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 Sensitive Fund 3.

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

Fund facts

Fund size
£14.5m
Base currency
GBP
Domicile
United Kingdom

As at 28 Feb 2025

Fund aim

The Fund aims to improve inflation adjusted outcomes for investors likely to purchase fixed annuities by providing a diversified exposure to assets that reflect the broad characteristics of investments underlying a typical tradtional level annuity product, incorporating Environmental, Social and Governance (“ESG”) considerations as part of the investment strategy.

The Fund aims to improve inflation-adjusted outcomes for investors likely to purchase fixed annuities by providing a diversified exposure to assets that reflect the broad characteristics of investments underlying a typical traditional level annuity product, incorporating Environmental, Social and Governance (“ESG”) considerations as part of the investment strategy. The Fund cannot provide full protection against changes in annuity rates for individual members as these also depend upon a number of other factors (e.g. changes to mortality assumptions).

Benchmark

FTSE Annuities Index

ABI Sector

Sterling Long Bond

Charges

Performance

Source: Lipper

Performance (%)

Change

Performance summary (%)

To month-end
To quarter-end

As at 28 Feb 2025

Cumulative	Fund	Benchmark	Relative
3 years	-20.72	-	-
5 years	-22.63	-	-

Annualised	Fund	Benchmark	Relative
1 year	1.59	-	-
3 years	-7.44	-	-
5 years	-5.00	-	-

Rolling 12-month performance

Calendar year performance

Monthly performance

Annualised performance

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

	Fund
2015	-
2016	16.71
2017	3.47
2018	-1.52
2019	9.55
2020	9.83
2021	-1.07
2022	-28.18
2023	7.21
2024	-4.29

12 months to 31 December	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Fund	-	16.71	3.47	-1.52	9.55	9.83	-1.07	-28.18	7.21	-4.29
Benchmark	-	-	-	-	-	-	-	-	-	-
Relative	-	-	-	-	-	-	-	-	-	-

Calendar year performance (%)

	Fund
2015	-
2016	16.71
2017	3.47
2018	-1.52
2019	9.55
2020	9.83
2021	-1.07
2022	-28.18
2023	7.21
2024	-4.29

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Fund	-	16.71	3.47	-1.52	9.55	9.83	-1.07	-28.18	7.21	-4.29
Benchmark	-	-	-	-	-	-	-	-	-	-
Relative	-	-	-	-	-	-	-	-	-	-

To month-end
To quarter-end

Annualised performance (%)

	1 year	3 years	5 years
Fund	1.59	-7.44	-5.00
Benchmark	-	-	-
Relative	-	-	-

	1 year	3 years	5 years
Fund	-4.29	-9.67	-4.34
Benchmark	-	-	-
Relative	-	-	-

Performance for the Primary unit class in GBP, launched on 23 April 2014. Source: Lipper.

Past performance is not a guide to the future.

Performance for the Charges included unit class in GBP, launched on 23 May 2014. Source: Lipper.

Past performance is not a guide to the future.

Performance for the unit class in GBP, launched on 02 February 2015. 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.

Years to maturity (%)

	0 - 5 Years	20.6
	5 - 10 Years	22.0
	10 - 15 Years	18.3
	15 - 20 Years	17.8
	20 - 25 Years	10.3
	25 - 30 Years	7.4
	30 - 40 Years	2.8
	40+ Years	0.7

Credit rating (%)

	AAA	0.5
	AA	50.6
	A	27.5
	BBB	21.5

Sector (%)

	Government	43.8
	Core Financials	11.3
	Utilities	10.3
	Housing Associations	5.4
	Consumer Goods	4.4
	Consumer Services	4.1
	Telecommunications	3.9
	Industrials	3.2
	Health Care	2.8
	Other	10.8

	Top 10 holdings	44.7
	Rest of portfolio	55.3

No. of issuers in fund

280

Top 10 holdings (%)

UK IL Gilt 0.125% 22 Nov 36	9.1
UK IL Gilt 0.125% 22 Mar 29	8.4
UK IL Gilt 0.125% 10 Aug 31	7.7
UK IL Gilt 0.125% 10 Aug 41	5.8
UK IL Gilt 0.625% 22 Mar 45	3.9
UK IL Gilt 0.5% 22 Mar 50	2.5
UK IL Gilt 0.75% 22 Mar 34	2.4
United Kingdom Gilt 4.25% 07 Dec 49	2.0
UK IL Gilt 1.25% 22 Nov 54	1.8
Zurich Financial Services AG	1.1

Country (%)

	United Kingdom	76.1
	United States	12.3
	France	2.8
	Germany	2.1
	Switzerland	2.0
	Australia	0.9
	Italy	0.8
	Mexico	0.7
	Netherlands	0.6
	Other	1.8

Prices

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

1025.83p

Change (%)

Currency

GBP

Price time

12:00 UK time

Name

GBP

Price

1017.27p

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

Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). ©LSE Group 2025. FTSE Russell is a trading name of certain of the LSE Group companies. FTSE® is a trade mark of the relevant LSE Group companies and is used by any other LSE Group company under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

L&G PMC Future World Inflation Sensitive Annuity Aware Fund 3

L&G PMC Future World Inflation Sensitive Annuity Aware Fund G25

Fund facts

Fund aim

Benchmark

ABI Sector

Charges

Performance

Performance summary (%)

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

Calendar year performance (%)

Annualised performance (%)

Annualised performance (%)

Portfolio

Years to maturity (%)

Credit rating (%)

Sector (%)

Top 10 holdings (%)

Country (%)

Fund managers

Prices

Important Information

Index disclaimer