As at 31 Jul 2026
To provide investment growth by investing in a diversified portfolio of UK real estate investments alongside investments in global companies that specialise in owning and managing property. The fund considers sustainability factors by avoiding or reducing investment in prospective tenants or companies that do not meet defined standards of responsible business behaviour or environmental expectations, including those identified through its approach to supporting progress towards net‑zero emissions over time. The Fund may also look to increase investment in properties and companies that demonstrate stronger sustainability characteristics across environmental and social themes. The standards and criteria may change from time to time without changing the overall objective.
The Fund aims to deliver income and capital growth through investment in a diversified portfolio of UK real estate and the Global Real Estate Investment Trusts (REITs) market.
Composite of the Association of British Insurers (ABI) UK – UK Direct Property – Pensions Sector and the Solactive L&G Green Real Estate Developed Index
The performance comparator benchmark will reflect a weighted allocation between the 2 composite constituents of the benchmark to align with the asset allocation of the Fund. The asset allocation of the Fund, and correspondingly the performance comparator benchmark, as at the quarter end, is shown within the ‘Asset Allocation %’ section of this document (please note: allocations to cash and indirect property form part of the property component of the comparator). In line with the active management of the fund, the weightings may change within the fund’s guidelines. Prior notification of changes to the weightings of the performance comparator benchmark will not be provided.
Composite of the Association of British Insurers (ABI) UK – UK Direct Property – Pensions Sector and the Solactive L&G Green Real Estate Developed Index
The performance comparator benchmark will reflect a weighted allocation between the 2 composite constituents of the benchmark to align with the asset allocation of the Fund. The asset allocation of the Fund, and correspondingly the performance comparator benchmark, as at the quarter end, is shown within the ‘Asset Allocation %’ section of this document (please note: allocations to cash and indirect property form part of the property component of the comparator). In line with the active management of the fund, the weightings may change within the fund’s guidelines. Prior notification of changes to the weightings of the performance comparator benchmark will not be provided.
UK Direct Property
| Investment management charge | 0.44% |
| Additional expenses | 0.11% |
| Fund management charge | 0.55% |
As at 31 Jul 2026. All data source LGIM unless otherwise stated. Totals may not sum due to rounding.
L&G Property Fund Management Team
The Fund is managed by Terry Martin. The Fund team also includes a Senior Asset Manager. This team is supported by L&G RA’s wider platform capabilities in ESG; Transactions; Research; Sector Specialism; Sustainability; Derivatives; and Planning and Development.
The fund performance provided is:
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.
Source: FTSE International Limited (“FTSE”) ©FTSE 2026. “FTSE®” is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence. "NAREIT®" is a trade mark of the National Association of Real Estate Investment Trusts ("NAREIT”) and "EPRA" is a trade mark of the European Public Real Estate Association ("EPRA”) and all are used by FTSE International Limited under licence. The index is calculated by FTSE. Neither FTSE, Euronext N. V., NAREIT nor EPRA sponsor, endorse or promote this product and are not in any way connected to it and do not accept any liability. All intellectual property rights in the index values and constituent list vests in FTSE, Euronext N. V., NAREIT and EPRA. Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices and / or FTSE ratings or underlying data. No further distribution of FTSE Data is permitted without FTSE’s express written consent.
The financial instrument is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index and/or Index trade mark or the Index Price at any time or in any other respect. The Solactive Index is powered by Thomson Reuters Information.
