Collectives

ICAV (UCITS compliant)

L&G Emerging Markets Equity Index Fund

I-Class GBP (Unhedged) Accumulation

ISINIE000EQ5ST59

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 currencyUSD
Fund launch date2 Feb 2017
DomicileIreland
Share class launch14 Dec 2021
As at 31 Jan 2024

Benchmark

MSCI Emerging Markets Index

Costs

Initial charge0.00%
Ongoing charges figure0.25%
Dilution levy0.315% - round trip
Entry anti-dilution levy0.13%
Exit anti-dilution levy0.18%

Performance

Performance for the I GBP (Unhedged) Acc unit class in GBP, launched on 14 December 2021. Source: Lipper. Performance assumes all fund charges have been taken and that all income generated by the investments, after deduction of tax, remains in the fund.
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.
As at 31 Jan 20241m3mYTD1y3yLaunch3y p.a.Launch p.a.
I Acc GBP-4.581.92-4.58-6.41--12.54--6.09
Benchmark-4.541.97-4.54-6.16--12.17--5.90
Relative-0.04-0.05-0.04-0.25--0.37--0.19
Share class launch date: 14 Dec 2021
Benchmark: MSCI Emerging Markets Index
To 31 Dec 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
I Acc GBP3.42-10.20--------
Benchmark3.63-10.02--------
Relative-0.21-0.18--------
Share class launch date: 14 Dec 2021
Benchmark: MSCI Emerging Markets Index
Performance fromto
  • I Acc GBP2.22%
  • Benchmark2.32%
Created with Highcharts 11.4.1Jan '22Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25-25-20-15-10-50510Highcharts.com
Share class launch date: 14 Dec 2021
Benchmark: MSCI Emerging Markets Index

Portfolio breakdown

As at 31 Jan 2024

Created with @product.name@ @product.version@Highcharts.com
Top 10 holdings23.1%
Rest of portfolio76.9%
No. of holdings in fund1,448
No. of holdings in index1,440

Top 10 holdings (%)

Taiwan Semiconductor Manufacturing Co7.3
Samsung Electronics Co3.9
Tencent Holdings3.4
Alibaba Group Holding2.2
Reliance Industries1.6
PDD Holdings ADR1.1
Infosys1.0
Icici Bank1.0
China Construction Bank H0.9
SK Hynix0.8
Created with @product.name@ @product.version@Highcharts.com

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

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 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

ISINIE000EQ5ST59
SEDOLBKZ7298
BloombergLGMEIIG ID
MEX-

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:

Denmark
Finland
France
Germany
Ireland
Italy
Netherlands
Norway
Sweden
Switzerland
United Kingdom

For valuations and account queries contact:

Legal & General (Unit Trust Managers) Limited
PO Box 6080
Wolverhampton
WV1 9RB
Telephone: 0370 050 0955
Email: investments@landg.com

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

Key risks

The value of an investment and any income taken from it is not guaranteed and can go down as well as up. You may not get back the amount you originally invested.

Past performance is not a guide to the future.

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.

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 investor 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 Legal & General Investment Management Limited as promoter and distributor for this fund in the UK.

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

The funds shall or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The Prospectus contains a more detailed description of the limited relationship MSCI has with Legal & General Investment Management Limited and its affiliates and any related funds.

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