Morningstar Fund Report  | 10/09/2010Print

L&G Growth E Acc

Performance History31/08/2010
Growth of 1,000 (GBP) Advanced Graph
Performance History
Fund29.57.3-28.633.9-3.8
+/-Cat13.83.61.85.5-3.6
+/-Idx15.1-0.1-0.36.6-2.9
 
Category: UK Large-Cap Blend Equity
Index: FTSE 100 TR GBP
Trailing Returns09/09/2010
YTD1.17
3 Years Annualised-1.32
5 Years Annualised7.87
10 Years Annualised-
12 Month Yield 1.11
Tax Year Return 49.76
Benchmarks
Fund Benchmark
FTSE All Share TR
Morningstar Benchmark
FTSE 100 TR GBP
Key Stats
Morningstar
Qualitative Rating™		 Not Rated
Request this fund to be rated
Morningstar Rating™ 4 star
Morningstar Category™ UK Large-Cap Blend Equity
IMA Sector UK All Companies
ISIN GB0001952299
Day Change 1.17%
Fund Size (Mil)
31/07/2010		 GBP 223.44
Share Class Size (Mil)
09/09/2010		 GBP 26.68
Max Initial Charge -
Total Expense Ratio
31/10/2009		 1.67%
Deferred Load 5.00%
Max Exit Charge -
Bid  (09/09/2010)  GBX 60.52
Offer  (09/09/2010)  GBX 61.11
Inception Date 01/11/2000
Manager Name
Start Date
Robert Churchlow
10/04/2006
Investment Objective: L&G Growth E Acc
To provide the potential for long-term growth by investing in a concentrated portfolio of UK equities.
Portfolio Profile for  L&G Growth E Acc31/07/2010
Asset Allocation
  % Long% Short% Net Assets
Stock97.520.0097.52
Bond0.000.000.00
Property0.000.000.00
Cash2.480.002.48
Other0.000.000.00
Top 5 Regions%
United Kingdom98.55
Eurozone1.45
United States0.00
Canada0.00
Latin America0.00
Top 5 Sectors%
Financial Services19.52
Media18.06
Consumer Services16.80
Industrial Materials12.31
Business Services11.74
Top 5 HoldingsSector%
Virgin Media, Inc.MediaMedia4.92
PartyGaming PLCConsumer ServicesConsumer Services4.76
Barclays PLCFinancial ServicesFinancial Services4.68
Mecom Group PLCMediaMedia4.63
Catlin Group LtdFinancial ServicesFinancial Services4.28
Increase Decrease New since last portfolio
Growth Of 1000 (GBP) 31/08/2010
Fund:  L&G Growth E Acc
Category:  UK Large-Cap Blend Equity
Index:  FTSE 100 TR GBP
Growth of 1,000 GBP
Annual Returns31/08/2010
 200320042005200620072008200931/08
Total Return19.179.0025.7029.487.27-28.6133.92-3.81
+/- Category-0.42-2.185.2213.793.651.795.54-3.62
+/- Index1.28-2.244.9115.05-0.10-0.286.59-2.86
% Rank in Category44747115301594
Trailing Returns09/09/2010
   Total Returns   +/- Category   +/- Index
1 Day1.17   0.08-0.02
1 Week1.15   -0.86-1.24
1 Month0.43   -1.23-1.51
3 Months9.34   0.100.57
6 Months-0.95   -2.67-0.99
YTD1.17   -4.41-3.09
1 Year11.64   -1.88-1.97
3 Years Annualised-1.32   -0.04-1.30
5 Years Annualised7.87   3.513.59
10 Years Annualised-   --
 
Category: UK Large-Cap Blend Equity
Index: FTSE 100 TR GBP
Quarterly Returns31/08/2010
 Quarter 1Quarter 2Quarter 3Quarter 4
20105.55-12.62--
2009-5.6210.2718.468.63
2008-10.230.37-13.98-7.90
20078.073.46-3.88-0.19
200611.50-2.976.8312.02
20052.932.9310.247.62
 
 
 
Morningstar Rating™(Relative to Category)31/08/2010
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageAverage3 star
5-YearHighAbove Average5 star
10-Year--Not Rated
OverallAbove AverageAbove Average4 star
 
Category :  UK Large-Cap Blend EquityClick here to see our Methodology
Volatility Measurements31/08/2010
 
Modern Portfolio Statistics31/08/2010
 Standard IndexBest Fit Index
 FTSE 100 TR GBP  FTSE AllSh TR GBP
3-Yr R-Squared88.1889.91
3-Yr Beta1.011.00
3-Yr Alpha-0.23-0.12
 
Investment Style Details31/07/2010
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 3599-
Market Capitalisation% of Portfolio
Giant17.02
Large24.29
Medium43.95
Small14.74
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings11.161.02
Price/Book0.950.54
Price/Sales0.570.63
Price/Cash Flow1.700.34
Dividend-Yield Factor3.590.99
 
Long-Term Projected Earnings Growth11.771.38
Historical Earnings Growth6.20-0.52
Sales Growth-11.170.43
Cash-Flow Growth19.64-3.51
Book-Value Growth-9.680.49
 
Category: UK Large-Cap Blend Equity
Asset Allocation31/07/2010
Asset Allocation
 % Long% Short% Net Assets
Stock97.520.0097.52
Bond0.000.000.00
Property0.000.000.00
Cash2.480.002.48
Other0.000.000.00
World Regions31/07/2010
 % of EquityRelative to Category
United States0.000.00
Canada0.000.00
Latin America0.000.00
United Kingdom98.551.03
Eurozone1.451.42
Europe - ex Euro0.000.00
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed0.000.00
Asia - Emerging0.000.00
 
Category: UK Large-Cap Blend Equity
Sector Weightings31/07/2010
 % of EquityRelative to Category
InformationInformation18.061.68
SoftwareSoftware0.000.00
HardwareHardware0.000.00
MediaMedia18.065.67
TelecommunicationsTelecommunications0.000.00
ServiceService51.771.26
HealthcareHealthcare3.720.45
Consumer ServicesConsumer Services16.802.47
Business ServicesBusiness Services11.741.88
Financial ServicesFinancial Services19.520.99
ManufacturingManufacturing30.170.63
Consumer GoodsConsumer Goods3.920.38
Industrial MaterialsIndustrial Materials12.310.71
EnergyEnergy10.140.63
UtilitiesUtilities3.790.86
 
Category: UK Large-Cap Blend Equity
Top 10 Holdings31/07/2010
 Portfolio
Total Number of Equity Holdings26
Total Number of Bond Holdings0
Assets in Top 10 Holdings44.19
NameSectorCountry% of Assets
Virgin Media, Inc.MediaUnited Kingdom4.92
PartyGaming PLCConsumer ServicesUnited Kingdom4.76
Barclays PLCFinancial ServicesUnited Kingdom4.68
Mecom Group PLCMediaUnited Kingdom4.63
Catlin Group LtdFinancial ServicesUnited Kingdom4.28
London Stock Exchange Group PLCFinancial ServicesUnited Kingdom4.26
Cairn Energy PLCEnergyUnited Kingdom4.24
Rio Tinto PLCIndustrial MaterialsUnited Kingdom4.20
Reed Elsevier PLCMediaUnited Kingdom4.13
Cobham PLCIndustrial MaterialsUnited Kingdom4.09
 
Increase Decrease New since last portfolio
Category: UK Large-Cap Blend Equity

Management
Name of CompanyLegal & General Unit Trust Managers Ltd
Phone+44 (0)292 068 3512
Website-
AddressTemple Court
 London   EC4N 4TP
 United Kingdom
DomicileUnited Kingdom
Legal StructureUnit Trust
UCITSYes
Inception Date01/11/2000
Fund Advisor(s)
Legal & General Inv Mgmt Holdings Ltd
Fund ManagerRobert Churchlow
Manager Start Date10/04/2006
Career Start Year2006
 
Biography
Robert is Head of the UK Equity team and lead manager for the award winning Legal & General Growth Trust. He joined LGIM from Invesco in 2003 where he was the head of the UK Institutional Equities team. Prior to this role, Robert managed UK Equity portfolios and was responsible for the in-house Pan European equity research team at Royal and Sun Alliance Investment Management, where he worked since 1994. He began his career in 1987 at Provident Life.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge -
Deferred Load5.00%
Max Exit Charge -
Switching Fee0.00%
Annual Charges
Management Fee (Max)1.50%
Total Expense Ratio1.67%
Purchase Details
Minimum Investments
Initial500  GBP
Additional100  GBP
Savings10 GBP
Tax Free Savings Schemes
ISAYes