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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 codeB4IY

Fund facts

Fund size
£4.6m
Base currency
GBP
Launch date
Oct 2018
Domicile
United Kingdom
Indicative spread
1.00%

As at 30 Apr 2025

Fund aim

The investment objective of the fund is to track the performance of the Markit iBoxx £ Non-Gilts (ex BBB) Over 15 Years Index to within +/-0.5% p.a. for two years out of three.

The investment objective of the fund is to track the performance of the Markit iBoxx £ Non-Gilts (ex BBB) Over 15 Years Index to within +/-0.5% p.a. for two years out of three.

To track the performance of the Markit iBoxx £ Non-Gilts (ex-BBB) Over 15 Year Index (including re-invested income) to within +/- 0.50% each year for two years out of three.

To track the performance of the Markit iBoxx £ Non-Gilts (ex-BBB) Over 15 Year Index (including re-invested income) to within +/- 0.50% each year for two years out of three.

To track the performance of the Markit iBoxx £ Non-Gilts (ex-BBB) Over 15 Year Index (including re-invested income) to within +/- 0.50% each year for two years out of three.

Benchmark

Markit iBoxx £ Non-Gilts (ex-BBB) Over 15 Years Index

Markit iBoxx £ Non-Gilts (ex-BBB) Over 15 Years Index

Markit iBoxx £ Non-Gilts (ex-BBB) Over 15 Years Index

Markit iBoxx £ Non-Gilts (ex-BBB) Over 15 Years Index

Markit iBoxx £ Non-Gilts (ex-BBB) Over 15 Years Index

ABI Sector

Sterling Long Bond

Charges

Investment management charge	0.20%
Additional expenses	0.00%
Fund management charge	0.20%

Performance

Source: Lipper

Performance (%)

5 yearsChange

L&G PMC AAA-AA-A Corporate Bond Over 15 Year Index Fund G25Markit iBoxx Sterling Non-Gilts ex-BBB 15+ TR

Performance summary (%)

To month-end
To quarter-end

As at 30 Apr 2025

Cumulative	Fund	Benchmark	Relative
3 years	-22.68	-21.15	-1.53
5 years	-35.43	-35.44	+0.01

Annualised	Fund	Benchmark	Relative
1 year	-1.55	-0.26	-1.29
3 years	-8.21	-7.61	-0.60
5 years	-8.37	-8.37	0.00

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 (%)

	Fund	Benchmark	Relative
2016	-1.19	-0.75	-0.44
2017	15.06	15.17	-0.11
2018	1.43	1.47	-0.04
2019	6.32	5.10	+1.22
2020	2.73	4.95	-2.22
2021	8.27	5.77	+2.50
2022	-9.88	-9.19	-0.69
2023	-25.50	-24.33	-1.17
2024	3.23	-	-
2025	-4.85	-	-

12 months to 31 March	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Fund	-1.19	15.06	1.43	6.32	2.73	8.27	-9.88	-25.50	3.23	-4.85
Benchmark	-0.75	15.17	1.47	5.10	4.95	5.77	-9.19	-24.33	-	-
Relative	-0.44	-0.11	-0.04	+1.22	-2.22	+2.50	-0.69	-1.17	-	-

Calendar year performance (%)

	Fund	Benchmark	Relative
2015	-0.50	-0.66	+0.16
2016	17.06	18.09	-1.03
2017	6.27	5.44	+0.83
2018	-4.53	-3.40	-1.13
2019	17.41	16.37	+1.04
2020	12.98	14.37	-1.39
2021	-5.45	-6.63	+1.18
2022	-36.63	-36.55	-0.08
2023	8.33	9.64	-1.31
2024	-6.25	-6.95	+0.70

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Fund	-0.50	17.06	6.27	-4.53	17.41	12.98	-5.45	-36.63	8.33	-6.25
Benchmark	-0.66	18.09	5.44	-3.40	16.37	14.37	-6.63	-36.55	9.64	-6.95
Relative	+0.16	-1.03	+0.83	-1.13	+1.04	-1.39	+1.18	-0.08	-1.31	+0.70

To month-end
To quarter-end

Annualised performance (%)

	1 year	3 years	5 years
Fund	-1.55	-8.21	-8.37
Benchmark	-0.26	-7.61	-8.37
Relative	-1.29	-0.60	0.00

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 Apr 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 Years	1.5
	15 - 20 Years	44.4
	20 - 25 Years	17.4
	25 - 30 Years	22.3
	30 - 40 Years	10.7
	40+ Years	3.8

Credit rating (%)

	AAA	6.8
	AA	22.9
	A	70.3

Sector (%)

	Housing Associations	36.0
	Financial Services	9.8
	Consumer Services	7.6
	Non-financials	7.4
	Core Financials	5.1
	Utilities	4.7
	Guaranteed Financials	4.5
	Health Care	4.2
	Real Estate	4.2
	Other	16.6

	Top 10 holdings	18.8
	Rest of portfolio	81.2

No. of issuers in fund	88
No. of issuers in index	87

Top 10 holdings (%)

Lcr Finance 5.1% 07 Mar 51	2.5
Thfc Funding No 3 5.2% 11 Oct 43	2.2
Pfizer 2.735% 15 Jun 43	2.2
Bhp Billiton Finance 4.3% 25 Sep 42	2.0
Lloyds Bank 6.5% 17 Sep 40	1.9
Affordable Housing Fin 2.893% 11 Aug 43	1.9
Comcast 5.25% 26 Sep 40	1.7
EU Inv Bank 4.625% 12 Oct 54	1.5
Allianz Finance Ii 4.5% 13 Mar 43	1.5
America Movil SAB 4.375% 07 Aug 41	1.5

Country (%)

	United Kingdom	70.2
	United States	9.7
	France	2.9
	Supranational	2.8
	Germany	2.7
	Australia	2.0
	Netherlands	1.6
	Mexico	1.5
	Japan	1.3
	Other	5.3

Prices

Change date

Change date

Change date

Change date

Change date

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

208.40p

Change (%)

-

Currency

GBP

Price time

12:00 UK time

Name

GBP

Price

203.55p

Change (%)

-

Currency

GBP

Price time

12:00 UK time

Name

GBP

Price

1996.79p

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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