Legal & General (PMC) AAA-AA-A Corporate Bond Over 15 Year Index Fund

L&G PMC AAA-AA-A Corporate Bond Over 15 Year Index Fund 3

L&G PMC AAA-AA-A Corporate Bond Over 15 Year Index Fund G25

Fund code
Price-
As at-
Price-
As at-
Price203.60p
As at18 Aug 2025
Price199.68p
As at18 Aug 2025
Price1958.54p
As at18 Aug 2025

Fund facts

Fund size
£27.4m
Base currency
GBP
Launch date
May 2004
Domicile
United Kingdom
Indicative spread
1.00%

As at 30 Jun 2025

Fund aim

Benchmark

ABI Sector

Sterling Long Bond

Charges

Investment management charge0.12%
Additional expenses0.00%
Fund management charge0.12%

Performance

Source: Lipper

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 30 Jun 2025

    CumulativeFundBenchmark
    3 years-10.86-11.65
    5 years-35.29-35.84
    AnnualisedFundBenchmark
    1 year-1.22-1.21
    3 years-3.76-4.04
    5 years-8.33-8.49
    Since launch2.62-

    Share class launch date: 07 Feb 2002

    Share class launch date: 17 Jun 2003

    Benchmark: Markit iBoxx Sterling Non-Gilts ex-BBB 15+ TR

    Share class launch date: 14 May 2004

    Benchmark: Markit iBoxx Sterling Non-Gilts ex-BBB 15+ TR

    Share class launch date: 14 May 2004

    Benchmark: Markit iBoxx Sterling Non-Gilts ex-BBB 15+ TR

    Share class launch date: 26 Oct 2018

    As at 30 Jun 2025

    CumulativeFundBenchmark
    3 years-10.86-11.65
    5 years-35.29-35.84
    AnnualisedFundBenchmark
    1 year-1.22-1.21
    3 years-3.76-4.04
    5 years-8.33-8.49
    Since launch2.62-

    Share class launch date: 07 Feb 2002

    Share class launch date: 17 Jun 2003

    Benchmark: Markit iBoxx Sterling Non-Gilts ex-BBB 15+ TR

    Share class launch date: 14 May 2004

    Benchmark: Markit iBoxx Sterling Non-Gilts ex-BBB 15+ TR

    Share class launch date: 14 May 2004

    Benchmark: Markit iBoxx Sterling Non-Gilts ex-BBB 15+ TR

    Share class launch date: 26 Oct 2018

    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

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

    FundBenchmark
    201614.7915.80
    20175.986.13
    20181.780.33
    20198.109.43
    202014.6214.82
    2021-3.22-2.77
    2022-24.99-25.32
    2023-15.51-15.83
    20246.816.25
    2025-1.22-1.21

    Calendar year performance (%)

    FundBenchmark
    2015-0.38-0.66
    201617.1318.09
    20176.345.44
    2018-2.96-3.40
    201915.7216.37
    202013.0714.37
    2021-5.37-6.63
    2022-36.57-36.55
    20238.419.64
    2024-6.18-6.95

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund-1.22-3.76-8.332.62
    Benchmark-1.21-4.04-8.49-

    Data as at 30.06.2025

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund-1.22-3.76-8.332.62
    Benchmark-1.21-4.04-8.49-

    Data as at 30.06.2025

    Performance for the Primary unit class in GBP, launched on 07 February 2002. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the Charges included unit class in GBP, launched on 17 June 2003. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the unit class in GBP, launched on 14 May 2004. Source: Lipper. The fund performance does not take into account of any product charges or External Funds Annual Management Charge (EFAMC).

    Past performance is not a guide to the future.

    Performance for the unit class in GBP, launched on 14 May 2004. Source: Lipper.

    Past performance is not a guide to the future.

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

    Past performance is not a guide to the future.

    Portfolio

    As at 30 Jun 2025. All data source LGIM unless otherwise stated. Totals may not sum due to rounding. In order to minimise transaction costs, the Fund will not always own all the assets that constitute the index and on occasion it will own assets that are not in the index.

    Years to maturity (%)

    10 - 15 Years1.7
    15 - 20 Years43.8
    20 - 25 Years17.2
    25 - 30 Years23.0
    30 - 40 Years10.6
    40+ Years3.7

    Credit rating (%)

    AAA6.7
    AA22.5
    A70.6
    Undefined0.2

    Sector (%)

    Housing Associations36.7
    Financial Services9.5
    Consumer Services7.7
    Non-financials7.4
    Core Financials5.2
    Utilities5.0
    Guaranteed Financials4.5
    Health Care4.2
    Real Estate3.7
    Other16.2
    Top 10 holdings19.0
    Rest of portfolio81.0
    No. of issuers in fund86
    No. of issuers in index87

    Top 10 holdings (%)

    Lcr Finance 5.1% 07 Mar 512.5
    Thfc Funding No 3 5.2% 11 Oct 432.3
    Pfizer 2.735% 15 Jun 432.1
    Bhp Billiton Finance 4.3% 25 Sep 422.0
    Lloyds Bank 6.5% 17 Sep 402.0
    Affordable Housing Fin 2.893% 11 Aug 431.9
    Comcast 5.25% 26 Sep 401.7
    Allianz Finance Ii 4.5% 13 Mar 431.6
    America Movil SAB 4.375% 07 Aug 411.5
    EU Inv Bank 4.625% 12 Oct 541.5

    Country (%)

    United Kingdom70.6
    United States9.1
    France2.9
    Supranational2.9
    Germany2.9
    Australia2.0
    Netherlands1.6
    Mexico1.5
    Japan1.4
    Other5.1

    Management Team

    The skill set and expertise we have developed over 35+ years in index management has allowed us to continuously evolve our investment processes. The Index Fund Management team comprises 30 fund managers with an average experience of 15 years, supported by 33 broader team members. Management oversight is provided by Dave Barron, Global Head of Index, ETFs & Systematic Solutions. The team also has full access to the resources and research of other specialists within L&G, including economists and strategists.

    LGIMIndex Fund Management Team

    Prices

    Name
    GBP
    Price
    -
    Change (%)
    -
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    GBP
    Price
    -
    Change (%)
    -
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    GBP
    Price
    203.60p
    Change (%)
    -
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    GBP
    Price
    199.68p
    Change (%)
    -
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    GBP
    Price
    1958.54p
    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. 

    Index disclaimer

    The Markit iBoxx index referenced herein is the intellectual property of Markit Indices Limited (“Markit”) and is used under license. The Fund is not sponsored, endorsed, or promoted by Markit. Markit makes no representations or warranties as to the index including those of merchantability or fitness for a particular purpose or use, or the accuracy and/or completeness of the index or any data included therein.

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