Diversified Multi Factor Equity Fund
Unit-Linked Life Insurance
Diversified Multi Factor Equity Fund
Fund aim
The investment objective of the fund is to provide long-term investment growth through exposure to a diversified portfolio of global equities that exhibit factor characteristics.
Fund characteristics
The fund will be fully invested in equities that exhibit the characteristics of certain equity risk factors that have been shown to be rewarded over the long term. The fund will gain exposure by investing in regional multi-factor building blocks. The regional allocation will be reviewed periodically (at least annually) and the fund will not take short term, tactical asset allocation positions.
The Fund aims to reduce its carbon footprint by targeting reductions of at least 60% by the end of 2025, with a goal of net zero carbon emissions by 2050. This target for 2025 is relative to its 2019 footprint.
A portion of the other funds which this fund may hold units in may apply one or more of the following characteristics; exclusion of companies on the L&G Future World Protection List (FWPL) or exclusion of companies in accordance with the L&G Climate Impact Pledge.
The FWPL seeks to align with market practice and client expectations for responsible investment products, as set out in the FWPL methodology. Companies on the FWPL include companies considered as perennial violators of the United Nations Global Compact, certain companies involved in controversial weapons manufacturing and production, certain companies with involvement in mining and extraction of thermal coal, thermal coal power generation or oil sands. www.landg.com/fwpl. The Climate Impact Pledge divestment list includes companies, which after a certain period of engagement, continue to: (i) not perform well against L&G’s climate assessment; (ii) are unresponsive to engagement recommendations; and/or; fall behind in meeting L&G’s minimum standards. www.landg.com/cip.
The asset allocation of the fund is managed by L&G with the aim of enhancing returns and managing downside risk. The fund provides exposure to global assets with a flexible approach to managing foreign currency exposure. Derivatives may be used for efficient portfolio management.
The Fund aims to reduce its carbon footprint by targeting reductions of at least 60% by the end of 2025, with a goal of net zero carbon emissions by 2050. This target for 2025 is relative to its 2019 footprint.
A portion of the other funds which this fund may hold units in may apply one or more of the following characteristics; exclusion of companies on the L&G Future World Protection List (FWPL) or exclusion of companies in accordance with the L&G Climate Impact Pledge.
The FWPL seeks to align with market practice and client expectations for responsible investment products, as set out in the FWPL methodology. Companies on the FWPL include companies considered as perennial violators of the United Nations Global Compact, certain companies involved in controversial weapons manufacturing and production, certain companies with involvement in mining and extraction of thermal coal, thermal coal power generation or oil sands. www.landg.com/fwpl. The Climate Impact Pledge divestment list includes companies, which after a certain period of engagement, continue to: (i) not perform well against L&G’s climate assessment; (ii) are unresponsive to engagement recommendations; and/or; fall behind in meeting L&G’s minimum standards. www.landg.com/cip.
The asset allocation of the fund is managed by L&G with the aim of enhancing returns and managing downside risk. The fund provides exposure to global assets with a flexible approach to managing foreign currency exposure. Derivatives may be used for efficient portfolio management.
Fund facts
| Fund size As at 30 Jun 2026 | £5,446.6m |
| Base currency | GBP |
| Fund launch | 11/07/17 |
| Domicile | United Kingdom |
Comparator
40% FTSE North America (50% GBP Hedged), 45% FTSE Developed ex North America (50% GBP Hedged), 15% FTSE Emerging Index
We show the fund's performance against a comparator of 40% FTSE North America (50% GBP Hedged), 45% FTSE Developed ex North America (50% GBP Hedged), 15% FTSE Emerging Index, which broadly reflects the regional allocation and hedging of the fund as the fund targets multiple factors with the aim of improving returns versus similar regionally-weighted market-capitalisation indices while reducing stock-level concentration.
Performance
Source: LGIM. Performance is reported in GBP based on weekly mid-market prices before the deduction of fees. Please note that the Net Asset Value (NAV) of some of the component funds incorporate accruals to reflect certain tax positions.
Past performance is not a guide to future performance and the value of investments can go down as well as up.
Fund launch date: 11 Jul 2017
Comparator: 40% FTSE North America (50% GBP Hedged), 45% FTSE Developed ex North America (50% GBP Hedged), 15% FTSE Emerging Index
Year
Fund launch date: 11 Jul 2017
Comparator: 40% FTSE North America (50% GBP Hedged), 45% FTSE Developed ex North America (50% GBP Hedged), 15% FTSE Emerging Index
Source: LGIM. Performance is reported in GBP based on daily close mid-market prices before the deduction of fees. Please note that the Net Asset Value (NAV) of some of the component funds incorporate accruals to reflect certain tax positions.
Past performance is not a guide to future performance and the value of investments can go down as well as up.
Fund launch date: 11 Jul 2017
Comparator: 40% FTSE North America (50% GBP Hedged), 45% FTSE Developed ex North America (50% GBP Hedged), 15% FTSE Emerging Index
Year
Fund launch date: 11 Jul 2017
Comparator: 40% FTSE North America (50% GBP Hedged), 45% FTSE Developed ex North America (50% GBP Hedged), 15% FTSE Emerging Index
Source: LGIM. Performance is reported in GBP based on daily midday mid-market prices before the deduction of fees. Please note that the Net Asset Value (NAV) of some of the component funds incorporate accruals to reflect certain tax positions.
Past performance is not a guide to future performance and the value of investments can go down as well as up.
Fund launch date: 11 Jul 2017
Comparator: 40% FTSE North America (50% GBP Hedged), 45% FTSE Developed ex North America (50% GBP Hedged), 15% FTSE Emerging Index
Year
Fund launch date: 11 Jul 2017
Comparator: 40% FTSE North America (50% GBP Hedged), 45% FTSE Developed ex North America (50% GBP Hedged), 15% FTSE Emerging Index
Portfolio breakdown
As at 30 Jun 2026
Asset allocation (%)
UK | 7.2 |
Europe ex UK | 15.4 |
North America | 37.7 |
Japan | 7.2 |
Asia Pacific ex Japan | 6.7 |
Emerging Markets | 11.6 |
Small Cap | 4.1 |
Risk Management Overlay | 10.1 |
UK (%)
| MF UK ESG Exclusions Equity Fund | 7.2 |
Europe ex UK (%)
| MF Developed Europe (ex UK) ESG Exclusions Equity Fund | 9.6 |
| MF Developed Europe (ex UK) ESG Exclusions Equity Fund GBPH | 5.8 |
North America (%)
| MF North America ESG Exclusions Equity Fund GBPH | 20.5 |
| MF North America ESG Exclusions Equity Fund | 17.6 |
Japan (%)
| MF Japan ESG Exclusions Equity Fund | 3.8 |
| MF Japan ESG Exclusions Equity Fund GBPH | 3.4 |
Asia Pacific ex Japan (%)
| MF Developed Asia Pacific (ex Japan) ESG Exclusions Equity Fund | 3.4 |
| MF Developed Asia Pacific (ex Japan) ESG Exclusions Equity Fund GBPH | 3.2 |
Emerging markets (%)
| MF Emerging Market ESG Exclusions Equity Fund | 12.0 |
Small cap (%)
| MSCI World Small Cap ESG Exclusions Fund | 4.0 |
Risk management overlay (%)
| Risk Overlay - Equity Index Futures | 9.5 |
Asset allocation (%)
UK | 7.2 |
Europe ex UK | 15.4 |
North America | 37.7 |
Japan | 7.2 |
Asia Pacific ex Japan | 6.7 |
Emerging Markets | 11.6 |
Small Cap | 4.1 |
Risk Management Overlay | 10.1 |
UK (%)
| MF UK ESG Exclusions Equity Fund | 7.2 |
Europe ex UK (%)
| MF Developed Europe (ex UK) ESG Exclusions Equity Fund | 9.6 |
| MF Developed Europe (ex UK) ESG Exclusions Equity Fund GBPH | 5.8 |
North America (%)
| MF North America ESG Exclusions Equity Fund GBPH | 20.5 |
| MF North America ESG Exclusions Equity Fund | 17.6 |
Japan (%)
| MF Japan ESG Exclusions Equity Fund | 3.8 |
| MF Japan ESG Exclusions Equity Fund GBPH | 3.4 |
Asia Pacific ex Japan (%)
| MF Developed Asia Pacific (ex Japan) ESG Exclusions Equity Fund | 3.4 |
| MF Developed Asia Pacific (ex Japan) ESG Exclusions Equity Fund GBPH | 3.2 |
Emerging markets (%)
| MF Emerging Market ESG Exclusions Equity Fund | 12.0 |
Small cap (%)
| MSCI World Small Cap ESG Exclusions Fund | 4.0 |
Risk management overlay (%)
| Risk Overlay - Equity Index Futures | 9.5 |
All data source LGIM unless otherwise stated. Totals may not sum due to rounding.
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Fund managers
L&G Asset Allocation Team
The Fund is managed by L&G's Asset Allocation team. The team has a wealth of experience in fund management, investment strategy and economics. They are responsible for a wide range of multi-asset funds and investment strategies across L&G's client base. The Fund allows a broad range of pension fund investors to access this expertise.
L&G Allocation Strategy Management Team (ASM)
The day-to-day implementation of the allocation of the fund is managed by the Allocation Strategy Management team.
Literature
Document type
Prices
Units can be purchased, sold or switched on a designated dealing day. This fund is offered on a weekly close, daily close, or daily midday basis. Further information is available in the relevant operational procedures sheet and the Description of Funds.
