investing at least 80% of its assets in a variety of Euro denominated fixed interest instruments such as corporate bonds, other fixed or floating-rate debt securities and short-term debt securities. These may include asset-backed securities, mortgage-backed securities (residential & commercial), convertible securities and contingent convertible debt securities.
Fund snapshot
- What does it invest in? Invests predominantly in fixed income securities including corporate bonds and other debt instruments, issued globally and denominated predominantly in Euros, but also in other currencies.
- How does it invest? Actively managed, investing primarily in debt with an investment grade (rated as lower risk) credit rating. May also invest in other types of securities and derivatives. The Fund will typically have higher exposure to assets the Manager believes will generate a higher level of income, relative to other L&G Euro corporate bond funds.
- 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 | EUR |
| Fund launch date | 8 Dec 2014 |
| Share class launch | 28 Jun 2023 |
| Domicile | Luxembourg |
| Modified duration | 4.70 years |
| Gross redemption yield (unhedged) | 4.81% |
Benchmark
Markit iBoxx Euro Corporates Total Return Index
Performance
Portfolio breakdown
As at 30 Sep 2026
| Top 10 issuers | 22.2% |
|---|---|
| Rest of portfolio | 77.8% |
| No. of issuers | 143 |
|---|
Top 10 issuers (%)
| Federal Republic of Germany | 4.5 |
| Volkswagen | 3.2 |
| Raiffeisen Bank International | 2.2 |
| Lloyds Banking Group | 2.1 |
| JPMorgan Chase & Co | 1.9 |
| Space Exploration Technologies | 1.8 |
| Orange | 1.6 |
| NBN Co | 1.6 |
| Deutsche Bank | 1.6 |
| UBS Group | 1.6 |
Currency (%)
EUR | 94.5 |
GBP | 3.7 |
USD | 1.8 |
Other | 0.0 |
| Top 10 issuers | 22.2% |
|---|---|
| Rest of portfolio | 77.8% |
| No. of issuers | 143 |
|---|
Top 10 issuers (%)
| Federal Republic of Germany | 4.5 |
| Volkswagen | 3.2 |
| Raiffeisen Bank International | 2.2 |
| Lloyds Banking Group | 2.1 |
| JPMorgan Chase & Co | 1.9 |
| Space Exploration Technologies | 1.8 |
| Orange | 1.6 |
| NBN Co | 1.6 |
| Deutsche Bank | 1.6 |
| UBS Group | 1.6 |
Currency (%)
EUR | 94.5 |
GBP | 3.7 |
USD | 1.8 |
Other | 0.0 |
Credit rating (%)
| Fund | Benchmark | Relative | ||
|---|---|---|---|---|
| AAA | 4.5 | 0.5 | 4.0 | |
| AA | 4.5 | 8.7 | -4.2 | |
| A | 38.6 | 44.1 | -5.4 | |
| BBB | 45.7 | 46.7 | -1.0 | |
| BB | 5.6 | - | 5.6 | |
| B | 0.0 | - | 0.0 | |
| CCC | 0.2 | - | 0.2 | |
| NR | 0.5 | 0.0 | 0.5 | |
| Cash | 0.3 | - | 0.3 |
Top sector over/underweights (%)
| Fund | Benchmark | Relative | ||
|---|---|---|---|---|
| Real Estate | 9.4 | 4.9 | 4.5 | |
| Sovereign | 4.5 | 0.0 | 4.4 | |
| Telecommunications | 8.8 | 5.5 | 3.3 | |
| Financial Services | 4.1 | 3.0 | 1.2 | |
| Utilities | 12.4 | 11.7 | 0.7 | |
| Banks | 30.7 | 30.3 | 0.4 | |
| Cash and Equivalents | 0.3 | - | 0.3 | |
| Consumer Services | 4.6 | 4.6 | -0.1 | |
| Unknown | -0.1 | - | -0.1 | |
| Insurance | 3.2 | 4.0 | -0.8 | |
| Basic Materials | 1.8 | 2.6 | -0.8 | |
| Oil & Gas | 1.6 | 3.0 | -1.4 | |
| Technology | 0.6 | 2.8 | -2.2 | |
| Industrials | 7.0 | 9.5 | -2.6 | |
| Consumer Goods | 9.8 | 12.5 | -2.6 | |
| Health Care | 1.2 | 5.6 | -4.4 |
All data source LGIM unless otherwise stated. Totals may not sum due to rounding.
Fund managers
Marc Rovers
Marc is head of the European Credit team. He joined L&G in May 2012. Marc previously spent 12 years at Blackrock, first as a senior portfolio manager within Philips Investment Management in Eindhoven and then as Director, Investment Manager in London, where he was responsible for the non-financials management of investment grade portfolios and was a portfolio manager for two Asian credit portfolios. Marc started in the industry in 1995 as a portfolio manager at ABP investments (now APG). He graduated from Tilburg University, Netherlands with an MSc in Economics and is a Certified European Financial Analyst (CEFA).
Connor Olvany
Connor is a portfolio manager in the European Credit team, having joined L&G in May 2014. Before joining the team Connor worked in the Global Buy & Maintain team managing client portfolios. He transferred to London from the LGIMA office in Chicago where he was a portfolio manager in the Active Fixed Income team. Prior to L&G, Connor worked in fixed income sales at RBS Securities. Connor has BA degrees in Mathematics and Economics from Williams College.
SFDR categorisation
Article 8
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.
Environmental characteristicsSocial 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.
The Fund seeks to implement LGIM’s Responsible Investment Framework which aims to provide a consistent and systematic approach to exclusions, refined criteria and thresholds for setting environmental and social characteristics with a defined terminology and approach to support the implementation of such characteristics across the financial products managed by LGIM.
The Responsible Investment Framework sets out the various types of investment strategies that LGIM’s financial products can follow and the responsible investing methodologies that explain how such investment strategies are defined and implemented.
The Fund follows the following sustainability-related investment strategy:
Carbon Emissions Intensity Target
L&G’s Future World Protection List
L&G’s Climate Impact Pledge
ESG Factor EvaluationTaxonomy
Sustainable InvestmentsPrincipal Adverse ImpactsLiterature
Document type
Prices
Pricing information
| Price basis | Single swing |
| Price time | 16:00 CET |
| Currency | USD |
Codes and dealing
Codes
| ISIN | LU2620024542 |
| SEDOL | BQQ68T8 |
| Bloomberg | LGHACBZ LX |
| MEX | - |
Dealing information
| Valuation frequency | Daily, 16:00 CET |
| Dealing frequency | Each Business Day |
| Settlement period | T+3 |
| Administrator/Custodian | Northern Trust |
Country registration
This share class is registered for sale in the following countries:
