WorkSave Pension Plan

Legal & General Mastertrust Short Dated Bond Index Fund

L&G PMC Short Dated Sterling Corporate Bond Index Fund 3

L&G PMC Short Dated Sterling Corporate Bond Index Fund G25

Fund codeBD83

Fund facts

Fund size
£19.8m
Base currency
GBP
Launch date
Dec 2016
Domicile
United Kingdom

As at 30 Apr 2025

Fund aim

The objective of the Fund is to track the performance of the Markit iBoxx GBP Corporates 1-5 Index (the “Benchmark Index”) before fees and expenses are applied.

The objective of the Fund is to track the performance of the Markit iBoxx GBP Corporates 1-5 Index (the “Benchmark Index”) before fees and expenses are applied.

The objective of the Fund is to track the performance of the Markit iBoxx GBP Corporates 1-5 Index (the “Benchmark Index”) before fees and expenses are applied.

The investment objective of the fund is to track the total return of the Markit iBoxx Sterling Corporates 1-5 Index.

The investment objective of the fund is to track the total return of the Markit iBoxx Sterling Corporates 1-5 Index.

Benchmark

Markit iBoxx Sterling Corporates 1-5 Index

Markit iBoxx Sterling Corporates 1-5 Index

Markit iBoxx Sterling Corporates 1-5 Index

Markit iBoxx Sterling Corporates 1-5 Index

Markit iBoxx Sterling Corporates 1-5 Index

ABI Sector

Sterling Corporate Bond

Charges

Investment management charge	0.12%
Additional expenses	0.00%
Fund management charge	0.12%

Performance

Source: Lipper

Performance (%)

5 yearsChange

Legal & General Mastertrust Short Dated Bond Index FundMarkit iBoxx Sterling Corporates 1-5 Year TR

Performance summary (%)

To month-end
To quarter-end

As at 30 Apr 2025

Cumulative	Fund	Benchmark	Relative
3 years	11.35	11.78	-0.43
5 years	9.29	11.56	-2.27

Annualised		Benchmark	Relative
1 year	6.79	7.00	-0.21
3 years	3.65	3.78	-0.13
5 years	1.79	2.21	-0.42

Benchmark: Markit iBoxx Sterling Corporates 1-5 Year TR

Share class launch date: 18 Dec 2016

Benchmark: Markit iBoxx Sterling Corporates 1-5 Year TR

Share class launch date: 04 May 2016

Benchmark: Markit iBoxx Sterling Corporates 1-5 Year TR

Share class launch date: 11 Nov 2022

Share class launch date: 26 Sep 2016

Share class launch date: 12 May 2021

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	0.76	0.92	-0.16
2019	2.19	2.47	-0.28
2020	-0.50	-0.63	+0.13
2021	6.92	7.03	-0.11
2022	-3.22	-3.63	+0.41
2023	-3.42	-3.15	-0.27
2024	7.18	-	-
2025	5.33	-	-

12 months to 31 March	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Fund	-	-	0.76	2.19	-0.50	6.92	-3.22	-3.42	7.18	5.33
Benchmark	-	-	0.92	2.47	-0.63	7.03	-3.63	-3.15	-	-
Relative	-	-	-0.16	-0.28	+0.13	-0.11	+0.41	-0.27	-	-

Calendar year performance (%)

		Benchmark	Relative
2015	-	-	-
2016	-	-	-
2017	2.55	2.59	-0.04
2018	-0.36	-0.25	-0.11
2019	5.09	5.04	+0.05
2020	3.53	3.80	-0.27
2021	-0.93	-0.69	-0.24
2022	-7.65	-8.07	+0.42
2023	8.02	8.20	-0.18
2024	4.82	4.88	-0.06

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
	-	-	2.55	-0.36	5.09	3.53	-0.93	-7.65	8.02	4.82
Benchmark	-	-	2.59	-0.25	5.04	3.80	-0.69	-8.07	8.20	4.88
Relative	-	-	-0.04	-0.11	+0.05	-0.27	-0.24	+0.42	-0.18	-0.06

To month-end
To quarter-end

Annualised performance (%)

	1 year	3 years	5 years
	6.79	3.65	1.79
Benchmark	7.00	3.78	2.21
Relative	-0.21	-0.13	-0.42

Performance for the unit class in GBP, launched on 18 December 2016. Source: Lipper.

Past performance is not a guide to the future.

Performance for the unit class in GBP, launched on 04 May 2016. Source: Lipper.

Past performance is not a guide to the future.

Performance for the unit class in GBP, launched on 11 November 2022. Source: Lipper.

Past performance is not a guide to the future.

Performance for the Primary unit class in GBP, launched on 26 September 2016. Source: Lipper.

Past performance is not a guide to the future.

Performance for the charges included unit class in GBP, launched on 12 May 2021. 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 (%)

	0 - 5 Years	99.3
	5 - 10 Years	0.7

Credit rating (%)

	AAA	1.5
	AA	5.9
	A	45.9
	BBB	46.6
	BB	0.1

Sector (%)

	Core Financials	55.9
	Consumer Goods	9.9
	Utilities	9.0
	Industrials	5.1
	Real Estate	5.1
	Telecommunications	4.0
	Consumer Services	3.8
	Financial Services	2.7
	Energy	1.6
	Other	2.8

	Top 10 holdings	7.4
	Rest of portfolio	92.6

No. of issuers in fund	186
No. of issuers in index	193

Top 10 holdings (%)

HSBC Holdings 8.201% 16 Nov 34	0.9
Barclays 3.25% 12 Feb 27	0.8
BP Capital Markets 4.25% 31 Dec 99	0.8
Hsbc Holdings 3% 22 Jul 28	0.8
Morgan Stanley 2.625% 09 Mar 27	0.8
Coop Rabobank 4.625% 23 May 29	0.7
Bank of America 7% 31 Jul 28	0.7
Barclays 8.407% 14 Nov 32	0.7
Nationwide 6.178% 07 Dec 27	0.7
Natwest Group 2.105% 28 Nov 31	0.6

Country (%)

	United Kingdom	39.0
	United States	21.6
	France	10.4
	Germany	5.5
	Netherlands	4.3
	Spain	3.7
	Canada	3.0
	Australia	2.4
	Sweden	1.7
	Other	8.5

Prices

Change date

Change date

Change date

Change date

Change date

Name

GBP

Price

1191.72p

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

-

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.

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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