Legal & General MT Active Global Equity Fund

L&G PMC MFS Meridian Global Equity 3

L&G PMC MFS Meridian Global Equity G25

Fund codeBRN3

Fund facts

Fund size
-
Launch date
May 2021

As at 31 Dec 2024

Fund aim

The Fund’s objective is capital appreciation, measured in U.S. dollars. The Fund invests primarily (at least 70%) in equity securities of companies located in developed and emerging market countries. The Fund may invest in companies it believes to have above average earnings growth potential compared to other companies growth companies), in companies it believes are undervalued compared to their perceived worth (value companies,) or in a combination of growth and value companies. The Fund generally focuses its investments in larger companies, but may invest in companies of any size. The Fund may invest a relatively large percentage of the fund’s assets in a small number of countries and/or a particular geographic region. The Fund may use derivatives for hedging and/or investment purposes, including to increase or decrease exposure to a particular market, segment of the market, or security, to manage currency exposure or other characteristics of the Fund, or as alternatives to direct investments. The Fund will not extensively or primarily use derivatives to achieve the Fund’s investment objective or for investment purposes.

Benchmark

MSCI World Index

ABI Sector

Global Equities

Performance

Source: Lipper

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    Performance summary (%)

    As at 31 Dec 2024

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    Performance for the unit class in GBP, launched on 07 May 2021. Source: Lipper.

    Portfolio

    As at 31 Dec 2024. All data source LGIM unless otherwise stated. Totals may not sum due to rounding.

    Currency (%)

    United States Dollar47.6
    Euro31.7
    British Pound Sterling9.3
    Swiss Franc7.5
    Japanese Yen2.2
    Danish Krone0.7
    South Korean Won0.7
    Mexican Peso0.2

    Sector (%)

    Financials20.4
    Industrials19.5
    Health Care16.4
    Information Technology11.9
    Consumer Discretionary9.4
    Consumer Staples7.7
    Communication Services7.4
    Materials6.8
    Other0.4
    Top 10 holdings24.6
    Rest of portfolio75.4

    Top 10 holdings (%)

    Visa Inc3.3
    Microsoft Corp2.7
    Schneider Electric Se2.6
    The Charles Schwab Corp2.6
    Alphabet Inc2.6
    Willis Towers Watson PLC2.5
    Medtronic PLC2.2
    Honeywell International Inc (EQ)2.2
    Thermo Fisher Scientific Inc (Eq)2.1
    LVMH Moet Hennessy Louis Vuitton2.0

    Country (%)

    United States54.6
    France11.0
    United Kingdom9.2
    Switzerland7.5
    Spain3.2
    Germany3.1
    Canada2.9
    Japan2.2
    Netherlands2.0
    Other4.2

    Prices

    Name
    GBP
    Price
    -
    Change (%)
    -
    Currency
    GBP
    Price time
    12:00 UK time

    Important Information

    The fund performance provided is: 

    • after all fund charges have been taken, but doesn't include any other product charges. Please see your product literature for more information on charges.
    • assuming all income generated by the investments remains within the fund

    Please bear in mind that past performance is not a guide to future returns. The value of an investment and any income taken from it is not guaranteed and may go down as well as up. You could get back less than you invest.

    Performance data source: Lipper. 

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