Fund code

This fund is designed for people who anticipate buying an annuity (a guaranteed income). If you invest in this fund but you do NOT plan to buy an annuity, it is important to review your retirement plans and consider selecting a different investment which may match your intentions more closely.

Please note that the name of the Fund was previously the L&G PMC Pre-Retirement Inflation Linked Fund 3.

Please note that the name of the Fund was previously the L&G PMC Pre-Retirement Inflation Linked Fund G25.

Fund facts

Fund size
£0.1m
Base currency
GBP
Launch date
Oct 2018
Domicile
United Kingdom
Indicative spread
0.40%

As at 30 Jun 2025

Fund aim

Benchmark

ABI Sector

Sterling Long Bond

Charges

Investment management charge	0.23%
Additional expenses	0.00%
Fund management charge	0.23%

Performance

Source: Lipper

Performance (%)

Change

Performance summary (%)

To month-end
To quarter-end

As at 30 Jun 2025

Cumulative	Fund
3 years	-13.74
5 years	-34.49

Annualised	Fund
1 year	-2.71
3 years	-4.80
5 years	-8.11
Since launch	-

As at 30 Jun 2025

Cumulative	Fund
3 years	-13.74
5 years	-34.49

Annualised	Fund
1 year	-2.71
3 years	-4.80
5 years	-8.11
Since launch	-

Rolling 12-month performance

Calendar year performance

Monthly performance

Annualised performance

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

	Fund
2016	13.85
2017	6.03
2018	2.10
2019	8.50
2020	10.51
2021	-2.60
2022	-22.03
2023	-15.93
2024	5.47
2025	-2.71

12 months to 30 June	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Fund	13.85	6.03	2.10	8.50	10.51	-2.60	-22.03	-15.93	5.47	-2.71

Calendar year performance (%)

	Fund
2015	-1.36
2016	21.07
2017	3.36
2018	-1.38
2019	9.47
2020	11.21
2021	-0.19
2022	-34.66
2023	4.74
2024	-5.96

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Fund	-1.36	21.07	3.36	-1.38	9.47	11.21	-0.19	-34.66	4.74	-5.96

To month-end
To quarter-end

Annualised performance (%)

	1 year	3 years	5 years	Since launch
Fund	-2.71	-4.80	-8.11	-

Annualised performance (%)

	1 year	3 years	5 years	Since launch
Fund	-2.71	-4.80	-8.11	-

Performance for the Primary unit class in GBP, launched on 17 March 2004. Source: Lipper.

Past performance is not a guide to the future.

Performance for the Charges included unit class in GBP, launched on 23 September 2015. Source: Lipper.

Past performance is not a guide to the future.

Performance for the unit class in GBP, launched on 18 October 2012. 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 18 October 2012. 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.

Years to maturity (%)

	0 - 5 Years	11.5
	5 - 10 Years	14.2
	10 - 15 Years	24.5
	15 - 20 Years	22.7
	20 - 25 Years	9.9
	25 - 30 Years	9.0
	30 - 40 Years	6.6
	40+ Years	1.7

Credit rating (%)

	AAA	0.3
	AA	56.0
	A	24.2
	BBB	19.6

Sector (%)

	Government	51.9
	Core Financials	10.0
	Utilities	9.9
	Consumer Services	4.3
	Housing Associations	4.0
	Telecommunications	3.6
	Consumer Goods	3.6
	Financial Services	2.5
	Industrials	2.5
	Other	7.7

	Top 10 holdings	49.3
	Rest of portfolio	50.7

No. of issuers in fund

251

Top 10 holdings (%)

UK IL Gilt 0.125% 22 Nov 36	14.5
UK IL Gilt 0.125% 10 Aug 41	7.4
UK IL Gilt 0.125% 22 Mar 44	5.2
UK IL Gilt 0.125% 10 Aug 31	4.9
UK IL Gilt 0.125% 10 Aug 48	4.4
UK Inf-Linked Gilt 0.125% 22 Mar 51	4.0
UK IL Gilt 1.25% 22 Nov 54	2.6
UK IL Gilt 0.125% 22 Nov 56	2.3
UK IL Gilt 0.125% 22 Mar 46	2.2
UK IL Gilt 0.375% 22 Mar 62	1.8

Country (%)

	United Kingdom	79.2
	United States	10.1
	France	2.3
	Germany	1.9
	Switzerland	1.7
	Australia	0.9
	Netherlands	0.7
	Italy	0.7
	Mexico	0.7
	Other	1.8

Fund managers

LGIM Portfolio Solutions

The Fund's strategic asset allocation is set and maintained by LGIM's Portfolio Solutions team. This team has a wealth of experience and is drawn from financial, actuarial and consultancy backgrounds. They are involved in asset allocation work for a wide range of LGIM's clients, typically large pension and insurance funds.

LGIM Index Fund 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.

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

-

Change (%)

-

Currency

GBP

Price time

12:00 UK time

Name

GBP

Price

1532.10p

Change (%)

-

Currency

GBP

Price time

12:00 UK time

Name

GBP

Price

1512.15p

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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