Fund facts

Fund size
£11.5m
Launch date
Aug 2016

As at 31 Mar 2025

Fund aim

The investment objective of the Fund is to achieve a positive real rate of return from capital appreciation and income over the medium to long term, at least above the rate of inflation (defined as the Consumer Price Index). It also aims to provide a positive return over a maximum period of 3 years, notwithstanding market conditions.

Benchmark

UK Consumer Price Index + 4%

ABI Sector

Specialist

Charges

Investment management charge	0.55%
Additional expenses	0.00%
Fund management charge	0.55%

Performance

Source: Lipper

Performance (%)

5 yearsChange

L&G PMC CT Dynamic Real Return Fund 3UK Consumer Price Index + 4%

Performance summary (%)

To month-end
To quarter-end

As at 31 Mar 2025

Cumulative	Fund	Benchmark	Relative
3 years	7.36	29.46	-22.10
5 years	32.89	50.61	-17.72

Annualised		Benchmark	Relative
1 year	2.38	6.79	-4.41
3 years	2.39	8.98	-6.59
5 years	5.85	8.53	-2.68

Rolling 12-month performance

Calendar year performance

Monthly performance

Annualised performance

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

	Fund	Benchmark	Relative
2016	-	-	-
2017	-	-	-
2018	2.61	6.45	-3.84
2019	1.71	5.90	-4.19
2020	-5.61	5.50	-11.11
2021	19.95	4.74	+15.21
2022	3.19	11.08	-7.89
2023	-4.11	14.05	-18.16
2024	9.36	-	-
2025	2.38	-	-

12 months to 31 March	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Fund	-	-	2.61	1.71	-5.61	19.95	3.19	-4.11	9.36	2.38
Benchmark	-	-	6.45	5.90	5.50	4.74	11.08	14.05	-	-
Relative	-	-	-3.84	-4.19	-11.11	+15.21	-7.89	-18.16	-	-

Calendar year performance (%)

		Benchmark	Relative
2015	-	-	-
2016	-	-	-
2017	7.14	6.97	+0.17
2018	-5.42	6.10	-11.52
2019	10.55	5.27	+5.28
2020	7.58	4.65	+2.93
2021	4.57	9.36	-4.79
2022	-7.57	14.53	-22.10
2023	8.94	8.00	+0.94
2024	7.55	6.50	+1.05

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
	-	-	7.14	-5.42	10.55	7.58	4.57	-7.57	8.94	7.55
Benchmark	-	-	6.97	6.10	5.27	4.65	9.36	14.53	8.00	6.50
Relative	-	-	+0.17	-11.52	+5.28	+2.93	-4.79	-22.10	+0.94	+1.05

To month-end
To quarter-end

Annualised performance (%)

	1 year	3 years	5 years
	2.38	2.39	5.85
Benchmark	6.79	8.98	8.53
Relative	-4.41	-6.59	-2.68

	1 year	3 years	5 years
	7.55	2.69	4.02
Benchmark	5.86	9.39	8.41
Relative	+1.69	-6.70	-4.39

Performance for the unit class in GBP, launched on 02 August 2016. Source: Lipper.

Performance for the unit class in GBP, launched on 20 November 2018. Source: Lipper.

Performance for the unit class in GBP, launched on 26 October 2018. Source: Lipper.

Portfolio

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

Sector (%)

	Global Equities	19.2
	HY Credit	15.1
	IG Credit	11.2
	North American Equities	11.1
	Dev Govt	8.0
	Japanese Equities	7.4
	EM Local	5.5
	Emerging Market Equities	4.9
	Property	4.8
	Other	12.8

	Top 10 holdings	79.0
	Rest of portfolio	21.0

Top 10 holdings (%)

Global Equities	19.2
HY Credit	14.5
CT Sterling Corporate Bond Fund	10.5
Gov of UK 1.25% 31-Jul-2051	8.0
CT Japan Fund Institutional	6.3
CT American Fund Institutional	5.9
CT Asia Fund	4.9
CT UK Property Authorised Trust	4.0
eMini S&P 500 (CME) Mar 25	3.2
CT European Select Fund	2.5

Prices

Change date

Name

GBP

Price

1395.40p

Change (%)

Currency

GBP

Price time

12:00 UK time

Name

GBP

Price

1311.38p

Change (%)

Currency

GBP

Price time

12:00 UK time

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.

L&G PMC CT Dynamic Real Return Fund 3

L&G PMC CT Dynamic Real Return G25

L&G PMC Threadneedle Dynamic Real Return Fund 3T

Fund facts

Fund aim

Benchmark

ABI Sector

Charges

Performance

Performance summary (%)

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

Calendar year performance (%)

Annualised performance (%)

Annualised performance (%)

Portfolio

Sector (%)

Top 10 holdings (%)

Fund Manager

Prices

Important Information

Cumulative	Fund	Benchmark	Relative
3 years	8.29	30.93	-22.64
5 years	21.83	49.83	-28.00