Legal & General (PMC) AAA-AA Fixed Interest Over 15 Year Targeted Duration Fund

L&G PMC AAA-AA Fixed Interest Over 15 Year Targeted Duration Fund 3

L&G PMC AAA-AA Fixed Interest Over 15 Year Targeted Duration Fund G25

Fund code
Price-
As at-
Price-
As at-
Price186.90p
As at2 Apr 2025
Price183.70p
As at2 Apr 2025
Price1802.81p
As at2 Apr 2025

Fund facts

Fund size
£1.6m
Base currency
GBP
Domicile
United Kingdom

As at 28 Feb 2025

Fund aim

Benchmark

ABI Sector

Sterling Long Bond

Charges

Performance

Source: Lipper

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 28 Feb 2025

    CumulativeFundABI Sector
    3 years-33.42-31.41
    5 years-40.35-38.51
    AnnualisedFundABI Sector
    1 year0.03-0.21
    3 years-12.67-11.80
    5 years-9.81-9.26
    Since launch--

    Share class launch date: 17 Nov 1999

    Share class launch date: 11 Jun 2001

    Share class launch date: 14 May 2004

    Share class launch date: 14 May 2004

    Share class launch date: 26 Oct 2018

    As at 31 Dec 2024

    CumulativeFundABI Sector
    3 years-41.16-38.96
    5 years-37.58-35.49
    AnnualisedFundABI Sector
    1 year-9.96-8.16
    3 years-16.19-15.16
    5 years-8.99-8.38
    Since launch--

    Share class launch date: 17 Nov 1999

    Share class launch date: 11 Jun 2001

    Share class launch date: 14 May 2004

    Share class launch date: 14 May 2004

    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 (%)

    FundABI Sector
    20150.58-0.38
    201617.0317.30
    20174.263.88
    2018-1.00-1.58
    201911.6112.48
    202013.4012.82
    2021-6.45-6.31
    2022-38.88-36.56
    20236.904.76
    2024-9.96-8.15

    Calendar year performance (%)

    FundABI Sector
    20150.58-0.38
    201617.0317.30
    20174.263.88
    2018-1.00-1.58
    201911.6112.48
    202013.4012.82
    2021-6.45-6.31
    2022-38.88-36.56
    20236.904.76
    2024-9.96-8.15

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund0.03-12.67-9.81-
    ABI Sector-0.21-11.80-9.26-

    Data as at 28.02.2025

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund-9.96-16.19-8.99-
    ABI Sector-8.16-15.16-8.38-

    Data as at 31.12.2024

    Performance for the Primary unit class in GBP, launched on 17 November 1999. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the Charges included unit class in GBP, launched on 11 June 2001. 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 28 Feb 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 (%)

    15 - 20 Years26.8
    25 - 30 Years52.1
    30 - 40 Years12.9
    40+ Years8.1

    Credit rating (%)

    AAA27.8
    AA72.2

    Sector (%)

    Government82.1
    Social Infrastructure16.4
    Financial Services (Debt)1.6
    Top 10 holdings87.3
    Rest of portfolio12.7
    No. of issuers in fund11

    Top 10 holdings (%)

    Lcr Finance 5.1% 07 Mar 5117.2
    Affordable Housing Fin 2.893% 11 Aug 4312.7
    Sncf Reseau 5% 11 Mar 5212.3
    EU Inv Bank 4.625% 12 Oct 5411.9
    CPPIB Capital 1.625% 22 Oct 718.1
    Sncf Reseau 4.83% 25 Mar 607.1
    EU Inv Bank 4.5% 07 Mar 446.2
    Jersey Intl Bond 3.75% 09 Jun 544.2
    United Kingdom Gilt 0.5% 22 Oct 613.8
    Affordable Housing Fin 3.8% 20 May 423.7

    Country (%)

    United Kingdom41.8
    France19.4
    Supranational18.1
    Canada8.1
    Jersey5.8
    United States2.7
    Isle Of Man2.5
    Singapore1.6

    Management Team

    The Index Fund Management team comprises 25 fund managers, supported by two analysts. Management oversight is provided by the Global Head of Index Funds. The team has average industry experience of 15 years, of which seven years has been at LGIM, and is focused on achieving the equally important objectives of close tracking and maximising returns.

    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
    186.90p
    Change (%)
    -
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    GBP
    Price
    183.70p
    Change (%)
    -
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    GBP
    Price
    1802.81p
    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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