Worksave Buyout Plan Worksave Pension Worksave Trust

Legal & General (PMC) Pre-Retirement Inflation Linked Fund

L&G PMC Future World Inflation Linked Annuity Aware Fund 3

L&G PMC Future World Inflation Linked Annuity Aware Fund G25

Fund codeNES3

This fund is designed for people who anticipate buying an annuity (a guaranteed income). If you invest in this fund but you do NOT plan to buy an annuity, it is important to review your retirement plans and consider selecting a different investment which may match your intentions more closely.

Please note that the name of the Fund was previously the L&G PMC Pre-Retirement Inflation Linked Fund 3.

Fund facts

Fund size
£3.6m
Base currency
GBP
Domicile
United Kingdom

As at 31 Mar 2025

Fund aim

The Fund aims to improve potential outcomes for investors likely to purchase inflation-linked annuities by providing a diversified exposure to assets that reflect the broad characteristics of investments underlying a typical inflation-linked annuity product, incorporating Environmental, Social and Governance (“ESG”) considerations as part of the investment strategy. The Fund cannot provide full protection against changes in inflation-linked annuity rates for individual members as these also depend upon a number of other factors (e.g. changes to mortality assumptions).

Benchmark

Inflation Linked Annuity Aware Composite

ABI Sector

Sterling Long Bond

Charges

Performance

Source: Lipper

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 31 Mar 2025

    CumulativeFundBenchmarkRelative
    3 years-30.35--
    5 years-29.73--
    AnnualisedFundBenchmarkRelative
    1 year-5.26--
    3 years-11.35--
    5 years-6.81--
    Rolling 12-month performance
    Calendar year performance
    Annualised performance

    Rolling 12-month performance to last quarter end (%)

    Fund
    2016-0.36
    201716.08
    20181.09
    20196.15
    20204.44
    20212.52
    2022-1.59
    2023-25.84
    2024-0.87
    2025-5.26

    Performance for the unit class in GBP, launched on 18 October 2012. Source: Lipper.

    Past performance is not a guide to the future.

    Portfolio

    As at 31 Mar 2025. All data source LGIM unless otherwise stated. Totals may not sum due to rounding.

    Created with Highcharts 11.4.3

    Years to maturity (%)

    0 - 5 Years11.3
    5 - 10 Years16.0
    10 - 15 Years24.0
    15 - 20 Years23.7
    20 - 25 Years9.8
    25 - 30 Years7.9
    30 - 40 Years6.2
    40+ Years1.2

    Credit rating (%)

    AAA0.4
    AA55.8
    A24.5
    BBB19.3

    Sector (%)

    Government51.8
    Core Financials10.1
    Utilities9.9
    Consumer Services4.4
    Housing Associations4.1
    Telecommunications3.7
    Consumer Goods3.6
    Industrials2.5
    Health Care2.4
    Other7.5
    Top 10 holdings50.1
    Rest of portfolio49.9
    No. of issuers in fund252

    Top 10 holdings (%)

    UK IL Gilt 0.125% 22 Nov 3614.6
    UK IL Gilt 0.125% 10 Aug 417.5
    UK IL Gilt 0.125% 10 Aug 316.8
    UK IL Gilt 0.125% 22 Mar 445.2
    UK IL Gilt 0.125% 10 Aug 484.4
    UK Inf-Linked Gilt 0.125% 22 Mar 514.2
    UK IL Gilt 0.125% 22 Nov 562.5
    UK IL Gilt 0.125% 22 Mar 462.2
    UK IL Gilt 1.25% 22 Nov 541.4
    UK IL Gilt 0.125% 22 Mar 581.3

    Country (%)

    United Kingdom79.1
    United States10.1
    France2.2
    Germany1.9
    Switzerland1.7
    Australia1.0
    Netherlands0.7
    Italy0.7
    Mexico0.7
    Other1.9

    Prices

    Name
    GBP
    Price
    1522.17p
    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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